Tesla unveils cheaper Model 3 after 115,000 advance orders placed

Tesla Motors, suggesting there may be pent-up demand for an affordable electric car with decent range, revealed the design of its $35,000-and-up Model 3 during an invitation-only event late Thursday.

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Ford cites several dealers for community service work

Ford Motor has honored several auto dealers for their dedication to their communities. Ford's Salute to Dealers, conducted under the guidance of Edsel Ford II, a member of Ford's board, was held here Thursday.

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Toyota's Carter says sales nearing plateau, but will remain solid

U.S. auto sales may be nearing a plateau, but that's not a sign of trouble ahead, Bob Carter, senior vice president for automotive operations at Toyota Motor Sales U.S.A., said Thursday.

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Dealers can't get enough of Chevy's great products

Chevrolet has added a stair-step program within its Standards for Excellence incentive program for 2016, giving dealers a shot at increased bonus money if they exceed sales targets for the Malibu, Silverado and Cruze.

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Lenders panel says worries overblown

A panel of economists and industry leaders told auto lenders gathered for an annual conference that the auto market and auto lending remain strong, with numerous indicators pointing to a solid 2016.

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Penske says punching problems can be solved

Punching cars creates headaches for dealerships and customers, Penske Automotive Group Chairman Roger Penske says. But it's a problem that can be solved, Penske told the Automotive News Retail Forum at the Encore Las Vegas Thursday.

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Hyundai's Zuchowski warns of 'digital mercenaries'

Dealers should disrupt their own businesses before they can be disrupted by 'digital mercenaries' such as Uber, Hyundai Motor America CEO Dave Zuchowski told an audience of dealers Thursday.

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U.S. regulators won't consider Takata finances in recall decisions

The chief U.S. auto-safety agency says it won't take Takata's financial viability into account when it decides whether to expand further the largest-ever auto-safety recall.

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UAW net assets fell 3.7 percent in 2015, filing shows

The UAW reported a 3.7 percent decline in net assets to $935.6 million by year-end 2015, according to the union's annual filing with the U.S. Department of Labor.

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Takata airbag replacements lag at some automakers

Automakers have repaired or replaced only one-quarter of the estimated 29 million defective Takata airbags in the U.S.

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Tesla fans line up, camp out to sign up for Model 3

Fans of luxury electric car maker Tesla camped out overnight and stood in lines to put down deposits on its new more affordable model, due to be unveiled at an event on Thursday evening.

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VW dealer suit hinges on make meeting, lawyer says

A prominent dealer attorney is prepared to file a lawsuit against VW on behalf of U.S. dealers who have sustained damage from the company's emissions violations.

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Amazon in talks for stake in mapping company Here, report says

Amazon is in talks with a consortium of German carmakers about taking a stake in high-definition digital mapping company Here, two auto industry sources familiar with the matter told Reuters.

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Jeep campaign asks fans to share their stories

Jeep's newest digital and social media campaign is all about the company's fans.

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TrueCar taps AutoTrader, Search Optics exec to lead dealer sales

TrueCar hired a veteran of AutoTrader and digital marketing provider Search Optics to lead dealer sales efforts as the car-shopping site looks to mend ties with dealerships.

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Ex-Navistar CEO Ustian faces SEC suit over emissions disclosures

The SEC sued former Navistar CEO Daniel Ustian, accusing him of defrauding the public about the company's ability to meet emission standards for truck engines.

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Auto-show tweets spur clicks, not just kicks (of tires)

With flashy displays and teams of social media producers, automakers are looking to amplify attention on their brands as U.S. auto sales roll toward what's expected to be another record year.

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Ford issues three recalls, including one that led to two fires

Ford said it will conduct three separate safety recalls including one of SUVs with a defective engine heater that led to two fires in Canada, in which no one was injured.

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Autoliv, in pursuit of driverless-car crash prevention, hunts for acquisitions

With an eye on a future with self-driving vehicles, Swedish airbag maker Autoliv Inc. wants to expand in technology aimed at avoiding collisions rather than just trying to limit their devastating effects.

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Fiat Chrysler shuns PSA but is talking with non-core auto players

Fiat Chrysler has no plans to link with PSA/Peugeot-Citroen because it would limit FCA's future opportunities, CEO Sergio Marchionne said. Instead FCA is talking with many players outside the car sector about possible collaboration.

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VW dealer class action hinges on make meeting, lawyer says

A prominent dealer attorney is prepared to file a class-action lawsuit against VW on behalf of U.S. dealers who have sustained damage from the company's emissions violations.

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GM wins second trial over ignition switch after jurors award no damages

General Motors won its second straight trial against drivers who blamed car wrecks on faulty ignition switches, boosting the company's outlook for resolving hundreds of similar cases on better terms.

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Social media firm launches tool to link dealers' systems with Facebook

Social media agency SocialDealer wants to help dealerships answer one of the auto marketing industry's biggest questions: Is my Facebook campaign selling cars?

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Google launches pair of mobile tools to connect car shoppers, dealers

Google has rolled out two mobile-search ad formats to help drive consumers to dealerships as more car-shopping activity occurs on mobile devices.

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Most U.S. car headlights are marginal or poor, insurance group says

Headlights on a third of U.S. midsize car models do a poor job, and only one, the Toyota Prius V, performed well enough with an optional upgrade to earn a good rating from the Insurance Institute for Highway Safety in results released today.

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