Huwebes, Oktubre 31, 2019

White House shifts course on weakening emissions rules

The Trump administration is planning to require automakers to modestly bolster fuel economy and pare tailpipe emissions after 2020, reversing an earlier proposal to freeze rules through 2026. White House officials have tentatively agreed to the change, Bloomberg reported, citing a person familiar with the matter.



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Pelosi: House close to approving trade deal with Mexico, Canada

Democrats say they are working closely with the U.S. Trade Representative's office to get their concerns, such as the enforcement of labor and environmental standards, addressed



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Ford, UAW won't close training center; 12th person charged in corruption scandal

The UAW's jointly operated training center with Ford would stay open under the tentative agreement reached Wednesday, sources told , but it would be restructured to avoid the misuse of funds that occurred at the GM and FCA centers.



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Kia Motors America elevates Cole to president

The U.S. unit's COO and executive vice president will assume his new role Nov. 11. He will continue to report to Sean Yoon, CEO of Kia Motors North America.



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BorgWarner: No Q3 impact from GM strike

BorgWarner posted slightly higher third-quarter revenue, driven by new programs and a strong product mix in Europe and China. Net income fell 5.2 percent to $194 million from $204 million.


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GM recalls 638,000 SUVs, trucks for unintended braking

The recall covers 2015-2020 Chevrolet Suburban, Tahoe, and Yukon and 2014-2018 Chevrolet Silverado 1500 and GMC Sierra 1500 vehicles equipped with a 5.3-liter engine, a 3.08-ratio rear axle and four-wheel drive.



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Tenneco, citing GM strike, cuts 2019 outlook

Tenneco's third-quarter profits and revenue rose sharply on higher commercial truck, off-highway and industrial sales, improved cash generation and cost savings. But the ride control and emissions systems supplier cut its 2019 outlook as a result of the UAW strike at GM.



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PSA could help FCA modernize its vehicle platforms

PSA has had recent experience in consolidating platforms, stemming from its acquisition of Opel from GM .



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FCA posts record earnings, margin in North America

The automaker also achieved record global adjusted earnings of $2.2 billion in the third quarter, but one-time charges resulted in a $200 million net loss.



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Fiat Chrysler to join forces with PSA to create fourth-largest automaker

Fiat Chrysler and PSA said on Thursday they would join forces through a 50-50 share swap to create the world's fourth-largest automaker.



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Fiat Chrysler to join forces with PSA to create fourth-largest carmaker

Fiat Chrysler and PSA said on Thursday they would join forces through a 50-50 share swap to create the world's fourth-largest automaker.



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Miyerkules, Oktubre 30, 2019

Ghosn denies report of improper use of Nissan money

A spokesman for Carlos Ghosn said the former Nissan boss did nothing wrong in making the payments and donations that were investigated by Japan's tax regulator.



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Ford, UAW reach tentative pact with $6 billion in investment

The proposed agreement would create or retain more than 8,500 jobs, the union said.



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Ford, UAW reach tentative agreement with $6 billion in investment

The proposed deal would create or retain more than 8,500 jobs, the union said.



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New board will scrutinize Uber's self-driving development

Changes continue in the wake of a deadly crash. Uber has assembled a board of six outsiders to review its self-driving developments.


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Dana Q3 net income rises, full-year outlook dips

The supplier said third-quarter sales were up 9 percent to $2.16 billion because of recent acquisitions and a focus on cost discipline.


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Magna wins largest transmission tech contract in company history

The Canadian supplier will build dual-clutch and hybrid transmissions for BMW Group under a multi-year contract.



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Aptiv Q3 net income up; 2019 outlook cut after GM strike

The technology supplier said the UAW's 40-day strike against General Motors impacted revenue by $70 million in the third quarter and that it anticipates the full-year impact on sales to be about $250 million.


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Maureen LaFontaine, co-founder of metro Detroit dealership group, dies at 73

Maureen LaFontaine, who launched the LaFontaine Automotive Group with her husband, Michael, in 1980, was hospitalized Friday and died unexpectedly on Monday, the auto dealership group said on Wednesday.



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GM names EV exec Parks to lead purchasing, product development

The longtime General Motors engineer will take over purchasing duties from Steve Kiefer and product development responsibility from President Mark Reuss. The move is one of several executive changes announced Wednesday.



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GM names EV exec Doug Parks as new head of purchasing, product development

The longtime General Motors engineer will take over purchasing duties from Steve Kiefer and product development responsibility from President Mark Reuss.



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Hyundai picks Nissan's Claudia Marquez as CEO in Mexico

Hyundai Motor Mexico has named Claudia Marquez its new CEO, making her the latest Nissan executive to join Jose Munoz's leadership team.


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Magna wins largest transmission technologies contract in company history

The Canadian supplier will build dual-clutch and hybrid transmissions for BMW Group under a multi-year contract.



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Tavares could be a strength – and a weakness – of an FCA-PSA merger

Carlos Tavares has the strength needed to make a merged FCA and PSA succeed, but such an accomplishment risks making him a target within his own organization.
 



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Ford's Sync 4 launch includes over-the-air updates, bigger screens

Wireless software updates could eliminate some of the trips customers now take to a dealership to have their vehicle's computers reflashed or updated as part of a recall.



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