Bain Capital completes buyout of TI Automotive

TI Automotive said its sale to private equity firm Bain Capital LLC has been completed. Terms of the sale were not disclosed in a statement today.

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Toyota Mirai rated at U.S. range of 312 miles

Toyota says its high-stakes hydrogen car will have a U.S. rating of 312 miles between refueling stops, farther than the Tesla Model S.

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Germany's Getrag getting interest from Magna, Dana, China, report says

Getrag, one of the biggest independent makers of transmissions, has attracted interest from automotive suppliers including Canada's Magna International Inc., people with knowledge of the matter told Bloomberg.

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Newer Audi, BMW, Subaru models use lots of oil, Consumer Reports survey finds

Newer models from Audi, BMW and Subaru are burning a lot of oil between routine oil changes, according to a consumer survey from Consumer Reports.

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Dura owner Tilton loses bid to halt SEC proceedings

Lynn Tilton, the owner of auto supplier Dura Automotive and the so-called Diva of Distressed, lost a bid to halt a U.S.

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Car-sharing plan cuts owner costs

Ford Motor Co. is entering the car-sharing market with a program that will cut Ford Credit customers' vehicle costs by enabling them to rent out their cars. The pilot program, Peer-2-Peer Car Sharing, invites 26,000 select Ford Motor Credit Co.

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Bosch positions for electrification growth

German supplier Robert Bosch and Japanese battery partner GS Yuasa are 'on a good path' toward developing a lithium ion battery that costs half as much as today's batteries but has twice the energy density, a top Bosch executive said.

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No seat unturned in flood-damage search

Since torrential downpours hit Houston in late May, Bob Sluss has been extra vigilant about leaving no stone - or seat - unturned when appraising used vehicles.

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GM directors don't have to face ignition-switch claims

General Motors directors don't have to face investors' allegations that lax supervision allowed the company to make cars with faulty ignition systems blamed for at least 119 deaths.

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Mexican supplier Nemak to launch $750 million IPO

Nemak SAB's expected $750 million initial public stock offering today marks the first stock offering of a Mexican auto supplier since at least 2000.

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Toyota's new shares are popular in Japan

Japanese retail investors are flooding stock brokers with orders for a new class of Toyota shares, indicating the carmaker can fetch a good price for the issue and secure a new group of long-term investors.

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GM directors don't have to face ignition switch claims

General Motors directors don't have to face investors' allegations that lax supervision allowed the company to make cars with faulty ignition systems blamed for more than 100 people their lives.

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Hyundai ad agency swaps CEOs; top marketer leaves

Hyundai's ad agency, Innocean, has executed a changing of the guard that sources described as an attempt to strengthen ties with Hyundai.

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Suzuki patriarch appoints son as president and likely successor

Osamu Suzuki, the outspoken patriarch of Suzuki Motor, positioned his son Toshihiro as his successor, appointing him president of the family's namesake carmaker. Osamu will keep his positions as chairman and CEO.

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Lexus is living in the future

A 37-second tease of a long-dreamed-about technology: the hoverboard.

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Hyundai's ad agency swaps CEOs; top marketer leaves

Hyundai's ad agency, Innocean, has executed a changing of the guard that sources described as an attempt to strengthen ties with Hyundai.

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Two Las Vegas dealerships settle deceptive advertising charges

Two car dealerships have agreed to settle Federal Trade Commission charges that they used deceptive advertising.

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Philip Benton, former Ford president, dies at 86

Philip Benton Jr., former president of Ford, died at his home in Massachusetts on June 14. He was 86.

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Bill Ford to receive award from Steven Spielberg

Ford Executive Chairman Bill Ford will receive the Ambassador for Humanity Award from the USC Shoah Foundation at the organization's gala on Sept. 10. Hollywood legend Steven Spielberg will present Ford with the award.

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Camo-free Cadillac XT5 crossover spied in Manhattan

Cadillac's new XT5 -- the replacement for the SRX midsize crossover -- will get a bolder front end but keep many of the same proportions of its predecessor, based on recent spy photographs.

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GM ignition-switch death claims rise to 119

General Motors' defective ignition switches are now linked to 119 deaths, two more than a week ago, the office of attorney Kenneth Feinberg said.

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Toyota uses geography-targeted Snapchat ads

Toyota is driving "Let's Go Places" to some new digital venues that are decidedly local.

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Hyundai snags NFL sponsorship, replacing GM

Hyundai and the NFL jointly announced a four-year sponsorship deal today as the Korean automaker continued its push into sports marketing.

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BMW, Toyota agree to platform on shared sports car

BMW AG and Toyota Motor Corp. are moving ahead on a project to jointly develop a midsize sports car with an agreement on common underpinnings of major components for the model.

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FCA recalls small number of SUVs over suspension complaint

Fiat Chrysler Automobiles is recalling a small number of new SUVs that may have been equipped with improperly heat-treated suspension components.

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