Harman acquires Bang and Olufsen Automotive

Harman Industrial Industries, a supplier of infotainment, audio and software services, said today it has completed the $156 million acquisition of Bang and Olufsen Automotive, a supplier of audio products to luxury automakers.

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Tesla's Texas push runs out of juice

Elon Musk has been shut out of the Lone Star state again.

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American Axle may land tenants for Detroit site

American Axle and Manufacturing is in talks with prospective manufacturing tenants to be located at its former manufacturing grounds near the company's Detroit headquarters.

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2 car salesmen rescue trucker from fiery crash in Minn.

Two car salesmen from neighboring dealerships in suburban Minneapolis teamed up Wednesday afternoon to save a life.

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Ford F-150 output pinched by frame shortage, workers say

Production of the redesigned, aluminum-bodied Ford F-150 has been slowed by a shortage of frames from a supplier's plant in Kentucky, according to workers and a UAW official.

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Daimler chases Tesla in solar-powered batteries

Daimler is chasing Tesla Motors in a push to sell batteries for storing energy generated in daylight hours from rooftop solar panels to homeowners and businesses.

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Takata's U.S. deal will lead to faster airbag fixes, Foxx says

The legal order signed by troubled supplier Takata with federal regulators last week will speed the investigation to determine the reason airbags are exploding and injuring motorists, Transportation Secretary Anthony Foxx said.

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