Mercedes to end Smart sales in U.S., Canada

Mercedes-Benz blamed a "declining micro-car market" in the U.S. and Canada, combined with high homologation costs.

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April showers on retail auto demand

Volume likely will rise thanks to a favorable calendar -- April has an extra selling day -- but the light-vehicle SAAR probably dropped year over year, analysts say, with weaker retail demand offset by higher fleet deliveries.

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Toyota to produce Lexus NX at Canada plant

Toyota plans to overhaul its Canadian plant to begin manufacturing an additional Lexus crossover model, Prime Minister Justin Trudeau said.

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Toyota to produce Lexus NX at Canada plant, report says

Toyota will produce the Lexus NX and the hybrid version of the NX at the Cambridge plant in Ontario, a government source told Reuters.

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GM goes virtual with 2019 annual meeting

GM will host its 2019 annual shareholders meeting on June 4 via a live video webcast. Shareholders will not be allowed to attend the meeting in person.

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Veoneer to raise cash as driverless car progress slows

Sweden's Veoneer will seek up to $500 million in new capital to help the supplier cope with a downturn in the vehicle market, delays in introducing self-driving technology and costs associated with new product development.

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Nissan, Japan reject merger overture from Renault chief, report says

Nissan and the government of Japan have spurned efforts by Renault, Nissan’s French partner, to engage in merger talks, the Financial Times reported.

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