How Neveda hedged its bet on FaradayAuto News

It's quite a gamble to try to turn a drab patch of Nevada desert into a factory capable of churning out 150,000 electric vehicles a year. But state officials are confident that they've sufficiently hedged their bets with EV startup Faraday Future.

from Automotive News Breaking News Feed http://ift.tt/1TXb1iV
Source Auto News

Too many used cars? Lease themAuto News

To cope with an industrywide flood of 3.1 million off-lease vehicles returning to the market this year, some captives and other lenders are offering leases on used and certified pre-owned vehicles.

from Automotive News Breaking News Feed http://ift.tt/1XAFtON
Source Auto News

XIO Group acquires J.D. Power for $1.1 billion in cashAuto News

XIO Group, a London-based buyout firm with major ties to Chinese investors, is acquiring J.D. Power and Associates, a unit of McGraw Hill Financial Inc., for $1.1 billion in cash.

from Automotive News Breaking News Feed http://ift.tt/1VvAPUT
Source Auto News

EPA drops proposal feared to ban street-to-race car conversionsAuto News

The EPA said it will drop controversial language from a proposed heavy- and medium-duty truck rule that had sparked fears of a new agency ban on street-to-race car conversions and recent scrutiny from Republican lawmakers.

from Automotive News Breaking News Feed http://ift.tt/1VvqisL
Source Auto News

EPA drops proposed rule that could ban street-to-race car conversionsAuto News

The EPA said it will drop controversial language from a proposed heavy- and medium-duty truck rule that had sparked fears of a new agency ban on street-to-race car conversions and recent scrutiny from Republican lawmakers.

from Automotive News Breaking News Feed http://ift.tt/1W4ERBW
Source Auto News

Legal fight erupts after GM deal (4/15/16)

Legal fight erupts after GM deal with startup; Marchionne’s view on Tesla Model 3; VW Europe...
from TumblrCynthia Lin

Woebcken takes the reins of VW of AmericaAuto News

The Volkswagen brand's recently appointed North America chief, Hinrich Woebcken, has been named CEO of the VW Group of America.

from Automotive News Breaking News Feed http://ift.tt/1Nt9bzv
Source Auto News

Daimler says German labor rules may push new tech jobs abroadAuto News

German labor rules may force Daimler, the 130-year-old inventor of the motor car, to create more software and technology jobs abroad as it strives to develop a new generation of driverless vehicles, a senior official told Reuters.

from Automotive News Breaking News Feed http://ift.tt/1SfjWtC
Source Auto News

GM recalls 1.04 million pickup trucks worldwide to repair seat beltsAuto News

General Motors said today it is recalling nearly 1.04 million newer pickup trucks for a seat belt flaw. The largest U.S.

from Automotive News Breaking News Feed http://ift.tt/1qZafXA
Source Auto News

Toyota, Nissan idle two assembly plants in wake of earthquakeAuto News

Toyota and Nissan have suspended production at two plants that export Lexus and crossover vehicles to the United States after a strong earthquake in southwest Japan damaged two factories at a key supplier.

from Automotive News Breaking News Feed http://ift.tt/1SfjWtA
Source Auto News