Takata could pay up to $1 billion to settle U.S. criminal probe, report saysAuto News

Takata is nearing a criminal settlement with the U.S. Department of Justice and is expected to pay up to $1 billion to resolve allegations of wrongdoing related to its faulty airbag inflators, The Wall Street Journal reported today.

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Honda CR-V is Edmunds' most-researched vehicle in 2016Auto News

For the second year in a row, the Honda CR-V was the most-researched vehicle on Edmunds.com in the U.S., followed by two Honda car models in second and third place.

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VW buys mobile-payment provider PayByPhone for parking servicesAuto News

Volkswagen AG bought North American parking-payment operator PayByPhone in the latest move by Europe's biggest carmaker to expand from manufacturing into mobility services.

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Why Beijing won't punish U.S. automakers for Trump's sinsAuto News

Will Beijing vent its anger on U.S. companies whenever President-elect Donald Trump annoys it? Such fears are not totally groundless, but there are three reasons why U.S. automakers aren't likely to be singled out.

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