Automakers to meet with U.S. transportation, EPA chiefsAuto News

Major automakers are set to meet with the head of the U.S. Transportation Department and Environmental Protection Agency as the agencies begin a review of federal fuel efficiency rules.

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Takata stock trading suspended after reported bankruptcy filing planAuto News

Takata stock trading was suspended in Japan after a newspaper report that the embattled auto supplier was considering filing for bankruptcy protection.

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Detroit auto show to open mobility showcase to public Auto News

The North American International Auto Show plans to expand its mobility and technology showcase, Automobili-D, to the public next year with a focus on talent recruitment.

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Detroit auto show to open mobility showcase to the public next yearAuto News

The North American International Auto Show plans to expand its mobility and technology showcase, Automobili-D, to the public next year with a focus on talent recruitment.

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European ride service Gett buys U.S. rival Juno for $200 millionAuto News

European ride service Gett has bought U.S. rival Juno for $200 million in a deal that further consolidated the ride-hailing industry and that some said short-changed Juno drivers.

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White House unveils opening bid for 'biggest tax cut'Auto News

The White House made its opening bid for what officials called the 'biggest tax cut' in U.S. history -- with cuts that would benefit businesses, the middle class and certain high-earning individuals.

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SUVs Power FCA's Q1 Profits (4/26/17)

SUVs power FCA’s Q1 profits; Penske earnings rise, Sonic posts loss; U.S. missile-defense...
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U.S. auto sales forecast to slip in April as retail demand slumpsAuto News

It's becoming increasingly clear that U.S. new-vehicle sales have passed their peak, with April expected to mark the industry's fourth consecutive monthly decline.

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Superior Industries Q1 net income falls 79%Auto News

Superior Industries posted a 79 percent plunge in first-quarter net income to $3.1 million, saying it experienced higher costs and lower unit sales in the quarter.

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VW's charging station plan for Calif. faces objections from competitorsAuto News

Major automakers and other groups are raising objections to the way VW wants to spend $2 billion on electric vehicle infrastructure and projects, as part of VW's atonement for emissions cheating.

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Sonic swings to Q1 loss on refinancing costs, weak sales Auto News

Sonic swung to a first-quarter loss of $541,000 from a year-earlier net profit of $14.6 million as the dealership group took a hit from refinancing its debt. Weak retail sales didn't help.

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Sonic Q1 net swings to loss on refinancing costs, weak salesAuto News

Sonic swung to a first-quarter loss of $541,000 from a year-earlier net profit of $14.6 million as the dealership group took a hit from refinancing its debt. Weak retail sales didn't help.

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Lear posts 23% boost in Q1 net incomeAuto News

Seating and electronics supplier Lear reported a 23 percent leap in 2017 first-quarter net income and stronger profit margins.

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Trump tax plan likely won't include border-adjusted taxAuto News

The Trump administration will propose a corporate tax rate reduction to 15 percent, but the White House likely won't support the controversial border-adjusted tax to replace lost revenue.

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Penske Automotive's Q1 net rises 3.5% on acquisitions, U.K.Auto News

Penske Automotive's first-quarter net income rose 3.5 percent from a year earlier, as acquisitions and strong sales at its U.K. dealerships pushed revenue to a record for the quarter.

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Canadian supplier Linamar at center of Trump-NAFTA clashAuto News

Going global has paid off handsomely for Linamar. Enter Donald Trump. The U.S. president's election is the latest in a string of populist, anti-globalization events. Linamar CEO Linda Hasenfratz is undaunted.

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Oil powerhouse Total predicts a boom in EV salesAuto News

Electric cars are coming fast -- and that's not just the opinion of carmakers anymore. Total, one of the world's biggest oil producers, is now saying EVs may constitute almost a third of new-car sales by the end of the next decade.

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GM investors will 'vote with their wallets,' says Greenlight CapitalAuto News

Greenlight Capital, which has been pressuring General Motors to restructure its share class, said it believed the automaker's shareholders will vote in their best financial interests and support the hedge fund's two-class stock proposal and nominees...

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Automakers ask California to ease rules for self-driving car testsAuto News

Automakers urged California to further ease its proposed regulations for autonomous vehicles, saying the state did not respond to their earlier objections by making enough revisions to its planned set of rules for self-driving cars.

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Tesla dinged by Consumer Reports for not implementing safety featureAuto News

Tesla vehicles have dropped in Consumer Reports' ratings because the automaker failed to implement a safety feature that was expected to come standard.

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