Carvana's Q4 net loss widens to $47.2 millionAuto News

Carvana's fourth-quarter net loss widened, while strong sales and revenue growth failed to match the retailer's prior guidance to Wall Street, which was not amused.

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Senators call for another Takata airbag recall hearingAuto News

Senators plan to convene a previously undisclosed hearing to focus on the status of Takata airbag inflator recalls, the largest and most complex recall process in auto history that some lawmakers say is too slow.

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Tax Threat Has PSA Questioning U.S. Plans (3/7/18)

Tax threat has PSA questioning U.S. plans; Nissan seeking France’s Renault stake?; Jag I-Pace,...
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Musk's $2.6 billion award supported by major Tesla shareholdersAuto News

Two of Tesla's largest shareholders are supporting an unprecedented plan to award Elon Musk a compensation package valued at $2.6 billion.

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GM to step up Bolt production in drive for EV futureAuto News

General Motors will increase production of the Chevrolet Bolt later this year to meet rising global demand for the battery-electric vehicle

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Steel supplier plans to give employees $1,000 bonusAuto News

In the wake of President Donald Trump's plans to impose stiff tariffs on imported steel and aluminum, U.S. steel supplier Zekelman Industries has vowed to grant an annual bonus to its employees.

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Balance of auto loans linked to synthetic fraud soarsAuto News

The outstanding balance on auto loans linked to suspected synthetic identity fraud more than tripled from 2012 to 2017, according to TransUnion.

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Average rate on new-car loans at 8-year high Auto News

Last month, the average interest rate on a new-vehicle loan reached its highest level since the third quarter of 2009, as federal rate increases made last year trickled down to vehicle finance, Edmunds said.

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Daimler, Volvo executives skeptical over Geely alliance planAuto News

Executives at Daimler and Volvo question the viability and industrial logic of a plan by their major shareholder, China's Geely, to form an auto industry alliance to counter "tech invaders."

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Nissan in talks to buy France's Renault stake in merger prelude, report saysAuto News

Renault and alliance partner Nissan are discussing plans for a closer tie-up in which the Japanese carmaker would acquire the bulk of the French state's 15 percent Renault holding, Reuters reported.

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9:58 am ET 3/7/18 -- correctionAuto News

Volkswagen remains bullish on U.S. auto shows, including the one in Detroit.

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As Cohn leaves White House, a win for hard-line tariff supportersAuto News

Gary Cohn's departure from the White House is a victory for the protectionists who have sought to push President Donald Trump to fully embrace their views.

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GM unveils expanded Chevy Silverado medium-duty truck lineupAuto News

General Motors' new Chevrolet Silverado medium-duty pickup will compete in more segments than initially expected, a strategy coinciding with the automaker's plan to expand and improve its commercial dealership network.

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GKN said to be near deal with Dana over auto unit tie-upAuto News

GKN is in advanced talks over a merger of its automotive unit with Dana, a deal that would complicate Melrose's hostile bid for the company, five sources familiar with the matter told Reuters.

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Trump's tariff threat could impact PSA's U.S. returnAuto News

President Donald Trump's threat to impose tariffs on European cars exported to the United States has worried PSA Group, which doesn't (yet) sell vehicles in North America.

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