NAFTA local origin rules could hurt U.S. auto sales, exports, study findsAuto News

American proposals on rules of origin that govern what percentage of a light vehicle needs to be built in the NAFTA region to avoid tariffs would hurt American consumers, lead to lower vehicle sales and hurt American car exports, according to a new...

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Musk's 'no new capital' promise faces scrutiny when Tesla reports resultsAuto News

Investors are accustomed to the promises of Elon Musk, but his assertion that Tesla will not need more funds this year has many scratching their heads. How can Musk deliver without fresh cash?

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GM to fight $1 billion stock demand for ignition-switch pactAuto News

GM could be forced to give up more than $1 billion in new stock if a judge approves a deal between a trust handling its old bankruptcy claims and customers who sued over faulty ignition switches.

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Sergio Talks Ram, Rollouts and Whacking 'Crap' Out of GM, Ford (4/26/18)

Sergio on: Ramp-up woes, sleeping at the factory … and whacking ‘the crap’ out...
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BorgWarner Q1 income surges 19 percent on currency gain, acquisitionAuto News

BorgWarner Inc. said its net income grew 19 percent to $225.1 million, as the auto supplier's profits were fueled by a $200 million foreign-currency gain.

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Ally says Q1 net income rises 17%Auto News

Ally's first-quarter net income rose, driven by an uptick in net financing revenue and declines in loan loss provisions and income tax expenses. Auto originations also increased as used-vehicle loan volume reached a record high.

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Toyota invests $170 million in Miss. plant for next CorollaAuto News

DALLAS -- Toyota Motor Corp. is investing $170 million at its Blue Springs, Miss., assembly plant to build the 12th-generation Corolla sedan, creating 400 jobs.

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Pruitt defends decision to ease fuel economy standardsAuto News

The EPA's proposal to reset fuel economy standards for model year 2022-25 vehicles will be heavily motivated by consumer demand, administrator Scott Pruitt told a House panel Thursday.

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Group 1 Q1 net rises on U.S. sales growthAuto News

Group 1 Automotive's first-quarter net income rose 5.5 percent on improving business conditions in the U.S. oil patch, along with the recent U.S. tax cut.

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CDK's net jumps 24 percent on strong DMS growth Auto News

CDK Global's net jumped 24 percent to $96.1 million for the quarter ended March 31, on strong earnings from North American and international subscription services.

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Visteon Q1 net income rises 3.2 percent on China gainsAuto News

Visteon said its first-quarter net income rose 3.2 percent to $65 million, as strong gains and product launches in China offset a dip in North American sales.

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For Bosch diesel claim, technical details to come Auto News

Has Bosch really cracked the code and figured out how to take harmful diesel emissions off the table by simply tweaking the turbocharger and by closely controlling the temperature of the air entering the engine?

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Sonic's loss widens despite record Q1 revenueAuto News

Sonic Automotive's revenue rose to a first-quarter record on gains in FandI and new- and used-vehicle sales, but the retailer's net loss widened from a year earlier.

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Sonic's loss widens despite record Q1 revenueAuto News

Sonic Automotive's revenue rose to a first-quarter record on gains in FandI and new- and used-vehicle sales, but the retailer's net loss widened from a year earlier.

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Why Ford is killing most of its cars -- and why that's the right moveAuto News

Where will new Ford customers turn for an entry-level offering when the automaker's North American dealerships no longer carry a single sedan? We're about to find out.

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Why Ford is killing most of its cars -- and why that's the right moveAuto News

Last month on the NADA Show floor in Las Vegas, dealers expressed their satisfaction with some of the product decisions CEO Jim Hackett was making at Ford.

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GM, South Korea to invest $4.35 billion in troubled unitAuto News

General Motors and South Korea agreed to inject $4.35 billion into the company's unprofitable local arm to keep it afloat after it came close to seeking bankruptcy protection.

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Magna wins lidar contract with BMW GroupAuto News

Magna says the contract with the BMW Group 'is one of the first in the auto industry to include solid-state lidar for serial production.' The Canadian supplier developed the lidar with Innoviz.

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Magna wins lidar contract with BMWAuto News

Magna, and its partner, Innoviz Technologies, will supply BMW with solid-state lidar for the automaker's upcoming autonomous vehicle platforms.

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Lear raises outlook on rising seating, electronics salesAuto News

Lear raised its outlook for sales and earnings for the year after reporting record first-quarter results. It was the first earnings report for the supplier under new CEO Ray Scott

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Fiat Chrysler Q1 adjusted earnings rise 5% to $1.96 billionAuto News

Fiat Chrysler said its first-quarter adjusted earnings rose 5 percent to 1.61 billion euros ($1.96 billion) as the automaker cut debt by $1.6 billion. Earnings before interest and tax in the NAFTA markets fell 2 percent.

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AutoNation's Jackson, Magna's Stronach named to Automotive Hall of FameAuto News

AutoNation's Mike Jackson, Toyota's Kiichiro Toyoda, Magna's Frank Stronach and Car Talk's Ray and Tom Magliozzi will be inducted into the Automotive Hall of Fame.

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GM's operating profit sinks 27% on lower pickup production; net falls 60%Auto News

General Motors' net income and operating profit significantly fell in the first quarter due to planned downtime in its full-size pickup production, a restructuring in Korea and other costs.

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China may cut light-vehicle import duty by nearly half, report saysAuto News

China is mulling proposals to cut import duties on passenger cars by about half, Bloomberg reported, citing people with direct knowledge of the matter, a move that's set to give a lift to luxury brands such as BMW and Lexus.

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Tesla's Autopilot chief steps down after two yearsAuto News

Tesla's Autopilot chief, Jim Keller, has left the company, the latest in a rash of executive departures at the electric-car maker, which is in a fierce war for the engineering talent.

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Hyundai's Q1profit halves on bleak U.S., China salesAuto News

Hyundai's first-quarter net profit halved as bleak U.S. and China sales, a strong South Korean currency and labor union strikes dragged on the automaker's earnings.

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China may cut light-duty vehicle import duty in nearly half, report saysAuto News

China is considering proposals to cut import duty on passenger cars by about half, Bloomberg reported, people with direct knowledge of the matter, a move that's set to give a lift particularly to luxury-car makers such as BMW and Lexus.

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