Renault boss Ghosn faces tight shareholder vote on payAuto News

Renault boss Carlos Ghosn faces a tense salary vote at the company's annual shareholder meeting when the French government is expected to oppose his $8.7 million 2017 payout.

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Nissan doubles down on emerging markets as U.S. sales slowAuto News

Nissan expects vehicle sales in some markets to beat industry growth, driven by countries such as Saudi Arabia -- crucial for the Japanese firm struggling with slowing sales in the United States.

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VW fined $1.2 billion by German prosecutors over diesel cheatingAuto News

Volkswagen has been fined 1 billion euros ($1.18 billion) by public prosecutors in Germany over diesel emissions cheating.

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VW to give up to $1,000 payments to polluting diesel owners in Vermont, ArizonaAuto News

Volkswagen AG is paying owners of polluting diesel-powered vehicles up to $1,000 in additional payments to settle state lawsuits in Vermont, the state's attorney general said on Wednesday.

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Tesla's Autopilot to get 'full self-driving features'Auto News

Tesla CEO Elon Musk says the EV maker's Autopilot driver assistance system will get full self-driving features after a software upgrade in August.

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Trump to name nominee to steer U.S. lending watchdog next weekAuto News

President Donald Trump has been reviewing a handful of potential nominees to lead the Bureau of Consumer Financial Protection and his final pick will be named next week, a top U.S. official said.

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Magna to partner with May Mobility on low-speed self-driving shuttleAuto News

Canadian auto parts supplier Magna International will partner with Michigan startup May Mobility on self-driving shuttles, the companies said on Wednesday.

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BMW global sales fall 2% in May on China tariffs, German diesel bansAuto News

BMW Group said its global vehicle sales fell 2 percent in May, weighed down by China tariffs and a steep drop in German registrations as cities such as Hamburg started banning older diesel vehicles from key streets.

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GM CFO Chuck Stevens to retire; successor namedAuto News

General Motors CFO Chuck Stevens is retiring and will be succeeded by Dhivya Suryadevara, a 39-year-old Harvard Business School graduate who has been a fast-rising star in the company's financial operations. Suryadevara will take over as CFO on Sept.

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GM CFO Chuck Stevens to retire; successor namedAuto News

General Motors CFO Chuck Stevens is retiring and will be succeeded by Dhivya Suradevara, a 39-year-old Harvard Business School graduate who has been a fast-rising star in the company's financial operations, GM said Wednesday.

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FCA, UAW co-conspirators in training center scandal, prosecutors sayAuto News

Federal prosecutors for the first time have labeled Fiat Chrysler Automobiles and the UAW co-conspirators in the corruption scandal surrounding the automaker and union's jointly run training center, according to a document obtained by The Detroit...

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Fiat, Jeep, Alfa Romeo will skip Paris auto showAuto News

FCA's Fiat, Alfa Romeo, Jeep and Abarth brands will not take part in this year's Paris auto show, according to French media reports. FCA joins automakers including Ford and VW brand in skipping one of Europe's top showcases for product debuts.

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Germany defends automakers as national interest in swipe at TrumpAuto News

Chancellor Angela Merkel's government vowed to stand up for the German auto industry, sending a veiled signal to U.S. President Donald Trump to back off threats to levy tariffs on imported cars and auto parts.

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Toyota dives into ride hailing as threats from GM, Waymo loomAuto News

Toyota is making the largest ever bet by an automaker on ride hailing as it embraces new businesses that threaten to disrupt the industry's traditional model of vehicle ownership.

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Autonomous driving will produce economic boom, dwarf job dislocation, report saysAuto News

Concerns about self-driving cars displacing workers are overblown and should be balanced against overwhelming potential advantages in the transportation segment, a new report says.

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Land Rover's Defender comes homeAuto News

Authenticity is crucially important for the next Defender. Building the iconic off-roader in its spiritual home will add appeal to JLR's most important vehicle launch yet.

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Tesla cutting 9% of workers as Musk seeks profitsAuto News

Tesla is cutting 9 percent of its work force in a turnabout that underscores the mounting pressure CEO Elon Musk faces to show the EV maker can one day turn a profit.

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