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Since taking the wheel of Kia Motors Corp. in April, CEO Ho Sung Song has been positioning the South Korean automaker for a new era of industry upheaval. Under Kia’s five-year business plan unveiled this year, Song, 58, wants to make the company a global leader in electric vehicles, branch into so-called purpose-built vehicles and
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Volkswagen’s first battery-electric crossover, the ID4, will bring with it a whole new powertrain for the brand in North America. But it’s likely to be the compact crossover’s interior that wins over buying customers — or sends them running back toward something more familiar. Inside, the ID4 is unlike any previous Volkswagen. Staff Reporter Larry
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Marelli (united Calsonic Kansei and Magneti Marelli), the 7th largest global independent automotive components supplier by total revenues, announced a production facility for electric vehicle drivetrains in Cologne, Germany. The production will start in the first half of 2021 in a new 18,000 m2 facility, which will employ around 160 employees initially and 60 more
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The seeds of Faith Mba’s entrepreneurial spirit were planted while growing up in Nigeria, but they sprouted thousands of miles away in Vermont. Mba’s journey to owning a Toyota-Ford dealership in New England spanned three continents, beginning at a flea market in Nigeria where he hawked women’s clothing with his mother. He worked for a
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Bentley CEO Adrian Hallmark discussed the automaker’s closer cooperation with sibling Volkswagen Group brands Audi and Porsche and the UK automaker’s preparations for a no-deal Brexit in an interview with Automobilwoche, a German-language sister publication of Automotive News Europe. Bentley had a good 2019 and you were confident about this year. How has it been
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The latest of Porsche’s own experience centers will be located near Tokyo, the German manufacturer of performance machines said last week. Situated in the Japanese capital’s Chiba Prefecture, the Porsche Experience Center Tokyo will be the ninth worldwide. It will feature its own circuit, a dynamic driving area, and an off-road course, where Porsche owners
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The 2021 Nissan Versa is a new car, and not much more–and that’s not damning it with faint praise. Few cars offer its safety and infotainment features at its price, and of those that do, it’s among the best. What kind of car is the 2021 Nissan Versa? What does it compare to? It’s a
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When the Ford Mustang Mach-E arrives at dealerships next month, salespeople may not have to deal too much with customers’ range-anxiety concerns. The all-wheel-drive base model’s driving range between charges — 211 miles — is good for about a week’s worth of commuting. According to the Bureau of Transportation Statistics’ latest data, the average American
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The merger between Fiat Chrysler Automobiles and PSA Group to create the world’s fourth-largest automaker by volume has taken more than two years to negotiate, according to documents filed with regulatory authorities this month. The deal was discussed over a series of international meetings, in Geneva, Paris, Frankfurt, Detroit, Turin and elsewhere. Major players included:
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Even before the pandemic struck, Gautam Narang says, the self-driving truck company he co-founded three years ago had gained momentum with customers. But since COVID-19 arrived, stretched supply chains and accelerated growth of delivery trends with consumers, Narang, CEO of Gatik, says interest in autonomous goods-hauling has mushroomed. The pandemic “changed everything,” he said. “We
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FRANKFURT — Volkswagen is accelerating plans to launch a full-electric small car that will be positioned below its ID3 compact hatchback. The entry-level EV will replace the Up minicar and potentially the Polo, company sources told Automotive News Europe. The car will be based on VW’s MEB platform like the ID3. It will start at
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