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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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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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Huawei Technologies, a major global supplier of communications equipment and smart phones, admonished managers this week who are pressing the company to build connected vehicles rather than only supply technology.  The warning was included in a notice, signed off by Huawei’s founder and CEO, Ren Zhengfei, and posted in a section of the company’s website
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WASHINGTON — Tesla Inc. is issuing two recalls covering about 9,500 vehicles for roof trim that may separate and bolts that may not have been properly tightened. The larger recall covers 9,136 Model X cars from the 2016 model year, the National Highway Traffic Safety Administration said on Wednesday. NHTSA said the front and spine
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Volkswagen Group’s future direction is clear to its CEO, Herbert Diess: The solution is electric mobility. With its program for full-electric cars in all the main market segments, VW aims to comply with increasingly tougher global CO2 emissions regulations and also make a contribution to a greener planet. Diess, 62, talked about this, changes in
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Workers at Tesla Inc.’s California vehicle factory are deemed essential and are not impacted by the state’s latest restrictions to curb a new surge in coronavirus infections, the California health department said on Friday. Tesla and local California officials in March engaged in a heated months-long standoff over restrictions imposed to curb the first wave
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LOS ANGELES — The Honda Civic has been a staple of American motoring for nearly 50 years — but more than that, it has been a cornerstone of Honda Motor Co.’s popularity with U.S. consumers. Now, despite an onslaught of small crossovers intent on digging into the compact car’s coveted sales base of mostly young,
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Automakers are sending a slew of critical new and redesigned models into dealer showrooms right now, despite worries around the country about a worsening outlook for the coronavirus pandemic and the possibility of new business restrictions. The timing couldn’t be worse for these fourth-quarter product launches. But on the other hand … the timing couldn’t
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Editor’s note: Ford plans to launch its new online used-vehicle platform in early 2021. A previous version of this story included an incorrect timeframe. DETROIT — Ford Motor Co. will launch a new online used-vehicle platform and brand early next year called Ford Blue Advantage in a bid to give its dealers a larger slice
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Mercedes-Benz is ratcheting up the competition on the small battlefield that is ultraluxe sedans. The 2021 Mercedes-Maybach S-Class will roll into U.S. stores in the middle of next year. Pricing has not been disclosed. The Maybach S 580 4MATIC Sedan is powered by a 4.0-liter V-8 biturbo with 496 hp. The engine is equipped with
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SEOUL — Hyundai Motor Co. is being sued over a string of battery fires in its electric vehicles just as General Motors recalls nearly 70,000 EVs with batteries from the same maker, LG Chem Ltd. The owner of a Hyundai Kona EV, a South Korean civil servant who asked to be identified only by his
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Because of new demands for connectivity, flexibility and reliability brought on by the pandemic, investment and interest in 5G technology will continue to increase post-COVID, according to a study released Tuesday by IHS Markit in partnership with Qualcomm and Omdia. This will be especially important for the auto industry as more vehicles become connected. It
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NEW YORK –  Tesla Inc. is set to join the S&P 500 in December, a major win for CEO Elon Musk and his shareholders, triggering a massive $51 billion trade as index funds are forced to buy the EV producer’s shares. Shares of Tesla surged 12 percent on Monday in extended trade after S&P Dow
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Volkswagen Group will build a flagship electric car for Audi, Porsche, Bentley in Germany, the Handelsblatt business paper reported. The car, codenamed “Landjet,” will roll off a new production line at VW Group’s factory in Hanover, Germany, the paper said in a report published on Saturday. The three-row, seven-seat vehicle is being developed by Audi
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TOKYO — Jeep boss Christian Meunier says his mission is to further globalize the iconic off-road company and transform its image into that of the “greenest SUV brand” in the world. The strategy will involve leveraging synergies with PSA Group and promoting Jeep’s upcoming range of electrified vehicles, partly through a new marketing campaign. Speaking
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TOKYO — Lawyers defending former Nissan director Greg Kelly, the American accused of conspiring to conceal Carlos Ghosn’s big paychecks from the public, took their first crack at cross-examining a key state witness last week and argued that prosecutors had violated Japan-U.S. extradition laws by setting a trap to arrest the Tennessee executive on Japanese
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