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TOKYO — Nissan’s next electric vehicle, the long-awaited Ariya crossover, is a technological powerhouse with performance chops and a 379-mile range that the Japanese carmaker hopes will rekindle its reputation as a leader in battery-powered vehicles. In showing the production version of its Tesla fighter in an unveiling online Wednesday, Nissan Motor Co. promises an
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After more than two years of protest from California dealers, Volvo Cars USA will replace a controversial subscription program in its biggest market. The Swedish automaker plans to introduce an updated — and more dealer-friendly — version of the Care by Volvo program in California. But still unclear is whether the changes in the newer
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Tulsa, Okla., is an oil-industry town with a 75-foot statue called “The Golden Driller.” Austin, Texas, is a progressive city in a conservative state with a thriving software industry and a “Keep Austin Weird” counterculture image. These two very different towns have one thing in common: They are both on the short list to land
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U.S. luxury auto sales stirred to consciousness last month after having been KO’d by the coronavirus pandemic early this spring. While results for the April-June quarter look grim, with the segment tumbling 31 percent from a year ago, June heralded a brisk bounce back from the global economic crisis. The segment sustained only a 5.5
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TOKYO — Toyota Motor Corp. will deploy its most advanced automated driving system to date in a freshened Lexus LS sedan later this year, pitching the setup as a lidar-based Level 2 system that can automatically change lanes and pass other vehicles in highway driving. The rollout furthers Toyota’s bid to catch competitors, especially in
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Data sets that auto lenders typically use to determine who is creditworthy have been upended by the fallout of the coronavirus, consumer credit experts say. As a result, lenders concerned with loan losses and fraud have clamped down on access for customers they believe pose more risk to their business. Subprime customers, with credit scores
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DETROIT — Ford Motor Co. late Thursday acknowledged the Mexican state of Chihuahua’s 50 percent cap on employees in manufacturing facilities, spurred by the ongoing coronavirus pandemic, is unsustainable and could eventually disrupt U.S. light-vehicle production. The U.S. ambassador to Mexico said Ford could shutter American plants as soon as next week if restrictions there
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Lithia Motors Inc. reported Tuesday that vehicle sales increased in June compared with a year ago. The Medford, Ore., dealership group, the third-largest U.S. new-vehicle retailer, also said it acquired Smolich Chrysler-Jeep-Dodge and Smolich Nissan in Bend, Ore. The move is estimated to generate $100 million in “steady state annualized revenues,” the company said in
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Uber Technologies Inc. agreed to buy Postmates Inc. for $2.65 billion to expand in food delivery after the coronavirus pandemic cratered demand for ride-hailing, its main business, and an earlier attempt to acquire Grubhub foundered. The all-stock deal is a modest outcome for Postmates, once a pioneer of the gig economy that was outmaneuvered by
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Full-size pickups became the U.S. auto industry’s largest segment in the second quarter as the coronavirus pandemic slashed new-vehicle sales by roughly one-third. Big pickups outsold compact crossovers, which had been No. 1 every quarter since sedans fell out of favor with consumers in recent years. Including the midsize segment that Jeep and Ford have
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China has changed the global auto industry over the past couple of decades. But China itself has changed, too. During the previous recession — the Great one — while the U.S. was stumbling and shepherding two automakers through a bankruptcy reorganization, China was growing like mad. It became the largest market in the world —
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TOKYO — Nissan CEO Makoto Uchida tried selling the automaker’s new revival plan to skeptical shareholders last week amid an angry showdown over everything from his management style and corporate vision to board member pay and the company’s plunging share price. Some attendees at the June 29 annual shareholders meeting even harked back wistfully to
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Britain’s Ineos Group, one of the world’s largest chemical companies you’ve likely never heard of, is preparing to enter the auto industry with a new-from-the-wheels-up utilitarian SUV. It’s a boxy, rugged-looking, midsize four-by-four whose size and shape makes it a near doppelganger for the classic Land Rover Defender 110 wagon that ended production in 2016.
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Dodge is killing two nameplates that account for nearly half of its U.S. sales in the coming months to complete its transformation from a collection of pleasant people haulers into an army of asphalt-eating muscle machines. A limited-run Hellcat version of the Durango and an 807-hp Challenger are on the way as the brand loses
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Recovering from the economic effects of the coronavirus pandemic just got a little harder for some automakers. Ford Motor Co., Honda North America Inc. and Volkswagen Group of America all vowed last month to drop paid Facebook advertisements for about 30 days, voluntarily giving up a key piece of their digital ad strategies as they
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LOS ANGELES — Hyundai Motor America COO Brian Smith is leaving the automaker just short of three years on the job. Smith’s exit is effective July 6. “The position of Hyundai Motor America COO will not be replaced at this time as the company continues to prioritize and consolidate its regional management structure around the
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