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Jaguar Land Rover quarterly profit up on China, cost reductions
Jaguar Land Rover’s pretax profit rose to 439 million pounds ($603 million) in its latest quarter, up 121 million pounds…
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U.S. to press Taiwan, industry leaders to resolve auto chip crunch
Biden administration officials have called an ad-hoc meeting next week with Taiwan government and industry officials, during which they’re expected…
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Hyundai wrestles with the risks of embracing Apple, report says
SEOUL/SAN FRANCISCO — Executives at Hyundai Motor Group are divided over a potential tie-up with Apple, with some raising concerns…
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Toyota’s Woven Planet wields $800 million to invest in new tech
TOKYO — Woven Planet, Toyota Motor Corp.’s high-tech spinoff, has established a $800 million investment fund to cherry pick up-and-coming…
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Aston Martin adds former Ford execs to board
LONDON — Aston Martin has strengthened its board with the addition of ex-Ford Motor Co. global product chief Richard Parry-Jones…
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Ford cuts 2 shifts for 1 week at Chicago plant due to chip shortage
DETROIT — Ford Motor Co. will idle two shifts at its Chicago Assembly Plant next week due to the ongoing…
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Ford cuts 2 shifts for 1 week at Chicago plant because of chip shortage
DETROIT — Ford Motor Co. will idle two shifts at its Chicago Assembly Plant next week because of the ongoing microchip…
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Detroit auto show organizers eye Sept. ’22 event
DETROIT — The head of the North American International Auto Show is eyeing September 2022 for resurrecting a Detroit auto…
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Daimler 2020 operating profit beats guidance, forecasts
Daimler said Thursday that a strong fourth quarter helped it post better-than-expected 2020 group operating profit and that it was…
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Matthews Auto Group buys 5 N.Y. dealerships from Fuccillo
Matthews Auto Group has purchased five New York dealerships from the Fuccillo Automotive Group, gaining its first Hyundai location and…
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