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Tesla Developing Self-Driving Tech For Semi-Truck
After announcing intentions a year ago to produce a heavy-duty electric truck, Musk tweeted in April that the semi-truck would be revealed in September, and repeated that commitment at the company's annual shareholder meeting in June.
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Mazda Announces More Efficient Petrol Engine
The new compression ignition engine is 20 per cent to 30 per cent more fuel efficient than Mazda's current engines.
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Tesla Seeks To Raise $1.5 Billion To Fund Model 3 Production
Elon Musk-led Tesla is counting on the Model 3, its least pricey car, to become a profitable, mass market electric car maker.
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European Union Says No Plans For Electric Cars Quotas
The Commission is looking into ways to promote use of low carbon energy and transport, but none of them includes quotas for electric cars
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Toyota Takes Stake In Mazda, Links Up For $1.6 Billion U.S. Plant
Toyota and Mazda will be collaborating to put up a $ 1.6 billion plant in USA. The idea will be work together on electric vehicles.
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Tesla Lowers Price Of Model X, Saying Margins Improved
Tesla has reduced the prices of Model X and has said that its margins have improved, thereby leading to the reduction of prices.
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Volkswagen Brand CEO Says Tesla Has Abilities VW Lacks
Volkswagen CEO Herbert Diess has said that his company lacks abilities that Tesla has. He firmly believes that Tesla is the future competition for the Volkswagen Group.
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Tesla's Musk Hands Over First Model 3 Electric Cars To Early Buyers
Elon Musk has delivered the first 30 units of the its latest car, the Model 3 to customers at an event in Fremont, California in USA. This is the first mass market model from Tesla and it is priced at $ 35,000.
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Daimler Considers Legal Split In Strategic Overhaul
Daimler may split parts of its business into separate legal entities in an overhaul, its Chief Executive Dieter Zetsche said, although the car and truck maker ruled out major divestments for now. Separating Daimler's divisions could unlock value, with trucks and buses on their own worth 31 billion euros ($36 billion), analysts at Evercore ISI said in a note.
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UK To Ban Sale Of Petrol And Diesel Cars By 2040
Britain's government will announce on Wednesday that it will ban the sale of petrol- and diesel-fuelled cars from 2040 when all vehicles must be fully electric as part of a plan to clean up air pollution.
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BMW To Build Electric MINI At UK Plant; Production To Commence In 2019
BMW has chosen its plant in Oxford, England as the location to produce an electric Mini from 2019. The electric MINI's electric drivetrain will be built at the BMW Group's e-mobility center at Plants Dingolfing and Landshut in Bavaria before being integrated into the car at the Oxford plant.
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BMW Rejects Emission Manipulation Report
Rejecting German magazine Der Spiegel reports that BMW's emissions treatment systems in its vehicles do not work effectively, the Bavarian car claims its models are in line with the applicable legal requirements.
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EU Antitrust Regulators Are Probing Possible German Car Cartel
t VW, BMW, Audi, Porsche may have colluded to fix the prices of diesel emissions treatment systems using industry committees, probing a possible cartel amidst German carmakers.
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BMW Favours UK Plant To Build Electric Mini - Sources
BMW is favouring its Oxford factory in England to begin manufacturing the electric Mini Cooper, despite England voting in favour of departure from the European Union.
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Benetton Family Seeks To Make Ducati Motorbikes Italian: Sources
Among the bidders to buy out Ducati are Royal Enfield and Bajaj Auto, as well as the parent company of Indian Motorcycle, Polaris Industries.
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Harley-Davidson May Have To Pay $3 Million Emissions Penalty
Last year, Harley-Davidson agreed to pay a $12 million civil fine and stop selling illegal after-market devices that cause its vehicles to emit too much pollution as part of a federal court consent decree
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Tesla Driver From Minnesota Crash Is Not Blaming The Autopilot System
On Sunday the driver of a 2016 Tesla model had said that when he engaged the Autopilot system it caused the vehicle to suddenly accelerate and then roll over. In the email released by Tesla Inc. on Monday, the Minnesota driver said that he believed he had disengaged the Autopilot system at the time of the crash. Tesla shares fell in trading on Monday after the crash was reported.
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UK Government Reassured Toyota Over Brexit- Sources
The British government has helped Toyota to secure a 240-million pound investment at its England plant and assured the company of post-Brexit arrangements.
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Mercedes Cars To Face More Emissions Tests In Germany
The Transport Ministry summoned officials from Daimler, which owns the Mercedes-Benz brand, to a meeting on Thursday to explain why some vehicles showed high levels of emissions under certain driving conditions.
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Fiat Chrysler Automobiles Recalls 1.33 Million Vehicles Worldwide
Fiat Chrysler Automobiles is recalling 1.33 million vehicles worldwide in two separate campaigns for potential fire risks and inadvertent airbag deployments. About 770,000 sport utility vehicles because of a wiring issue that may lead to inadvertent deployment of the driver-side airbag.
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