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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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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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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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McLaren North America is making a change to its retail operations. The British exotic automaker said that as of Tuesday it had terminated its leasing business relationship with Ally Financial. “After more than four years of successfully growing this aspect of the business together, McLaren has elected to explore other opportunities in this area of
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DETROIT — General Motors’ diesel engines, once known to be clunky, loud and unreliable, are now helping draw new pickup buyers to GMC and are on the road to eventually making up one-fifth of light-duty Sierra sales, company officials say. Hitting a 20 percent take rate for the Sierra’s 3.0-liter Duramax turbodiesel, vs.10 percent today,
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TOKYO — Nissan’s e-Power hybrid system is finally getting an international run that foreshadows the automaker’s plan to introduce the technology globally. Nissan is deploying the electrified powertrain in a version of the Kicks subcompact crossover that it will sell in Thailand and Japan. Nissan hasn’t confirmed U.S. launch plans for e-Power or said whether
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DETROIT — General Motors on Friday asked a U.S. appeals court to allow it to continue pursuing its civil racketeering suit against rival Fiat Chrysler Automobiles, rejecting a lower court judge’s belittling of the complaint. The automaker’s filing with the Sixth U.S. Circuit Court of Appeals comes less than a week after U.S. District Court
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DETROIT — Ford Motor Co. is striving to maintain its full-size pickup dominance by redesigning the F-150 to incorporate — and improve upon — some of the most popular features that rivals have added in unsuccessful bids to dethrone it. The 14th-generation pickup, unveiled virtually Thursday evening, is expected to offer best-in-class towing, payload, torque
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