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Audi Recalls Targets Faulty Airbag Sensor
6/28/2019Audi AG is recalling 138,900 cars in the U.S. to fix a faulty electrical connection that could switch off the passenger-side airbag system.
Brembo Plans “Significant” Acquisition
6/28/2019Brembo SpA’s outgoing CEO Matteo Tiraboschi says the Italian brake system supplier is shopping for a large acquisition that aligns with its existing business.
Toyota to Spend $2 Billion on Electrification in Indonesia
6/28/2019Toyota Motor Corp. will invest 28.3 trillion rupiah ($2 billion) over the next four years to electrify its fleet in Indonesia, according to the country’s ministry for maritime affairs.
GM Shuffles Product Development Execs
6/27/2019General Motors Co. has made several changes to the company’s product development leadership team, Automotive News reports.
PSA Says Brexit Will Determine Future for U.K. Plant
6/27/2019PSA Group says its decision about making the next-generation Opel/Vauxhall Astra in England will depend on favorable tariff terms when the U.K. exits the European Union.
Detroit Auto Show Reveals Huge Expansion for 2020
6/27/2019The Detroit auto show’s move from January to June next year will nearly double the event’s footprint with 1 million sq ft of new outdoor space along the Detroit riverfront.
U.S. Car Fleet Continues to Age
6/27/2019The average age of light vehicles in operation in the U.S. rose 1% last year to an all-time high of 11.8 years at the start of 2019, IHS Market reports.
Ford Will Cut 12,000 Jobs in Europe by 2020
6/27/2019Ford Motor Co. says it will reduce its European workforce by 20%, eliminating 12,000 jobs in the region by the end of next year.
Wabco Shareholders Approve Sale to ZF
6/27/2019More than two-thirds of Wabco Holdings Inc. shareholders voted to approve the company’s acquisition by ZF Friedrichshafen AG.
VW Launches EV Car-Sharing Service in Germany
6/27/2019Volkswagen AG has launched its “WeShare” car-sharing program in Berlin with a fleet of 1,500 all-electric Golf small cars. Some 500 e-up! electric city cars will be added later this year.