The toll at Riley Chevrolet: 750 vehicles damaged, a wrecked showroom, a destroyed service department.
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VW's $50 billion strategy to put large numbers of battery-electric vehicles on the world's roads will result in some casualties in North America.
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Nissan is considering pulling the plug on its contentious incentive program as early as this summer. A shift would mark a sea change for the brand.
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Hakan Samuelsson, CEO of Volvo Cars, is flanked by Automotive News Europe Publisher Jason Stein, left, and Group Publisher KC Crain at the Automotive News Europe Congress in Volvo's hometown of Gothenburg, Sweden.
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Maven's exit from eight markets is the latest example of the balancing act automakers face between investing in emerging but unproven business models and reinvesting in their primary function of manufacturing and selling vehicles.
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Executives are adamant that being deliberative about cutting 10 percent of its global white-collar work force was necessary to yield meaningful benefits.
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FCA's vast Mirafiori plant in Turin, Italy, Fiat's former hometown, illustrates a major reason why no combination deal has happened before, and the challenges for a tie-up that could face Italian political and labor opposition to any factory closures.
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Detroit Mayor Mike Duggan hinted the city was in talks with at least four logistics and supplier teams to expand in Detroit, promising an additional 1,000 to 2,000 jobs on top of the 4,950 promised by FCA.
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Talks between Fiat Chrysler and Renault have accelerated in recent days as negotiators found a way to structure a deal, people familiar with the discussions told Bloomberg. Renault’s board is scheduled to meet early Monday.
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Investors are losing confidence as U.S. subsidies wane for its pricey electric vehicles and more rivals begin to flood the market.
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