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With production set for GM’s Detroit-Hamtramck plant, the GMC Hummer EV SUV likely won’t arrive until sometime in 2022 as a 2023 model. While GM isn’t saying much about the SUV’s technical details, the company did announce the Hummer EV truck will have 1,000 horsepower and hit 60 miles per hour in 3.0 seconds. Figure
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Mt. Baldy road is hardly more than an hour’s drive from downtown Los Angeles, yet it evokes European alpine passes—those that lead from metropolises to epic vistas and crisp mountain air. Breaking off from the freeway, it crosses a quiet suburb before opening into long sweepers weaving up the hillside. In the final climb, it
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The National Automobile Dealers Association elected Michael Alford as its next vice chairman, indicating he is likely to be the group’s chairman in 2022. Alford, 56, president of Marine Chevrolet-Cadillac in Jacksonville, N.C., was elected to the 2021 post during the association’s board meeting Tuesday — held virtually this year because of the coronavirus pandemic.
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Editor’s note: All currency figures in this story have been translated from Canadian dollars to U.S. dollars at current exchange rates. Fiat Chrysler Automobiles workers represented by Unifor ratified a new three-year contract that includes up to $1.1 billion in planned investments in Canada, the union said Monday. The union said 78 percent of FCA
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SEOUL — Hyundai Motor and affiliate Kia Motors said on Monday that their third-quarter earnings would reflect quality-related costs amounting to a combined 3.36 trillion won ($2.94 billion). The costs would include additional provision expenses related to the South Korean automakers’ “Theta” engines, the companies said in separate regulatory filings. Hyundai Motor said a cost
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TOKYO — In the criminal trial of former Nissan director Greg Kelly here, testimony has painted a picture of Nissan officials going to extremes to avoid public scrutiny of Carlos Ghosn’s handsome executive compensation. According to testimony in the government’s case against the former human resources executive, a group of top brass — including a
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TOKYO — Just as critics were wondering about the viability of General Motors’ fuel cell truck partnership with electric heavy-truck startup Nikola, two Asian competitors jumped headlong into the segment. This month, Hyundai and Toyota each unveiled plans to ramp up development and commercialization of hydrogen-fueled commercial vehicles to be launched from North America to
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During homecoming festivities at Prairie View A&M University in Texas and North Carolina Central University in Durham last fall, Ford Motor Co. invited football fans to check out a tailgate — and the rest of its F-150, too. Ford provided more than 500 F-150 test drives to fans at the two schools and at the
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Billionaire Robert F. Smith has been hailed as a brilliant investor who built Vista Equity Partners into a private equity powerhouse and a generous philanthropist lauded for paying off the student debt of Morehouse College’s entire graduating class last year. But federal prosecutors undercut that image on Thursday, saying Smith concealed income and evaded taxes
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A pilot out of Tampa, Fla., is bringing three automakers together in a unique collaboration to test connected vehicles. Honda R&D Americas, Hyundai America Technical Center Inc. and Toyota Motor North America will participate in a pilot program run by the Tampa Hillsborough Expressway Authority, the companies announced Thursday. The authority has worked with the
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Asbury Automotive Group said Wednesday it expects to report a rise in adjusted net income of more than 70 percent on a per-share basis for the third quarter. The increase comes in the wake of Asbury’s August purchase of Park Place Dealerships, the largest acquisition in company history. Asbury, the seventh-largest U.S. dealership group as
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A longtime Toyota executive who ran the automaker’s supply chain management organization will retire later this month, Toyota Motor North America announced. Randy Pflughaupt, 61, group vice president of supply chain management, will retire Oct. 26 after 38 years with Toyota. He will be succeeded by Keith Robertson, 51, vice president of demand and supply
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LMP Automotive Holdings Inc., an emerging public auto retailer and subscription provider, said it agreed to purchase a majority stake in New York’s largest dealership group in a transaction valued at $608 million. The deal, announced late Friday, would advance LMP’s aggressive acquisition goal to grow to as many as 50 franchised new-vehicle stores within
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When drivers start up the 2021 Chrysler Pacifica and Dodge Durango this fall, they’ll be introduced to the next-generation version of Fiat Chrysler Automobiles’ heralded Uconnect infotainment system. The latest iteration, Uconnect 5, runs on an Android-based operating system and has processing speeds five times faster than those of its predecessor. It enables two Bluetooth
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