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Compromise Tax Bill Keeps Electric Car Credits

House and Senate negotiators have managed to keep tax credits for electric vehicles plugged in to their compromise tax bill. The up to $7,500 tax credit was not part of the House's original tax proposal, but was in the Senate's version of the bill.  During the last week the two legislative bodies have been working in conference to merge their…

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Genesis Aiming for 85 to 90 Stores

Hyundai's Genesis luxury brand is aiming to have only 85 to 90 standalone dealerships. That target figure is significantly less than the the number of stores today, but the new luxury brand feels it is imperative to change distribution for Genesis to be profitable.  The situation has created a bit of tension between Hyundai dealerships and the Hyundai mothership. Right…

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Ford Electric Crossover Production Moving to Mexico

Ford Motor Company has confirmed plans to move production of its upcoming battery-electric crossover from Michigan to Mexico. The move is designed to give the company additional space at its Flat Rock Assembly plant in Michigan for the development of autonomous vehicles.  News of the venue change was first reported by Automotive News via an internal Ford memo. Ford has since confirmed…

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Proposed California Bill Could Ban Fossil Fuel Vehicles by 2040

California is considering joining the ranks of several European countries and China in ultimately banning internal combustion vehicles. The proposed bill would ban such vehicles from the state by 2040.  While the idea has been tossed around by several California lawmakers, this particular bill has been proposed by Assemblymember Phil Ting, who represents the San Fransisco area. Ting says he plans…

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FCA Discussing Possible Partnership With Hyundai

Fiat Chrysler Automobiles is currently in talks with Hyundai regarding possible partnerships. Seemingly always seeking a partner, FCA says the talks are strictly regarding technical partnerships, not a merger or acquisition.  FCA CEO Sergio Marchionne has been seeking a partner for the automaker since about 2015, when he publicly courted General Motors for a possible merger. After failing to win…

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PSA Seeking Refund From GM Over Opel Acquisition

French automaker PSA Group is reportedly seeking a refund from General Motors against its acquisition the Opel and Vauxhall brands earlier this year. The request comes as PSA says it was misled regarding Opel's position relating to meeting strict CO2 emissions regulations now and into the future.  The story, broken by Reuters, alleges that PSA is going to seek 600-800 million…

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Hyundai Kona Production Halted Ahead of U.S. Debut

Employees at Hyundai have walked off the job this week, halting production of the company's Kona crossover the same week it plans to debut it in the U.S. The move comes amid tense negotiations between the labor union representing workers of the Kona's South Korean assembly plant and Hyundai management.  According to a report from Reuters workers and management are at an…

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2017 Los Angeles Auto Show Preview

The annual domestic auto show season is nigh upon us. Next week the season will roll out in Los Angeles, where several world debuts are expected, along with some familiar new models. 2019 Aston Martin Vantage The stunning new Vantage has already been revealed, but its formal release will take place in LA. Like the DB11, the new Vantage is…

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GM to Announce Vision for Autonomous Vehicles

General Motors executives, including CEO Mary Barra, are slated to roll out their vision of autonomous vehicles later this week. The company will be hosting investors in San Fransisco later this week to provide more details on its autonomous strategy.  The move is likely an attempt to drum up additional interest in GM from the investor community, who has recently…

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