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Stellantis unit sentenced in U.S. diesel emissions probe, must pay $300M

WASHINGTON — Stellantis’ U.S. unit, the former Fiat Chrysler Automobiles, was sentenced Monday after pleading guilty in June to criminal conspiracy and will pay nearly $300 million to resolve a multi-year U.S. Justice Department diesel-emissions fraud probe. FCA US LLC, formerly Chrysler Group LLC, previously struck a plea agreement with the Justice Department and agreed […]

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GM to penalize consumers who resell certain high-demand vehicles within 12 months

DETROIT — General Motors is asking dealers to help prevent customers from quickly flipping high-demand vehicles and adding exorbitant markups. The automaker is barring customers who resell certain high-demand vehicles within 12 months from placing future reservations and orders. GM also is limiting the transfer of certain warranties. Steve Carlisle, president of GM North America,

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GM, Ford, Stellantis see profits despite challenges

The uncertainty of the global microchip shortage continued to eat away at many automakers’ profits in the second quarter, though some companies managed sizable increases in production and earnings. Most automakers that reported earnings last week said they expect better chip supplies in the second half of the year and remained profitable despite stubbornly low

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Rivian takes on the challenge for EV startups — service centers

SAN FRANCISCO — Rivian’s retro-futuristic R1T pickup remains scarce on the streets of the Bay Area, but some locals have discovered a cluster of the highly acclaimed electric truck by the San Francisco airport. There, in a commercial area near an Amazon warehouse, Rivian’s South San Francisco Service Center is chock-full of R1Ts coming in

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Reynolds and Reynolds acquisition bolsters IT offerings

Retail technology giant Reynolds and Reynolds Co. on Friday acquired Proton Dealership IT, which offers dealerships cybersecurity and information technology products and services. Reynolds, a Dayton, Ohio-based dealership management system provider, did not disclose a transaction price. Leaders of the two companies said they began speaking about a potential acquisition in March. Reynolds’ deal to

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Quality problems, recurring recalls continue to haunt Ford

DETROIT — Ford Motor Co. is once again struggling with quality problems that are leading to recalls and driving up warranty costs. And that has top executives renewing a vow to fix the problem. “These issues simply shouldn’t happen,” Kumar Galhotra, head of Ford Blue, the company’s traditional business in internal combustion engine vehicles, said

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UAW president’s state of union speech dropped from convention agenda

DETROIT — In a break from tradition, UAW President Ray Curry will not deliver a state of the union speech at the organization’s 38th constitutional convention, which is set to adjourn Thursday afternoon here. Curry’s speech, which was originally planned at the end of the convention’s first day, had already been delayed three times. “By

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