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V2X tech hindered by regulatory uncertainty, Alliance says

WASHINGTON — Regulatory uncertainty is delaying the widespread deployment in the U.S. of a technology that could improve road safety and provide environmental and efficiency benefits, according to the Alliance for Automotive Innovation. In a webinar Tuesday, John Bozzella, CEO of the alliance, said the private sector is “heavily investing” in vehicle-to-everything — or V2X […]

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Volkswagen latest automaker to partner with battery recycler Redwood

Volkswagen Group of America said Tuesday it will partner with battery recycling company Redwood Materials Inc. Redwood, which was started by Tesla Inc. co-founder JB Straubel, already has partnered with Toyota, Ford, Volvo and Tesla to recycle batteries used by electric vehicles. Redwood also has partnerships with Panasonic and Amazon. VW said in a statement

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Musk mocks Twitter legal threat after scrapping $44 billion deal; Twitter hits back

Elon Musk on Monday mocked Twitter Inc.’s threat to sue him following his move to abandon the $44 billion takeover deal, tweeting the social media firm would need to disclose more information on bots and spam accounts. The series of tweets on Monday was the Tesla Inc. CEO’s first public response since he made public

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VW software chief envisions pay-as-you-go autonomy

Volkswagen Group’s software unit Cariad believes one of the ways the automaker can monetize future software developments is by offering customers pay-as-you-go autonomous driving technology. “There is a new business model already out there — a subscription model, or function-on-demand — where you can drive autonomously if you want, for the next 50 miles. We

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How Acura uses pop culture to reach younger, diverse U.S. consumers

ATLANTA — Acura, striving to return to 200,000 annual U.S. sales, is counting on a new crop of younger and racially and culturally diverse customers to help it meet that goal. To reach those potential buyers, Honda’s premium brand has turned to pop culture platforms such as music and anime. The strategy coincides with the

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West Coast port labor talks could further squeeze autos

North America’s auto industry is already weary from two years of supply chain troubles and pipeline interruptions on parts and vehicles. But things could now get a bit worse. The labor contract between the Pacific Maritime Association and the International Longshore and Warehouse Union expired July 1, and that could squeeze inbound inventories even tighter.

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Jaguar Land Rover dealership boosts sales during facility upgrade with competition

When Jaguar-Land Rover Norwood in Massachusetts was undergoing a facility upgrade for the British luxury automaker’s sleeker, more modern Arch concept, the store’s nearly 20 salespeople and managers were crammed into two trailers at the bottom of a hill. Given the disruption during the store’s face-lift — which took place from December 2019 through June

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Musk says he is terminating $44 billion Twitter deal; litigation likely

Tesla Inc.  CEO Elon Musk said on Friday he was terminating his $44 billion deal for Twitter Inc., citing a material breach of multiple provisions of the agreement. The announcement likely brings to an end a will-he-won’t-he saga after the world’s richest person clinched a deal for Twitter in April but then put the buyout

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Automakers, suppliers, retailers grapple with Wall Street’s bearish first half

U.S. stock markets closed June 30 to the worst first half of the year since 1970, with the S&P 500 falling 21 percent as rising inflation and high interest rates plagued the U.S. economy. All the major segments of the U.S. auto industry suffered their share of Wall Street’s distress. From the ongoing semiconductor shortage

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