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  • A federal judge in San Francisco has granted preliminary approval to a $15 billion settlement over Volkswagen's emissions cheating scandal. The terms call for the German carmaker to spend up to $10 billion buying back or repairing about 475,000 Volkswagens and Audi vehicles with 2- liter diesel engines and paying their owners an additional $5,100 to...

  • July 26- FCA US LLC, the U.S. arm of Fiat Chrysler Automobiles, said it would change the way it reports monthly U.S. vehicle sales, following questions about the current method.

  • WASHINGTON, July 26- Volkswagen AG plans to offer a new proposal to fix 85,000 polluting 3.0 liter vehicles after regulators rejected an earlier plan, a Justice Department lawyer said Tuesday. Earlier this month, the California Air Resources Board rejected, as insufficient, a plan to fix the vehicles, VW and Audi luxury cars from model years 2009-2016. At a court...

  • BENGALURU/ DETROIT, July 26- A widening rift between electric vehicle maker Tesla Motors Inc and Mobileye NV sent shares of the Israeli maker of driving-assistance chips and software plunging on Tuesday and fanned debate on self-driving vehicle technology. Mobileye shares, which have been wildly popular with institutional and tech investors, were down 9...

  • July 26- Fiat Chrysler Automobiles NV said on Tuesday it would invest $1.48 billion in its Sterling Heights plant in Michigan to retool it to build next-generation Ram pickup trucks. Plans for the company's Warren Truck Assembly plant in Michigan, which currently builds the Ram 1500, will be announced later, FCA said. FCA said in July it would invest more than $1...

  • DETROIT— Fiat Chrysler says it will sink $1.5 billion into a suburban Detroit factory as it retools plants to make more trucks and SUVs and stops producing small and midsize cars. With the investment announced Tuesday, the company will equip the Sterling Heights, Michigan, Assembly Plant so it can make Ram pickup trucks. CEO Sergio Marchionne has said the company...

  • BENGALURU/ DETROIT, July 26- A widening rift between electric vehicle maker Tesla Motors Inc and Mobileye NV sent shares of the Israeli maker of driving-assistance chips and software plunging on Tuesday and fanned debate on self-driving vehicle technology. Mobileye shares, which have been wildly popular with institutional and tech investors, were down 10.7...

  • WASHINGTON, July 26- Volkswagen AG plans to offer a new proposal to fix 85,000 polluting 3.0 liter vehicles after regulators rejected an earlier plan, a Justice Department lawyer said Tuesday. Earlier this month, the California Air Resources Board said the plan to fix the VW and Audi luxury vehicles, which range from model years 2009-2016, was insufficient.

  • STUTTGART, Germany, July 26- Porsche will boost the number of jobs for its first all-electric model by more than half from previous targets as part of parent Volkswagen's push to overcome its emissions scandal by embracing zero-emission cars and digital services. The sports-car brand is spending about 1 billion euros on the zero-emission model.

  • BENGALURU/ DETROIT, July 26- A widening rift between electric vehicle maker Tesla Motors Inc and Mobileye NV sent shares of the Israeli maker of driving-assistance chips and software plunging on Tuesday. Mobileye shares, which have been wildly popular with institutional and tech investors, were down 12.6 percent to $43.09 at mid-morning, after the company...

  • —$12,500 to $44, 000: Range of values for the affected Volkswagen diesels before the scandal became public on Sept. 18, 2015. Owners who sell their cars back to VW would get the clean trade-in value as determined by the National Automobile Dealers Association depending on the model, age, mileage and options on their car. —$5,100 to $10, 000: Amount of additional...

  • SEOUL, South Korea— Hyundai Motor Co. has reported a tenth straight quarterly profit decline due to weak demand for passenger sedans and higher marketing expenses for its luxury brand, despite improved China sales. Hyundai also spent more on marketing to promote its luxury brand Genesis ahead of new vehicle launches in the U.S. Passenger sedans have been...

  • SAN FRANCISCO— A $15 billion settlement over Volkswagen's emissions cheating scandal cleared a key hurdle Tuesday, with a federal judge giving preliminary approval to a deal that includes an option for owners to have the carmaker buy back their vehicles. Attorneys for Volkswagen owners sought approval from U.S. District Court Judge Charles Breyer, who is...

  • Tesla Motors' mass-market Model 3 electric cars are seen in this handout picture from Tesla Motors on March 31, 2016.

    Ever since Tesla announced plans to build a battery plant in Nevada, investors have started paying attention to the silver state's lithium deposits.

  • MONTREAL— Canada's transport minister says the rail car model involved in a fiery crash that killed 47 people in Quebec three years ago will no longer be allowed to transport oil in Canada as of Nov. 1. Marc Garneau said Monday that older tankers, called DOT-111 cars, and a version jacketed with an extra layer of metal to make it stronger will be taken out of service by...

  • DIY self-driving car?

    Sebastian Thrun, founder of Udacity and Stanford professor, discusses nanotechnology degrees for making self-driving cars.

  • Customers look at a Jeep vehicle for sale on the sales lot of a Chrysler Jeep Dodge dealership in Miami.

    A review conducted by Fiat Chrysler from mid-2015 found U.S. sales figures were inflated by 5,000 to 6,000 vehicles, the Automotive News reported.

  • DETROIT, July 25- An internal review begun at Fiat Chrysler Automobiles in 2015 found its U.S. sales figures were inflated, partly due to pressure to keep a year-over-year monthly sales streak alive, the Automotive News reported on Monday, citing two sources at the automaker. The inflating of the sales figures was ended by Reid Bigland, head of Fiat Chrysler's U.S....

  • BRUSSELS/ BERLIN, July 25- Europe's Commissioner for Justice is working with EU consumer groups to pressure Volkswagen to compensate clients in Europe as it has in the United States over the diesel emissions scandal. The German carmaker has pledged up to $15.3 billion to compensate 475,000 owners of VW diesel-powered cars, but has so far rejected such calls for...

  • SALT LAKE CITY— Car dealers in Utah are pushing back against Tesla's court effort to sell its sleek electronic cars in the state. Tesla is asking the Utah Supreme Court to reverse a state decision blocking it from selling new cars at its $3 million showroom in Salt Lake City. They contend allowing Tesla to sell directly to customers would stifle competition,...