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China’s Tencent Holdings Purchased 5 Percent Stake In Tesla

China’s Tencent Holdings Ltd has purchased a 5 percent stake in Tesla for $1.78 billion, marking the latest investment by a Chinese internet company in the potentially lucrative market of self-driving vehicles and related services.

March 29, 2017
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Mar
29
2017
Porsche Partners With Disney Institute To Improve Customer Experience

In an effort to improve Porsche’s in-person customer experience, the company is planning a new dealership training program in partnership with the Disney Institute.

March 29, 2017
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Mar
22
2017
Uber Details Early Steps To Change Company Culture

As part of its commitment to fix its corporate culture, the company plans to outline diversity goals and publish the results of a sexual harassment investigation over the coming weeks.

March 22, 2017
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Volkswagen Pleads Guilty In Diesel Emissions Scandal

Volkswagen has plead guilty to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the U.S. Justice Department in January over the automaker’s diesel emissions scandal.

March 10, 2017
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First Look At The 2017 Geneva Motor Show

The 2017 Geneva Motor Show is now underway, and many exciting vehicles have already been unveiled.

March 8, 2017
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Mar
7
2017
Honda Opens Its Doors To Innovative Technology Partners

Although Honda is well known for working independently, the Japanese automaker is now looking to forge new partnerships with technology innovators.

March 7, 2017
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BMW Will Not Be Offering Android Auto As An Option

Dieter May, BMW’s senior vice president of Digital Services and Business Models, said the German automaker will not be offering Android Auto as an option in its vehicles.

March 1, 2017
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College Student Makes Honda Civic Self-Driving

A college student from the University of Nebraska figured out how to transform his Honda Civic into a self-driving car for just $700.

March 1, 2017
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Inventory Building Up Across Dealer Lots In The U.S.

Inventory is building up across dealer lots in the United States, as automakers produce more cars than are being purchased, which is a sign that the record U.S. auto market is slowing down.

Feb. 28, 2017
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FTC Investigating Auto Lenders’ Use Of GPS Tracking

Auto loans to Americans with poor credit have been booming, and many finance companies, credit unions and auto dealers are using technologies to track the location of borrowers’ vehicles in case they need to repossess them.

Feb. 23, 2017
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2016 Investments In Car Tech Startups Exceeds $1 Billion

There’s no question that the car tech market is growing quickly. According to a report from CB Insights, more than $1 billion was invested in this space in 2016, which marks a 30 percent increase in deal activity over the previous year.

Feb. 23, 2017
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Feb
23
2017
Nissan CEO Carlos Ghosn Steps Down

Carlos Ghosn is leaving his CEO role at Nissan after leading the company for almost two decades, but he will remain chairman and is expected to continue to be actively involved in charting the Japanese auto company’s path.

Feb. 23, 2017
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