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Continental names new CEO of North American unit

German auto supplier Continental AG has promoted Aruna Anand to CEO of the company's automotive group sector in North America as it aims to adapt to a changing industry. Anand, 49, takes over for Robert Lee, who left the company in May to…

VW, Mercedes EV ambitions hit speed bump

After years of failed attempts to displace Tesla and with Chinese upstarts prepping their own moves, German carmakers have switched gears to win the EV race, moving away from making incremental changes to their combustion-engine cars that…

A few thankful thoughts about the auto industry

LOS ANGELES — Heading here for the auto show lets me know that it's almost time for Thanksgiving.And while there are plenty of concerning matters in the auto industry, in the economy, in the world at large — there's also a lot to be…

GM to invest $45M at Indiana casting plant

General Motors said it will invest $45 million at a parts plant in Indiana to expand production of drive unit castings for the forthcoming electric versions of the Chevrolet Silverado and GMC Sierra full-size pickups. The automaker said…

Nidec to build $715 million Mexican plant

TOKYO - Japanese electric motor maker Nidec Corp. is planning to invest about $715 million to build a plant in Mexico to make electric car motors, its chief executive said in an interview with the Nikkei newspaper published on Friday.…