Automotive
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Most expensive new car ever: Bugatti sells for $19 million
The manufacturer unveiled it at the Geneva auto show this week
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Japan stunned by Ghosn’s release, critics hope for change
Japan’s relatively low crime rate means high-profile cases like former Nissan chairman’s are uncommon
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Statistics Canada says trade deficit hit record $4.6B in December
Also in December, exports of energy products fell, while imports of motor vehicles and parts were up
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Last car to roll off assembly line at Ohio GM plant
Wednesday marks the last day for production of Cruze compact cars – a move that will eliminate nearly 1,700 hourly positions
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After years of promise, battery cars about to go mainstream
Falling battery prices are bringing the day closer when electric cars become as cheap as gasoline and diesel models
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Electric Jaguar wins Car of the Year in Europe
The five other finalists were the Citroen C5 Aircross, Ford Focus, Kia Ceed, Mercedes-Benz A-class and Peugeot 508
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Volvo to set lower speed limit on its new cars
CEO Hakan Samuelsson says that “while a speed limitation is not a cure-all, it’s worth doing if we can even save one life”
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Elon Musk says next vehicle to be unveiled later this month
Exact specifications on the newest vehicle will be released at the unveiling
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Tesla’s online only sales approach comes with big risks
Tesla plans to go strictly to internet sales as it tries to cut overhead so it can sell a base Model 3 for $35,000 and still make money
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GM restructuring: Production ending at Ohio plant this week
The last American-made Chevrolet Cruze will come off the assembly line Wednesday
