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FCA US reaches settlements on diesel emissions at estimated cost of $800M

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FCA US will conduct an emissions recall to update emission control software in an estimated 100,000 model-year 2014-2016 Ram 1500 pickups and Jeep Grand Cherokee SUVs equipped with 3.0-liter The software reflash does not affect average fuel economy, drivability, durability or refinement of the vehicles.

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Study concludes California economic growth and employment will rise with the degree and scope of transport fuel efficiency standards

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The macro results for four scenarios showed that economic growth and employment rise with the degree and scope of transport fuel efficiency standards. In all case, the study found, direct and induced fuel savings translated into significant emissions reductions and new demand for more job-intensive goods and services. Click to enlarge.

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ARTBA says new 54.5 mpg fuel efficiency standard would result in $65+ billion in lost revenue for highway and transit projects

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By law, these excises are the primary revenue source for financing road, bridge and transit projects. The less motor fuel used by drivers, the less revenue generated for improvements financed through the HTF. mpg by 2016). mpg by 2016). Summary of the analysis. Click to enlarge.

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Chrysler Group files S-1 for IPO; snapshot of R&D priorities; exploring a light-duty hydraulic hybrid

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However, the document not only provides a detailed look at the finances of the company, it also provides a quick recap of recent technology developments and some insight into the company’s immediate research priorities. Chrysler is also seeking to reduce electrical loads through application of higher efficiency fans and fuel pumps.

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Ford invests $182.2 million in cloud-based software development company Pivotal

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The investment was part of Pivotal’s $253-million Series C financing round; the round was led by new investor Ford, in conjunction with Microsoft and all previous investors GE, EMC and VMware. The deal is expected to close in May 2016, subject to customary conditions, including receipt of required regulatory approval.

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Ford outlines strategic plan to investors; connected, smart vehicles and services, EVs and financial fitness

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in 2016), the company said it is expanding its scope to include vehicles and services—all designed around human-centered experiences. Rapidly improving fitness to lower costs, release capital and finance growth. Ford reaffirmed its 2017 full-year financial guidance and said its 2018 outlook will be provided in January.

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Toyota introduces second-generation Mirai fuel cell electric vehicle as design and technology flagship

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For 2021, Toyota has fully rebooted the Mirai, originally offered in 2016, as a premium rear-wheel drive sports-luxury fuel cell electric vehicle (FCEV) with striking design, cutting-edge technology, more engaging driving performance and a significantly longer EPA-estimated range rating. Luxury Car Chassis.

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