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September 22, 2015 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Volkswagen Says 11 Million Cars Worldwide Are Affected in Diesel Deception
BMW, Daimler Say Their Diesels Comply with U.S. Clean Air Rules
Subaru Plans $140M Expansion of Indiana Factory
Aluminum Makers Call for `Green' Trademark to Sell at a Premium
Apple Sets 2019 Goal to Build an Auto
Top Stories
Volkswagen Says 11 Million Cars Worldwide Are Affected in Diesel Deception

The scope of Volkswagen’s diesel scandal broadened on Tuesday, when the company said that 11 million of its diesel cars worldwide were equipped with the same software that was used to cheat on emissions tests in the United States. The German automaker said it was setting aside ... about $7.3 billion, to cover the cost of fixing the cars to comply with pollution standards.
Source: The New York Times
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BMW, Daimler Say Their Diesels Comply with U.S. Clean Air Rules

BMW and Daimler say their diesel-powered vehicles comply with U.S. clean air rules. Their comments come after the U.S. Environmental Protection Agency said on Friday that fellow German automaker Volkswagen used software for diesel VW and Audi branded cars that deceived regulators measuring toxic emissions. VW could face up to $18 billion in penalties. BMW and Daimler's Mercedes-Benz have targeted the U.S. as a market for their diesel vehicles.
Source: Automotive News
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Subaru Plans $140M Expansion of Indiana Factory

Subaru announced Monday it plans to spend $140 million to boost vehicle production at an Indiana factory and add up to 1,200 jobs in the next two years. The Lafayette factory will see its production capacity grow by 100,000 vehicles a year from its current 300,000, the company said. The production increase comes after Subaru sold a record 52,697 vehicles in the U.S. during August and represents a show of confidence by parent company Fuji Heavy Industries in Subaru's only assembly factory outside Japan, said Tom Easterday, Subaru of Indiana Automotive's executive vice president.
Source: Associated Press
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Aluminum Makers Call for `Green' Trademark to Sell at a Premium

The biggest aluminum producers are discussing the introduction of a “green” trademark for the lightweight metal that could be sold at a premium and encourage carbon footprint reductions among rivals, United Co. Rusal’s deputy chief executive officer said. “Since many of consumers, such as the car industry, are working on becoming more nature-friendly, the issue of clean aluminum output becomes important," Oleg Mukhamedshin said in an interview last week. As an example, "even if a car with an aluminum body enables lower CO2 emissions, more pollution could have been caused by the company producing that metal, which damages the idea of clean vehicles." Automakers including Ford Motor Co. are turning to aluminum as they seek to reduce vehicle weights to meet stringent fuel-efficiency requirements.
Source: Bloomberg
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Apple Sets 2019 Goal to Build an Auto

Apple Inc. is accelerating efforts to build an electric car, designating it internally as a “committed project” and setting a target ship date for 2019, according to people familiar with the matter. The go-ahead came after the company spent more than a year investigating the feasibility of an Apple-branded car, including meetings with two groups of government officials in California. Leaders of the project, code-named Titan, have been given permission to triple the 600-person team, the people familiar with the matter said.
Source: The Wall Street Journal

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Subaru's investment is "an extraordinary statement of confidence, not only in this operation, but in the people of the state of Indiana, and we are truly grateful for this widening partnership."

    -- Indiana Gov. Mike Pence, commenting on Subaru's $140M expansion of Indiana factory, Associated Press, Sept. 21

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