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October 3, 2017 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
GM Plans 20 All-Electric Models by 2023
Ford to Increase Its Fully Electric Vehicle Offerings
Fiat Chrysler CEO Focuses on Goals Amid Doubts on E-Cars, Deals
New Car Sales Expected to Jump in September
Stick with Security: Secure Paper, Physical Media and Devices
Top Stories
GM Plans 20 All-Electric Models by 2023

General Motors Co. joined a growing group of automakers promising an emissions-free future for cars by pledging to sell 20 all-electric vehicles by 2023. The largest U.S. automaker, which generates most of its profit with large sport utility vehicles and pickup trucks, plans to have a lineup of both battery-powered cars and hydrogen fuel-cell autos, which also run on electricity. Two new EVs will debut in the next 18 months to follow the Chevrolet Bolt that’s been on sale for less than a year.
Source: Bloomberg

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Ford to Increase Its Fully Electric Vehicle Offerings

Ford Motor Co. said Monday it will increase its battery electric vehicle offerings beyond the 300-mile range crossover EV it plans to offer by 2020. The automaker is setting up an internal team named "Team Edison" to study and develop fully electric cars. It will be separate from Ford's other electrification efforts, which include hybrid and plug-in hybrid offerings. Marakby said Ford is on track to deliver 13 electrified vehicles over the next five years.
Source: Automotive News

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Fiat Chrysler CEO Focuses on Goals Amid Doubts on E-Cars, Deals

Fiat Chrysler Automobiles NV Chief Executive Officer Sergio Marchionne said he’s focusing on the Italian-American carmaker’s five-year strategy as the auto industry grapples with its biggest-ever challenges, stemming from new electric and self-driving technologies. Battery-powered autos have yet to become profitable, with the company losing as much as $20,000 a car on its Fiat 500 subcompact’s electric version, Marchionne said Monday in a speech at a university event in Rovereto, Italy.
Source: Bloomberg

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New Car Sales Expected to Jump in September

Auto companies are projected to have experienced an increase in year-over-year sales in September, according to analysts who are predicting an uptick of between 0.4 and 1 percent. Kelley Blue Book is projecting that new vehicle sales will have risen by 1 percent in September 2017 in a year-over-year comparison with September 2016, going from 1.43 million last year to 1.44 million last month.
Source: The Detroit News

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Stick with Security: Secure Paper, Physical Media and Devices

High-profile hackers grab the headlines. But some data thieves prefer old school methods – rifling through file cabinets, pinching paperwork, and pilfering devices like smartphones and flash drives. As your business bolsters the security of your network, don’t let that take attention away from how you secure documents and devices. FTC law enforcement actions, closed investigations, and experiences we’ve heard from businesses demonstrate the wisdom of adopting a 360° approach to protecting confidential data. As Start with Security suggests, securing paper, physical media, and devices is an important part of that strategy.
Source: FTC

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Quotable

"GM believes the future is all electric, a world free of automotive emissions. It's real."

    -- Mark Reuss, GM executive vice president of global product development, Bloomberg, Oct. 2


 
"We see an inflection point in the major markets toward battery electric vehicles."


    -- Sherif Marakby, Ford's head of electrification and autonomous vehicles, Automotive News, Oct. 2

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