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UK could slash corporation tax to 10 percent if EU blocks Brexit trade deal: Sunday Times
UK could slash corporation tax to 10 percent if EU blocks Brexit trade deal: Sunday Times

Britain could slash corporation tax to 10 percent if the European Union refuses to agree a post-Brexit free trade deal or blocks UK-based banks from accessing its market, the Sunday Times reported, citing an unidentified source.

Oct. 24 , 2016
U.S. auto sales in October expected to drop 7 percent: J.D. Power-LMC
U.S. auto sales in October expected to drop 7 percent: J.D. Power-LMC

U.S. auto sales are forecast to drop more than 7 percent in October from the same period in 2015, the sixth monthly decline so far this year, as automakers offer steep discounts and adjust production to manage inventories, J.D. Power and LMC Automoti

Oct. 24 , 2016
Audi to buy back 25,000 Q7 diesel SUVs in U.S., report says
Audi to buy back 25,000 Q7 diesel SUVs in U.S., report says

Volkswagen's premium division Audi plans to buy back 25,000 Q7 diesel engine SUVs in the U.S. to compensate owners whose cars do not meet exhaust emission standards, German weekly Der Spiegel reported today.

Oct. 24 , 2016
Continental puts first 48V hybrid assist system into production with Renault diesels
Continental puts first 48V hybrid assist system into production with Renault diesels

From the end of 2016, diesel variants of the Renault Scénic and Grand Scénic models will be equipped with Continental’s 48-volt hybrid drive—the first application of the 48V “Hybrid Assist” in production vehicles.

Oct. 24 , 2016
Tesla faces industry scrutiny over the best way forward for autonomous cars
Tesla faces industry scrutiny over the best way forward for autonomous cars

DETROIT -- Tesla Motors' decision to equip all of its vehicles with self-driving hardware has intensified competition among rival camps of technology and auto companies over what equipment will be on board cars of the future.

Oct. 24 , 2016
Daimler quarterly profit jumps 10% on Mercedes car demand
Daimler quarterly profit jumps 10% on Mercedes car demand

Daimler reported a 10 percent rise in third-quarter profit, buoyed by robust demand for Mercedes-Benz cars in China as the brand rolls out the new E-class sedan.

Oct. 24 , 2016