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Daily Car News Bulletin for April 26, 2016

by Car Appraiser on April 26, 2016

Daily Car News Bulletin for April 26, 2016

What’s happening today in the car market








  • Fiat Chrysler Automobiles Performance








FCA (Fiat Chrysler Automobiles) earnings increased in first quarter of operating, showing a very strong performance in North America, totaling 1.56 Billion Dollars, with sales up 3% from January to April report.


  • Hyundai Q1 Earnings

Hyundai Q1 is in 9 straight quarterly earnings drop, net profit of 1.47 billion dollars for the first quarter, down 12% from previous year.


  • Volkswagen is Top Seller 2016







Volkswagen outsells Toyota for the first quarter of 2016, VW 2.5 million vehicles to Toyotas 2.46 Million.

  • Google, Ford and Volvo Coalition to Create Self-Driving Vehicles


Google, Ford, and Volvo formed a coalition, along with Uber and Lyft, to create a self-driving car and establish regulations. They believe in the future, safety, and benefits of self-driving vehicles.


  • Honda Pays $70 Million in Fines


Honda pays $70 million in fines for under-reporting death and injury claims linked to the defects in their cars to the U.S. Government.



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