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Germany prosecutors have fined automaker BMW 8.5 million euros ($9.66 million) for lax oversight in installing defective engine software that led to excessive diesel emissions in 7,965 cars.

Italian state TV and news agency ANSA say Marella Agnelli, widow of Fiat tycoon Gianni Agnelli and a 20th-century symbol of elegance, has died at her family home in Turin, in Italy's northern Piedmont region, at 91. Piedmont Gov. Sergio Chiamparino says Italy has lost an illustrious figure known for "grace and elegance."

As their company was swirling around the financial drain in the early 2000s, General Motors executives came up with an idea to counter its gas-guzzling image and point the way to transportation of the future: An electric car with a gas-engine backup that could travel anywhere.

General Motors extending the life of its only Detroit factory until early next year.

AutoNation, the country's largest auto dealership chain, has named an executive from the USAA financial services company as its new CEO.

Volkswagen says it increased operating earnings and sales last year despite troubles getting vehicles certified under new European emissions tests.

The partnership comes as more automakers team up.

The Lego Creator Ford Mustang will recreate the famous muscle car with a dark-blue frame, white racing stripe, trademark spoilers and GT emblems.

The Dow Jones Industrial Average topped 26,000 for the first time since Nov. 8.

Liebert will take over his new job on March 11.

Tesla shares took a dip after consumer reports said they will stop recommending the Model 3 due to reliability issues.

The Trump administration says it has broken off talks with California in a dispute over mileage standards, moving the two closer to a possible court battle that threatens to roil the auto industry.

Ford says it has launched an investigation into whether a flawed mathematical model caused it to overstate gas mileage and understate pollution from a wide range of vehicles.

The EPA said it takes "the potential issues seriously."

Tesla says the carmaker has made "significant improvements" to address the issues raised.

After GM's November announcement of a broad restructuring, including Oshawa, the union backed brief production disruptions, a call to boycott GM's Mexican-made vehicles and a "solidarity" concert for workers by British musician Sting.

Lyft is leapfrogging Uber in the race to go public.

Nearly four years ago, the U.S. government's highway safety agency began investigating air bag inflators made by ARC Automotive of Tennessee when two people were hit by flying shrapnel after crashes.

Brexit backlash...Businesses saying bye-bye.