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Great Wall Motor cooled prospects for a deal with Fiat Chrysler Automobiles, saying there are no talks and it may not pursue a takeover the Italian-American car manufacturer's Jeep division.
Hyundai plans to launch a pickup in the United States as part of a broader plan to catch up by shifting away from sedans in one of the Korean automaker's most important markets, a senior company executive told Reuters.
Millennials are finally starting their own baby boom and heading for the suburbs in big SUVs, much like their parents did.
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