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GM hanging on to tech units despite hype of $30 billion spinoff

GM will keep its business units working on self-driving vehicles and car-sharing despite analysts suggesting they could be spun off and valued at as much as $30 billion, according to a top executive.

UPDATED: 10/17/17 8:48 am ET - adds details

Mitsubishi to accelerate r&d, capital spending, report says

Mitsubishi Motors is planning to inject more than $5.35 billion in capital spending and r&d over the next three years, the Nikkei newspaper reported.

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Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.