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The company last week built its last steel-framed sports car, after a run with the rugged platform that set a world record.

The pandemic has made it more difficult for lenders to determine credit-worthiness and harder for subprime borrowers to buy cars.

Luxury brand sales show signs of recovery from a pandemic-driven slump in the spring.

Oliver Schmidt is expected to appear before a federal magistrate next week on his request to finish his seven-year prison sentence in his native Germany for his key role in VW’s diesel emissions scandal, the Detroit News reported.