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Europe car sales growth slows on Brexit concerns

Bloomberg European car demand rose at a slower pace in June as fewer selling days in Germany and Brexit-related concerns in the UK weighed on a peaking vehicle market. Industrywide registrations increased 2.1 percent from a year earlier to 1.54 million vehicles last month, with Toyota and Fiat models posting the biggest gains, the European Automobile Manufacturers’ Association, or ACEA, ...

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Daimler ready to fight cheating accusations as probe widens

Bloomberg Daimler AG said it will push back against allegations that it manipulated emissions in its Mercedes-Benz engines, as a German government pr-obe into the luxury-car ma-ker deepens. “We would employ all legal means” to defend against any accusation by the Federal Transport Motor Authority of an illegal defeat device in Mercedes-Benz cars, the company said in an emailed statement. ...

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Why robots won’t steal all our jobs…

Don’t worry, the robots won’t destroy all our jobs. History suggests just the opposite — that new technologies inspire new jobs. So concludes a study from leading labor economists. It’s a useful antidote to widespread fears that robots and ‘artificial intelligence’ will displace millions of workers and lead to permanently high joblessness. No doubt, the anxiety is real. Despite a ...

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