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VW's $14.7 billion court settlement over diesel vehicles approved by U.S. judge

UPDATED: 10/25/16 1:23 pm ET - adds details

A federal judge today approved VW'w record-setting $14.7 billion settlement with regulators and owners of 475,000 polluting diesel vehicles, and the German automaker said it would begin buying back the vehicles in mid-November. It represented one of the biggest corporate settlements of any kind.
■ Germany's VW probe hasn't implicated leading execs, prosecutors say

Mercedes plans two powerful E-class variants

Mercedes-Benz's latest E-class sedans went on sale in June and now the automaker has shed light on two high-performance variants. Both models, Mercedes said, are the most powerful E-class variants of all time.

GM's Q3 net more than doubles to $2.77 billion
UPDATED: 10/25/16 4:16 pm ET - adds stock close

General Motors today said its net income more than doubled to a third-quarter, post-bankruptcy high of $2.77 billion, as its focus on retail sales in the U.S. bolstered transaction prices. Despite weakness in Europe, GM said its earnings for the year would be at the "high end" of forecasts.

Mercedes X class will target families, outdoor enthusiasts
UPDATED: 10/25/16 5:23 pm ET - adds U.S. pickup stats

Mercedes unveiled two concepts for its first pickup that will go on sale next year called the X class. The midsize vehicle will target families, outdoor enthusiasts and commercial customers in Europe, Latin America, South Africa, and Australia. The brand also is examining whether to sell the pickup in the U.S.

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As we approach the 100th anniversary of NADA in 2017, Automotive News invites you to take a look back at the best of our coverage, including past president's interviews, video highlights and more. In January, we'll mark the occasion with a special issue that looks at NADA's past, present and future. Click here to view our special NADA 100 coverage.

Japan Inc. gets serious about cybersecurity

Japan's carmakers are still seen as slow to adapt to the vulnerabilities of connected cars. But with the advent of autonomous driving just over the horizon, Japan Inc. is finally getting serious about cybersecurity. Cybersecurity threat helps forge friendships