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Kia banking on Telluride for growth

LOS ANGELES — Kia eked out a sales gain in the U.S. last year by a mere five units.But Kia Motors America COO Michael Cole sees bigger growth opportunities for 2019, even if sedan sales across the industry continue to sag or the overall market weakens.That’s...

Faraday Future ends dispute with main investor

Chinese electric vehicle developer Faraday Future said on Monday it signed a new restructuring agreement with a unit of its main investor, Evergrande Health Industry Group, ending a bitter legal fight and clearing the path for raising funds. Season Smart,...