Automobile manufacturing

October 22, 2018 - 3:11 am
MILAN (AP) — Fiat Chrysler Automobiles has announced the sale of its auto components division to Japanese automotive component supplier Calsoni Kansei Corporation in a deal valued at 6.2 billion euros ($7 billion). FCA said Monday that the Magneti Marelli sale would create the world's seventh-...
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This photo provided by Universal Pictures Home Entertainment shows Christopher Lloyd, left, as Dr. Emmett Brown, and Michael J. Fox as Marty McFly in the 1985 film, "Back to the Future." A federal court has dismissed a lawsuit brought by the widow of automaker John DeLorean over royalties stemming from the "Back to the Future" movies. Sally DeLorean claimed a Texas company using the DeLorean name had illegally accepted royalties from Universal Pictures for the promotional use of images of the iconic car. But a judge ruled Friday, Oct. 12, 2018, that a 2015 settlement agreement in a separate lawsuit over trademarks prohibited her from suing for the royalties. (Universal Pictures Home Entertainment via AP)
October 15, 2018 - 1:57 pm
NEWARK, N.J. (AP) — A federal court has dismissed a lawsuit brought by the widow of automaker John DeLorean over royalties stemming from the "Back to the Future" movies. Sally DeLorean claimed a Texas company using the DeLorean name had illegally accepted royalties from Universal Pictures for the...
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October 12, 2018 - 6:50 am
BEIJING (AP) — China's auto sales shrank for a third straight month in September, adding to pressure on the country's leaders who face slowing economic growth and a tariff fight with Washington. An industry group, the China Association of Automobile Manufacturers, said Friday that sales shrank 12...
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Representative Director and CTO of SoftBank Corp. Junichi Miyakawa, left and Executive Vice President of Toyota Motor Corporation Shigeki Tomoyama, right, shake hands during a press conference in Tokyo Thursday, Oct. 4, 2018. Japan’s No. 1 automaker Toyota Motor Corp. and Japanese technology giant SoftBank Group Corp. say they are setting up a joint venture to create mobility services. (AP Photo/Eugene Hoshiko)
October 04, 2018 - 1:31 am
TOKYO (AP) — Japan's No. 1 automaker Toyota Motor Corp. and technology giant SoftBank Group Corp. are setting up a joint venture to create mobility services in what they called a "united Japan" effort" to face global competition. The venture, Monet Technologies Corp. is meant to be running by the...
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FILE- In this Tuesday, Oct. 2, 2018, file photo trader Michael Milano, left, and specialist Jay Woods work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Oct. 3. (AP Photo/Richard Drew, File)
October 03, 2018 - 2:45 pm
NEW YORK (AP) — Encouraging signs on hiring and growth in the service sector are sending U.S. stocks higher and bond prices sharply lower Wednesday. The yield on the benchmark 10-year Treasury note spiked to its highest level in more than seven years. That helped send bank stocks sharply higher...
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FILE - This Friday, May 16, 2014, file photo, shows the General Motors logo at the company's world headquarters in Detroit. General Motors and Honda are teaming up to create a self-driving vehicle. (AP Photo/Paul Sancya, File)
October 03, 2018 - 9:26 am
SAN FRANCISCO (AP) — General Motors and Honda will team up on self-driving vehicle technology as big automakers and tech giants race to develop the next generation of personal transportation. Japan's Honda Motor Co. will invest $2.75 billion in the autonomous vehicle unit run by General Motors Co...
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October 02, 2018 - 8:12 pm
Vehicle sales are slowing down despite a run on big SUVs. Major automakers said Tuesday that U.S. sales fell 7 percent in September and 4 percent for the June-through-September quarter, compared with the same periods last year. Weaker numbers for September and the third quarter wiped out a 1.8...
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The Mercedes Vision EQ Silver Arrow is displayed at the Paris Auto show, France, Tuesday, Oct. 2, 2018, 2018. The one-seater vehicle is an homage to the record-breaking W 125 car from 1937. (AP Photo/Thibault Camus)
October 02, 2018 - 7:04 pm
PARIS (AP) — The Latest on the Paris auto show (all times local): 1:25 p.m. BMW says its Mini and Rolls Royce factories in the U.K. will halt production for maintenance during the Brexit period next year to avoid any supply repercussions from the country's withdrawal from the European Union. There...
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FILE - In this Dec. 14, 2016, file photo, Tesla CEO Elon Musk listens as President-elect Donald Trump speaks during a meeting with technology industry leaders at Trump Tower in New York. Electric carmaker Tesla must find a new chair for its board of directors under a settlement announced Saturday, Sept. 29, 2018, with the Securities and Exchange Commission. Whoever takes on the job will face the formidable task of overseeing Musk, a charismatic, visionary executive with an impulsive streak. (AP Photo/Evan Vucci, File)
October 02, 2018 - 2:58 pm
Tesla Motors accelerated production of its pivotal Model 3 sedan during the summer just as CEO Elon Musk promised, vindicating the electric car maker's leader amid a backdrop of baffling behavior that jeopardized his job. The company announced Tuesday that it produced 80,142 vehicles in the third...
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Dieter Zetsche, Chairman of the Board of Management of Daimler AG, Head of Mercedes-Benz Cars, speaks at a media preview at the Auto show in Paris, France, Tuesday, Oct. 2, 2018, 2018. (AP Photo/Thibault Camus)
October 02, 2018 - 5:43 am
PARIS (AP) — All-electric vehicles with zero local emissions are among the stars of the Paris auto show, rubbing shoulders with the fossil-fuel burning SUVs that many car buyers love. Volkswagen's Audi and Daimler AG's Mercedes-Benz both on Tuesday showed off battery-powered SUVs for affluent...
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