Automobile manufacturing

FILE- In this Dec. 17, 2018, file photo, a pair of athletic shoes designed for the military are laced up at a New Balance factory in Norridgewock, Maine. On Friday, Feb. 15, 2019, the Federal Reserve reports on U.S. industrial production for January. (AP Photo/Robert F. Bukaty, File)
February 15, 2019 - 10:18 am
WASHINGTON (AP) — U.S. industrial production fell 0.6 percent in January, stemming in large part from an 8.8 percent plunge in the making of motor vehicles and auto parts. The Federal Reserve said Friday that that the manufacturing component of the index dropped 0.9 percent last month, reversing a...
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Renault Chairman Jean-Dominique Senard waves upon arrival at Haneda international airport in Tokyo Thursday, Feb. 14, 2019. Senard, who recently replaced Carlos Ghosn, is expected to meet Renault's alliance partner Nissan's Chief Executive Hiroto Saikawa for merging the two automakers under one holding company. (Akiko Matsushita/Kyodo News via AP)
February 14, 2019 - 5:51 am
PARIS (AP) — In its first results since the downfall of former chairman Carlos Ghosn, French carmaker Renault reported a 35 percent slump in profits last year and warned about the impact to business if Britain crashes out of the European Union next month without a deal. Renault said Thursday that...
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FILE- In this Feb. 7, 2019, file photo the Lexus LS500 is displayed during the media preview of the Chicago Auto Show in Chicago. J.D. Power’s annual survey found that Lexus was the most dependable brand for the eighth-straight year. (AP photo/Nam Y. Huh, File)
February 13, 2019 - 1:11 pm
DETROIT (AP) — Automobiles are getting more reliable, but J.D. Power's annual survey finds problems with battery failures, transmission shifting and voice recognition systems. The survey found that Lexus was the most dependable brand for the eighth-straight year, but some mass-market brands cracked...
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February 12, 2019 - 7:28 pm
GENEVA (AP) — Forty countries led by Japan and the European Union — but not the U.S. or China — have agreed to require new cars and light commercial vehicles to be equipped with automated braking systems starting as soon as next year, a U.N. agency said Tuesday. The regulation will require all...
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Nissan Motor Co. President and Chief Executive Officer Hiroto Saikawa speaks during a press conference at its Global Headquarter in Yokohama, near Tokyo, Tuesday, Feb. 12, 2019. Nissan reported a drop in third quarter profit to about a fourth of the previous year's, mainly because U.S. tax reforms had lifted profits a year earlier. Nissan has been rocked recently by the arrest of its former chairman, Carlos Ghosn, on charges of financial misconduct. (Akiko Matsushita/Kyodo News via AP)
February 12, 2019 - 5:25 am
TOKYO (AP) — Nissan said Tuesday that its third quarter profit plunged to about a quarter of the previous year's, partly due to special charges related to alleged false financial reporting by its former chairman, Carlos Ghosn. The main factor behind the sharp weakening in profit, however, was the...
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FILE - In this Oct. 6, 2017, file photo, then Renault Group CEO Carlos Ghosn listens during a media conference at La Defense business district, outside Paris. Carmaker Renault has alerted French authorities to a 50,000-euro gift from the chateau of Versailles to its former chairman and CEO Carlos Ghosn, reportedly linked to his lavish wedding there. French newspaper Le Figaro reported that the chateau allowed Ghosn to host his wedding reception on its grounds in exchange for Renault's philanthropic activities to support the Versailles estate, resplendent home to France's last kings. (AP Photo/Michel Euler, File)
February 07, 2019 - 9:42 pm
PARIS (AP) — Carmaker Renault has alerted French authorities to a 50,000-euro gift from the chateau of Versailles to its former chairman and CEO Carlos Ghosn — reportedly linked to his lavish wedding at the royal estate. Renault said in a statement Thursday that a company investigation found that...
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February 07, 2019 - 9:23 am
MILAN (AP) — Italian American automaker Fiat Chrysler says fourth-quarter net profits rose by 61 percent, powered by North American sales of the all-new Ram 1500 and Jeep Wrangler. Fiat Chrysler Automobiles on Thursday reported quarterly net profits of 1.29 billion euros ($1.46 billion), compared...
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FILE- This Jan. 16, 2019, file photo shows a GMC Sierra pickup, left, and Denali in Detroit. General Motors' posted an $8.1 billion net profit last year as it got better prices for vehicles sold in the U.S., its most lucrative market. The performance was far better than the previous year, when the company lost $3.9 billion due to a giant tax accounting charge.(AP Photo/Paul Sancya, File)
February 06, 2019 - 11:30 am
DETROIT (AP) — General Motors posted an $8.1 billion net profit for 2018, fueled by better prices for vehicles sold in the U.S., its most lucrative market. It's a strong rebound from the previous year when the company lost $3.9 billion on a giant tax accounting charge. GM made $10.8 billion before...
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The logo of Daimler is photographed on a car in Frankfurt, Germany, Wednesday, Feb. 6, 2019. Daimler has its annual press conference on Wednesday. (AP Photo/Michael Probst)
February 06, 2019 - 4:42 am
FRANKFURT, Germany (AP) — Automaker Daimler said Wednesday that its fourth-quarter net profit fell 49 percent to 1.64 billion euros ($1.87 billion) as the Mercedes-Benz luxury car business was buffeted by diesel woes and global trade conflict. Revenue rose 7 percent to 46.6 billion euros and the...
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Alba, a white German Shepherd dog, wearing a European flag stands with supporters of Britain remaining in the European Union as they protest opposite the Houses of Parliament in London, Monday, Feb. 4, 2019. Prime Minister Theresa May was gathering pro-Brexit and pro-EU Conservative lawmakers into an "alternative arrangements working group" seeking to break Britain's Brexit deadlock. (AP Photo/Matt Dunham)
February 05, 2019 - 10:04 am
LONDON (AP) — With Brexit less than eight weeks away, it's becoming clear that the British economy is stalling as firms struggle with the uncertainty over what will happen. Hot on the heels of the news that carmaker Nissan is scrapping plans to build a new SUV in its plant in northeast England, a...
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