Automobile manufacturing

FILE - In this June 26, 2019, file photo, a man adds fuel to his vehicle at a gas station in Orlando, Fla. A coalition of states is suing the Trump administration for the second time to block a planned reduction in penalties automakers pay when they fail to meet fuel economy standards. Twelve states and the District of Columbia sued the administration Friday, Aug. 2, 2019, for replacing an Obama-era regulation that imposed a penalty of $14 for every tenth of a mile-per-gallon that an automaker falls below the standards. (AP Photo/John Raoux, File)
August 02, 2019 - 5:52 pm
SACRAMENTO, Calif. (AP) — A coalition of states sued the Trump administration Friday for the second time to block a planned reduction in the penalties automakers pay when they fail to meet fuel economy standards. Twelve states and the District of Columbia sued the National Highway Traffic Safety...
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Ferrari driver Charles Leclerc of Monaco steers his car during the first practice session of the Hungarian Formula One Grand Prix at the Hungaroring racetrack in Mogyorod, northeast of Budapest, Hungary, Friday, Aug. 2, 2019. The Hungarian Formula One Grand Prix takes place on Sunday. (AP Photo/Laszlo Balogh)
August 02, 2019 - 11:00 am
MILAN (AP) — Ferrari CEO Louis Camilleri confirmed Friday that the luxury performance carmaker will unveil three new models this year as part of its business plan targeting revenues of around 5 billion euros ($5.6 billion) by 2022. Camilleri declined to give any hints about the new models — two of...
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In this July 31, 2019, photo, people walk past a Honda car on display at Honda Motor Co. headquarters in Tokyo. Japanese automaker Honda reported Friday, Aug. 2, a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. (AP Photo/Koji Sasahara)
August 02, 2019 - 2:31 am
TOKYO (AP) — Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, while rival Honda reported a 29% decline in fiscal first quarter profit. Both Japanese automakers on Friday lowered their profit forecasts for the fiscal year, blaming an unfavorable foreign exchange...
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August 02, 2019 - 12:09 am
TOKYO (AP) — Toyota has reported a nearly 4% increase in fiscal first quarter profit on improved sales, but the Japanese automaker slightly lowered its full year forecasts because of unfavorable currency exchange rates. Toyota Motor Corp. reported Friday its April-June profit totaled 682.9 billion...
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FILE - In this July 16, 2019, file photo Chief Executive Officer Mary Barra speaks during the opening of contract talks with the United Auto Workers in Detroit. General Motors reports financial results Thursday, Aug. 1. (AP Photo/Paul Sancya, File)
August 01, 2019 - 10:41 am
DETROIT (AP) — General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by 1% in the second quarter. The Detroit automaker said it made $2.42 billion, or $1.66 per share, from April through June. Adjusting for...
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File---Picture taken on March 20, 2019 shows the logo of German car manufacturer BMW is pictured on a BMW car prior to the earnings press conference in Munich, Germany. (AP Photo/Matthias Schrader)
August 01, 2019 - 5:56 am
FRANKFURT, Germany (AP) — Luxury automaker BMW said Thursday that net profit fell 29% to 1.48 billion euros ($1.63 billion) in the second quarter from a year earlier, as profits were reduced by higher spending on revamping factories and on new technologies such as battery-only cars and smartphone-...
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FILE - In this file photo dated Monday, Jan. 14, 2019, Fiat Chrysler's new CEO, Mike Manley at the North American International Auto Show in Detroit, U.S.A.. Manley told analysts Wednesday July 31, 2019, that the logic of the failed tie-up with French carmaker Renault remains in place but repeated that FCA can survive on its own and refused to discuss terms under which merger talks might resume. (AP Photo/Carlos Osorio, FILE)
July 31, 2019 - 10:47 am
MILAN (AP) — Fiat Chrysler Automobiles CEO Mike Manley said Wednesday that the logic of merging with French carmaker Renault remains sound but refused to discuss terms under which talks might resume after a deal that would have reshaped the global auto industry collapsed last month. Manley repeated...
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In this July 17, 2019 photo, Mike Wilson, who runs Curveball Sportscards and Collectibles at the SVRC Marketplace in downtown Saginaw, Michigan works in his store. He supports President Donald Trump and credits him for a good economy. Economic conditions in Michigan could be crucial in determining whether Democrats retake a state they once held for decades (AP Photo/Sara Burnett)
July 29, 2019 - 6:16 am
SAGINAW, Mich. (AP) — A bright mural welcomes people to downtown Saginaw, where a new indoor market opened along the riverfront last year — part of the city's decades-long effort to reinvent itself after the auto industry started leaving. Inside the market, vendors sell falafel, fresh-baked pies...
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FILE - This April 23, 2019 file photo shows gas prices are displayed at a Shell station in Sacramento, Calif. Four major automakers have reached a secret deal with California to increase gas mileage and greenhouse gas emissions standards, bypassing the Trump administration’s plan to freeze standards at 2021 levels, according to two people briefed on the matter. (AP Photo/Rich Pedroncelli, File)
July 25, 2019 - 2:57 pm
DETROIT (AP) — Four major automakers have reached a deal with California to toughen standards for gas mileage and greenhouse gas emissions, bypassing the Trump administration's push to relax mileage standards nationwide instead. Ford, BMW, Honda and Volkswagen signed the deal with the California...
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July 25, 2019 - 2:15 am
FRANKFURT, Germany (AP) — Volkswagen says after-tax profit rose by 24% in the second quarter as the company managed to increase its share in contracting markets, and as more-profitable vehicles took a bigger role in the sales mix. Net profits rose to 4.11 billion euros ($4.58 billion) from 3.31...
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