Automobile manufacturing

A Volkswagen Beetle makes it to the top of a hill in a neighborhood of Mexico City known colloquially as "Vocholandia," for its love of the classic Beetle, called vochos, Tuesday, July 9, 2019. The modern version of the iconic Volkswagen model is set to cease production on Wednesday, but in Cuautepec on the outskirts of Mexico City residents still rely on the no-frills original compact cars, praising them for their affordability, reparability and ability to handle the area's steep streets. (AP Photo/Cristina Baussan)
July 10, 2019 - 3:50 pm
MEXICO CITY (AP) — The Beetle is dead. Long live the Beetle. The modern edition of the iconic Volkswagen model ceased production Wednesday, but people in Cuautepec on the outskirts of Mexico City still rely on the original no-frills version, praising it for its affordability, reparability and, most...
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July 10, 2019 - 5:49 am
BEIJING (AP) — China says auto sales fell 7.8% in June amid a trade fight with Washington and slower economic growth, extending a year-old contraction that is squeezing automakers as they spend on developing electric cars. An industry group said Wednesday drivers in the global industry's biggest...
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FILE - In this April 21, 2017, file photo a collection of VW beetles car toys seen on Volkswagen Beetle displayed during the annual gathering of the "Beetle Club" in Yakum, central Israel. Volkswagen is halting production of the last version of its Beetle model in July 2019 at its plant in Puebla, Mexico, the end of the road for a vehicle that has symbolized many things over a history spanning eight decades since 1938. (AP Photo/Oded Balilty)
July 09, 2019 - 9:56 pm
FRANKFURT, Germany (AP) — Volkswagen is halting production of the last version of its Beetle model this week at its plant in Puebla, Mexico. It's the end of the road for a vehicle that has symbolized many things over a history spanning eight decades since 1938. It has been: a part of Germany's...
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July 05, 2019 - 5:51 am
FRANKFURT, Germany (AP) — BMW CEO Harald Krueger is stepping down in the wake of the luxury automaker's weakest earnings performance in years. The Germany company said Krueger, 53, would not seek an extension of his contract, which expires at the end of April 2020. It said the board of directors...
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FILE - In this March 28, 1990, file photo, Chrysler Corporation Chairman Lee Iacocca sits in a 1990 Dodge Viper sports car as the Chrysler in the 90's six city tour makes a visit to New York. Former Chrysler CEO Iacocca, who became a folk hero for rescuing the company in the '80s, has died, former colleagues said Tuesday, July 2, 2019. He was 94. (AP Photo/Osamu Honda, File)
July 03, 2019 - 5:08 am
DETROIT (AP) — Lee Iacocca, the auto executive and master pitchman who put the Mustang in Ford's lineup in the 1960s and became a corporate folk hero when he resurrected Chrysler 20 years later, has died in Bel Air, California. He was 94. Two former Chrysler executives who worked with him, Bud...
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June 27, 2019 - 10:42 am
LONDON (AP) — French carmaker PSA will continue to make its Vauxhall and Opel Astra cars in the U.K. — but only if Britain leaves the European Union with a deal. The pledge comes amid a heated Conservative Party leadership contest to determine who will replace Prime Minister Theresa May. Front-...
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FILE - In this file photo dated Thursday, March 28, 2019, the Ford Motor company logo at the auto show in Denver, USA. Carmaker Ford said Thursday June 27, 2019, it is shedding 12,000 jobs in Europe as it streamlines operations in the region to increase profitability. (AP Photo/David Zalubowski)
June 27, 2019 - 7:36 am
FRANKFURT, Germany (AP) — Carmaker Ford said Thursday it is shedding 12,000 jobs in Europe to increase profitability, part of a global trend of cost cuts by automakers facing shifting consumer tastes and heavy investments in electric cars. The job cuts are part of a broad restructuring at Ford that...
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In this Saturday June 15, 2019 photo customers leave an Apple store on the 3rd Street Promenade in Santa Monica, Calif. Apple has bought a struggling self-driving car startup as the iPhone maker continues to explore the potential market for robotic vehicles, despite recently curtailing its work on the technology. The Cupertino, Calif., company confirmed its acquisition of Drive.ai Wednesday, June 26, without disclosing the price. (AP Photo/Richard Vogel)
June 26, 2019 - 2:20 pm
CUPERTINO, Calif. (AP) — Apple has bought a struggling self-driving car startup as the iPhone maker continues to explore the potential market for robotic vehicles, despite recently curtailing its work on the technology. The Cupertino, California, company confirmed its acquisition of Drive.ai...
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Shareholders arrive for Nissan's general meeting of shareholders in Yokohama, near Tokyo, Tuesday, June 25, 2019. Japanese automaker Nissan faces shareholders as profits and sales tumble after its former star chairman faces trial on financial misconduct allegations.(AP Photo/Koji Sasahara)
June 25, 2019 - 2:08 am
YOKOHAMA, Japan (AP) — Scandal-battered Nissan won its shareholders' approval Tuesday for a new system of committees to oversee governance and for keeping Chief Executive Hiroto Saikawa on its board. The Japanese automaker's profits and dividends have tumbled amid a high-profile scandal involving...
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June 23, 2019 - 1:10 pm
FRANKFURT, Germany (AP) — Automaker Daimler says profits for the second quarter will be hit by troubles with diesel vehicles from its Mercedes-Benz brand and has downgraded its earnings forecast for the full year. The company said Sunday in a news release that it would be hit by "a high three-digit...
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