Automobile manufacturing

FILE- In this June 14, 2018, file photo Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Musk says he is considering taking the electric car maker private. Tesla’s stock spiked Tuesday, Aug. 7, after Musk made the abrupt announcement in a terse tweet. (AP Photo/Kiichiro Sato, File)
August 07, 2018 - 11:25 am
NEW YORK (AP) — Tesla CEO Elon Musk announced Tuesday that he is considering taking the electric car maker private, causing the company's stock to spike. In keeping with his unorthodox style, Musk made the out-of-the blue announcement in a terse tweet. He said he may take the company private at $...
Read More
In this Friday, July 6, 2018, photograph, prospective customers confer with sales associates as a Model 3 sits on display in a Tesla showroom in the Cherry Creek Mall in Denver. The Insurance Institute for Highway Safety, in a paper titled “Reality Check,” issued the warning Tuesday, Aug. 7, 2018, after testing five of the systems from Tesla, Mercedes, BMW and Volvo on a track and public roads. The systems tested, in the Tesla Model 3 and Model S, BMW’s 5-Series, the Volvo S-90 and the Mercedes E-Class, are among the best in the business right now and have been rated “superior” in previous IIHS tests. David Zuby, the institute’s chief research officer, said the systems do increase safety but the tests show they are not 100 percent reliable. (AP Photo/David Zalubowski)
August 06, 2018 - 10:24 pm
DETROIT (AP) — Cars and trucks with electronic driver assist systems may not see stopped vehicles and could even steer you into a crash if you're not paying attention, an insurance industry group warns. The Insurance Institute for Highway Safety, in a paper titled "Reality Check," issued the...
Read More
Johann Ebenbichler, BMW's vice president on quality management, speaks during a press conference in Seoul, South Korea, Monday, Aug. 6, 2018. BMW AG's Korean unit apologized over engine fires that prompted recalls and a probe Monday, in its latest efforts to contain the damage as images of the German cars engulfed in flames stoked safety worries. (AP Photo/Ahn Young-joon)
August 06, 2018 - 2:14 am
SEOUL, South Korea (AP) — BMW AG's Korean unit apologized Monday over engine fires that prompted recalls and a probe, seeking to allay concerns over images of cars engulfed in flames. BMW Korea Chairman Kim Hyo-joon said the German carmaker will fully cooperate with the transport ministry's...
Read More
FILE- In this Jan. 11, 2018, file photo, cars pass the Queensboro Bridge in New York. The Trump administration is citing safety to justify freezing gas mileage requirements. A draft of a regulation prepared this summer would freeze an Obama-era program to improve fuel efficiency and cut pollution. (AP Photo/Frank Franklin II, File)
August 03, 2018 - 2:47 pm
DETROIT (AP) — For all the drama surrounding the Trump administration's attempt to undo Obama-era fuel economy requirements, automakers are likely to stick to them until they get some answers. The administration on Thursday unveiled plans to freeze the requirements at 2020 levels through 2026,...
Read More
A visitor walks through a Toyota showroom in Tokyo Friday, Aug. 3, 2018. Toyota Motor Corp. has reported its quarterly profit climbed 7.2 percent, helped by strong sales in the U.S. and other overseas markets. (AP Photo/Eugene Hoshiko)
August 02, 2018 - 11:33 pm
TOKYO (AP) — Toyota Motor Corp. reported Friday that its quarterly profit climbed 7.2 percent in April-June to a record 657.3 billion yen ($5.9 billion), exceeding analysts' forecasts thanks to strong sales in the U.S. and other overseas markets. The maker of the Camry sedan, Prius hybrid and Lexus...
Read More
August 02, 2018 - 11:01 pm
WASHINGTON (AP) — The Latest on the Trump administration's proposal to roll back Obama-era mileage standards (all times local): 9:55 p.m. The Trump administration has proposed weakening Obama-era mileage standards designed to make cars more fuel-efficient. The administration also says it wants to...
Read More
In this Aug. 1, 2018, photo, cars on the Grand Central Parkway pass LaGuardia Airport in New York. The Trump administration has proposed rolling back tougher Obama-era gas mileage requirements that are set to take effect after 2020. (AP Photo/Frank Franklin II)
August 02, 2018 - 8:41 pm
WASHINGTON (AP) — Citing safety, the Trump administration on Thursday proposed rolling back car-mileage standards, backing away from years of government efforts to cut Americans' trips to the gas station and reduce unhealthy, climate-changing tailpipe emissions. If the proposed rule becomes final,...
Read More
FILE - In this April 15, 2018, file photo, the sun shines off the rear deck of a roadster on a Tesla dealer's lot in the south Denver suburb of Littleton, Colo. Martin Tripp, a former Tesla Inc. employee at the electric car maker's battery plant in Nevada, is seeking at least $1 million in defamation damages after it accused him of hacking into computers and stealing confidential information leaked to the media. His lawyers filed a counterclaim in federal court in Reno, Nev., Tuesday, Aug. 2. (AP Photo/David Zalubowski, File)
August 02, 2018 - 1:20 pm
RENO, Nev. (AP) — A former Tesla Inc. employee at the electric car maker's battery plant in Nevada is seeking at least $1 million in defamation damages after it accused him of "sabotage," hacking into computers and stealing confidential information leaked to the media. Lawyers for Martin Tripp...
Read More
FILE - In this Wednesday, March 21, 2018 file photo, the logo of German car manufacturer BMW is pictured at the headquarters in Munich, Germany. German carmaker BMW reports its second quarter earnings on Thursday, Aug. 2, 2018. (AP Photo/Matthias Schrader, file)
August 02, 2018 - 5:40 am
FRANKFURT, Germany (AP) — BMW's profit fell 6 percent in the second quarter as it spent more on developing new technologies for electric, autonomous and digitally connected automobiles, the luxury carmaker said Thursday. Net income came in at 2.08 billion euros ($2.42 billion), down from 2.22...
Read More
FILE - In this April 15, 2018, file photo, the sun shines off the rear deck of a roadster on a Tesla dealer's lot in the south Denver suburb of Littleton, Colo. Tesla’s second-quarter revenue should grow by more than $1 billion as it delivered more Model 3 electric cars. But analysts predict it won’t be enough to stop the company’s net loss from rising dramatically when the Palo Alto, Calif., company reports earnings after the bell Wednesday, Aug. 1. (AP Photo/David Zalubowski, File)
August 01, 2018 - 2:11 pm
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars. But the company reiterated a promise from CEO Elon Musk to post net profits in the third and fourth quarters, and Telsa'...
Read More

Pages