Automobile manufacturing

The Ford engine plant near Bridgend, south Wales, Thursday June 6, 2019. The Ford engine plant in Bridgend that employs 1,700 people is "economically unsustainable" and will close next year, the carmaker announced Thursday, blaming declining sales of gasoline engines and the end of a contract with Jaguar Land Rover. (Jacob King/PA via AP)
June 06, 2019 - 5:38 am
LONDON (AP) — A Ford engine plant in Wales that employs 1,700 people is "economically unsustainable" and will close next year, the carmaker announced Thursday. The company blamed declining sales of gasoline engines and the end of a contract with Jaguar Land Rover for the closure, due in September...
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FILE - In this May 28, 2019, file photo, the Fiat Chrysler Automobiles logo appears above a post on the floor of the New York Stock Exchange. Japanese automaker Nissan wasn’t consulted about a proposed merger between its French alliance partner Renault and Fiat Chrysler and has little say over the issue. Partnering with a colossal Renault-Fiat Chrysler could help Nissan slash costs on shared components and research. (AP Photo/Richard Drew, File)
June 06, 2019 - 1:49 am
PARIS (AP) — The surprising collapse of a proposal to merge Fiat Chrysler and Renault weighed heavily on the companies' shares Thursday, with all sides casting blame for the unravelling of what had appeared like a done deal to create the world's third-largest automaker. The French government, which...
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June 05, 2019 - 7:40 pm
DETROIT (AP) — Fiat Chrysler's U.S. sales chief is suing the company, alleging that it withheld 90% of his pay package because he testified in a government inquiry of sales reporting practices. Reid Bigland, who has been with the company for 22 years, alleges that Fiat Chrysler Automobiles violated...
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In this Thursday, March 8, 2018 photo an employee works on a Volkswagen car during a final quality control at the Volkswagen plant in Wolfsburg, Germany. Automaker Volkswagen is ruling out compulsory layoffs at its core brand’s German plants for the next 10 years even as it looks for cost cuts and adapts to increasing digitalization. (AP Photo/Michael Sohn)
June 05, 2019 - 1:43 am
BERLIN (AP) — Automaker Volkswagen is ruling out compulsory layoffs at its core brand's German plants for the next 10 years even as it looks to cut costs and adapts to increasing digitalization. The company said Wednesday up to 4,000 jobs in non-production areas won't be restaffed over the coming...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, June 5, 2019. Shares surged Wednesday in Asia following a rally on Wall Street spurred by signs the Federal Reserve is ready to cut interest rates to support the U.S. economy against risks from escalating trade wars.(AP Photo/Eugene Hoshiko)
June 05, 2019 - 12:11 am
BANGKOK (AP) — Shares surged Wednesday in Asia following a rally on Wall Street spurred by signs the Federal Reserve is ready to cut interest rates to support the U.S. economy against risks from escalating trade wars. But most markets gave back some gains after the World Bank said it was...
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This photo taken on Thursday, Jan. 24, 2019 show a Ranult car parking outside the French carmaker headquarters in Boulogne-Billancourt, outside Paris, France. French carmaker Renault looks set to give its approval to Fiat Chrysler's merger offer. The company's board is meeting Tuesday afternoon at its headquarters to decide on a deal that could reshape the global auto industry. (AP Photo/Christophe Ena)
June 04, 2019 - 11:59 pm
PARIS (AP) — France's finance minister says Renault and Fiat Chrysler shouldn't rush into a merger. Bruno Le Maire said Wednesday on BFM television that the government is keeping up pressure on both carmakers to accept French government conditions for the proposed tie-up. The French state is...
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FILE - In this Feb. 14, 2019, file photo, this is the Fiat logo is mounted on a 2019 500 L on display at the 2019 Pittsburgh International Auto Show in Pittsburgh. French carmaker Renault looks set to give its approval to Fiat Chrysler's merger offer. The company's board is meeting Tuesday June 4, 2019 afternoon at its headquarters outside Paris to decide on a deal that could reshape the global auto industry. (AP Photo/Gene J. Puskar, File)
June 04, 2019 - 9:55 am
PARIS (AP) — The Latest on Fiat Chrysler's proposal to merge with Renault (all times local): 6:50 p.m. Renault is delaying a decision on whether to launch exclusive merger talks with Fiat Chrysler. Renault's board said Tuesday after meeting at its headquarters near Paris that it will meet again...
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FILE - In this May 28, 2019, file photo specialist Peter Mazza, left, and trader Stephen Gilmartin work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 31. (AP Photo/Richard Drew, File)
May 31, 2019 - 8:55 am
NEW YORK (AP) — Stocks tumbled on Wall Street Friday after the U.S. announced plans to expand its trade war to Mexico. The slump all but guarantees the market will end May with its first monthly loss of 2019. The new front in the trade war is hitting automakers particularly hard. Many of them...
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May 30, 2019 - 2:29 pm
CHATTANOOGA, Tenn. (AP) — Tennessee Republican Gov. Bill Lee says he opposes a push by the United Auto Workers union to organize Volkswagen's lone U.S. plant in the state. The Times Free Press quoted Lee as saying Thursday that business recruitment will take a hit if employees at the Chattanooga...
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May 30, 2019 - 6:53 am
DETROIT (AP) — The U.S. government's highway safety agency is investigating whether a 5-year-old General Motors seat belt recall fixed the problem. The recall covered about 1.4 million Chevrolet Traverse, Buick Enclave, GMC Acadia and Saturn Outlook SUVs from the 2009 through 2014 model years. GM...
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