Automotive services

In this Monday, Sept. 30, 2019, photo a row of Chevrolet Suburban vehicles are shown at Wally Edgar Chevrolet in Orion Township, Mich. The 16-day strike has cost GM just over $1 billion, JP Morgan analyst Ryan Brinkman estimated Tuesday in a note to investors. (AP Photo/Paul Sancya)
October 01, 2019 - 10:36 am
DETROIT (AP) — The 16-day strike by auto workers has cost General Motors about $1 billion, an analyst says, while a parts shortage forced the company to close pickup truck and transmission plants in Mexico. Spokesman Dan Flores confirmed that production at the factories in Silao, Mexico, ended...
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FILE - In this Jan. 2, 2014 file photo, a Fiat logo pictured on a car in Milan, Italy. Fiat Chrysler has agreed to pay $40 million to settle a complaint by securities regulators that it misled investors by overstating monthly sales numbers. (AP Photo/Antonio Calanni, File)
September 27, 2019 - 10:54 am
DETROIT (AP) — Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by overstating its monthly sales numbers over a five-year period. The Italian-American company inflated sales by paying dealers to report fake numbers from 2012 to...
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Mara Paulic, a 42-year GM employee, pickets outside the General Motors Fabrication Division, Monday, Sept. 23, 2019, in Parma, Ohio. The strike against General Motors by 49,000 United Auto Workers entered its second week Monday with progress reported in negotiations but no clear end in sight. (AP Photo/Tony Dejak)
September 25, 2019 - 5:34 am
DETROIT (AP) — As the United Auto Workers' strike against General Motors stretches into a second week, it's not just the company and striking workers getting pinched. With many replacement part warehouses shut down, dealers are beginning to run short of components to repair cars, trucks and SUVs...
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Republican Wisconsin state Sen. Chris Kapenga talks to reporters about his hobby of rebuilding Tesla vehicles during a news conference Wednesday, June 26, 2019, in Madison, Wisconsin. Kapenga says it has nothing to do with his support for the state budget that includes a provision that would allow the electric car manufacturer to sell its vehicles directly to consumers in Wisconsin. (AP Photo/Scott Bauer)
June 26, 2019 - 2:32 pm
MADISON, Wis. (AP) — Wisconsin Republicans passed a state budget Wednesday after winning a key legislator's support with a provision to allow Tesla to open dealerships in the state — a goal long pursued by the lawmaker, who sells rebuilt Tesla vehicles and parts. Sen. Chris Kapenga, a self-...
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FILE - In this May 19, 2019, file photo, a line of unsold 2019 Tucson sports-utility vehicles sits at a Hyundai dealership in Littleton, Colo. With the cost to own a new vehicle rising, it's more important than ever to consider what you’ll pay for a car loan and to shop for the best interest rate. (AP Photo/David Zalubowski, File)
June 06, 2019 - 7:41 am
With the cost to own a new vehicle rising, it's more important than ever to consider what you'll pay for a car loan and to shop for the best interest rate. The average new car loan interest rate reached 5.5% in 2018, up about one percentage point from the previous year, according to Ben Bartosch, J...
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FILE- In this March 14, 2019, file photo the Tesla Model Y is unveiled at Tesla's design studio in Hawthorne, Calif. Tesla, Inc. reports earnings Wednesday, April 24. (AP Photo/Jae C. Hong, File)
April 24, 2019 - 4:55 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk had prepped Wall Street for a first quarter loss but analysts were still stunned by its size: $702.1 million, among the company's worst quarters in the past two years. The net loss was more than double what analysts had predicted as Tesla's sales slumped 31...
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In this Thursday, April 18, 2019, photo provided by Toyota Motor Corporation, from left, Denso Corp. Executive Vice President Hiroyuki Wakabayashi, Head of Uber ATG Eric Meyhofer, CEO of Uber Technologies, Inc. Dara Khosrowshahi, Toyota Executive Vice President Shigeki Tomoyama and Managing Partner of Softbank Vision Fund Ervin Tu attend a press conference at Uber headquarters in San Francisco. Japan's top automaker Toyota, auto parts maker Denso and internet company SoftBank's investment fund are investing $1 billion in car-sharing Uber's technology unit. (Toyota Motor Corporation via AP)
April 18, 2019 - 10:02 pm
TOKYO (AP) — Japan's top automaker Toyota, auto parts maker Denso and internet company SoftBank's investment fund are investing $1 billion in car-sharing Uber's technology unit. The Japanese companies said Friday that Toyota Motor Corp. and Denso Corp. will together invest $667 million and SoftBank...
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Lyft co-founders John Zimmer, front second from left, and Logan Green, front second from right, cheer as they as they ring a ceremonial opening bell in Los Angeles, Friday, March 29, 2019. On Friday the San Francisco company's stock will begin trading on the Nasdaq exchange under the ticker symbol "LYFT." (AP Photo/Ringo H.W. Chiu)
March 29, 2019 - 3:48 pm
SAN FRANCISCO (AP) — Lyft's shares soared as the company went public Friday, giving investors their first chance to bet on the future of the ride-hailing industry. The stock opened at $87.24, up 21 percent from its offering price of $72. It closed at $78.29, up 8.7 percent, giving the company a $27...
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File -- In this Friday, Feb. 22, 2019 photo Harald Krueger, left, CEO of the car manufacturer BMW, and Dieter Zetsche, right, CEO of the Daimler stock company and the car manufacturer Mercedes Benz, talk during a press conference in Berlin, Germany. Automakers BMW and Daimler said on Thursday, Feb 28, 2019 they will work together on developing the automated driving technology expected to transform the industry in the years ahead. (Bernd von Jutrczenka/dpa via AP, file)
February 28, 2019 - 2:36 am
FRANKFURT, Germany (AP) — BMW and Daimler announced Thursday they will work together on developing the automated driving technology expected to transform the industry in the years ahead as automakers try to fend off competition from tech companies such as Uber and Waymo. The two German companies...
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February 25, 2019 - 5:10 pm
NEW YORK (AP) — Jerry Seinfeld sued a California dealer in classic cars Monday, saying the company has left the comedian stranded in a dispute over whether a 1958 Porsche he sold is authentic. Seinfeld sought unspecified damages in his lawsuit in Manhattan federal court from European Collectibles...
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