Friday, April 28, 2017

Automotive industry

In this April 25, 2017, photo, a GMC truck sits in a General Motors dealer's lot in Nashville, Tenn. General Motors Co. reports financial results, Friday, April 28, 2017. (AP Photo/Mark Humphrey)

DETROIT (AP) — General Motors’ first-quarter profit rose 34 percent as the company’s strong truck and SUV lineup helped it increase U.S. sales when the rest of the industry is slowing. The Detroit automaker says its net income was $2.6 ...
In this Tuesday, April 18, 2017, photo, a white 2002 Honda Accord involved in a March 3, 2017, crash in which an exploding Takata air bag inflator badly injured the driver, Karina Dorado, sits in a driveway in Las Vegas. (AP Photo/Ken Ritter)

BY TOM KRISHER and KEN RITTER LAS VEGAS (AP) — A Nevada crash that nearly killed a young woman has exposed a hole in the government’s efforts to get dangerous Takata air bag inflators off the road: There’s nothing that ...
In this Oct. 5, 2015, file photo, the VW sign of Germany's Volkswagen car company is displayed at the building of a company's retailer in Berlin. Volkswagen is scheduled to present its third quarter figures Thursday, Oct. 27, 2016. (AP Photo/Markus Schreiber, File)

FRANKFURT, Germany (AP) — German automaker Volkswagen is reporting better-than-expected operating earnings for the first quarter thanks to cost controls and a stronger contribution from its core brand, which was boosted by new models including the Tiguan SUV. The company ...
In a Thursday, Sept. 29, 2016 file photo, the logo of Japanese car manufacturer Toyota is displayed behind members of the media Toyota at the Paris Auto Show in Paris, France. (AP Photo/Christophe Ena, File)

BY BRUCE SCHREINER and TOM KRISHER LOUISVILLE, Ky. (AP) — Toyota said Monday it is investing $1.33 billion to retool its sprawling factory in Georgetown, Kentucky, where the company’s flagship Camry sedans are built. No new factory jobs are being ...
In this Friday, April 7, 2017, photo, a prototype of the Ford Fusion police hybrid car sits along 11th Avenue in New York. (AP Photo/Julie Jacobson)

BY TOM KRISHER and MIKE HOUSEHOLDER DEARBORN, Mich. (AP) — The next time the cops chase you down for speeding, they could be driving a fuel-efficient gas-electric hybrid. Ford Motor Co., which sells more police cars in the U.S. than ...
This Feb. 14, 2013, file photo shows a Honda logo on the trunk of a Honda automobile at the Pittsburgh Auto Show, in Pittsburgh. (AP Photo/Gene J. Puskar, File)

BY YURI KAGEYAMA TOKYO (AP) — Japanese automaker Honda said Friday it was recalling 37,000 vehicles in the U.S. to check if replacement air bags contain the recalled Takata inflators that may have been installed prior to the massive Takata ...
In a Sept. 29, 2015 file photo, Elon Musk, CEO of Tesla Motors Inc., talks about the Model X car at the company's headquarters, in Fremont, Calif. (AP Photo/Marcio Jose Sanchez, File)

PALO ALTO, Calif. (AP) — Electric car maker Tesla Inc. says it delivered a record 25,000 vehicles in the first quarter, up 69 percent from the same period last year. Tesla said Sunday that it delivered about 13,450 Model S ...
This Thursday, Nov. 19, 2015, file photo, shows a blue oval Ford sign above the entrance to Butler County Ford in Butler, Pa. (AP Photo/Keith Srakocic, File)

TOM KRISHER DETROIT (AP) — Ford is recalling more than 570,000 vehicles in North America and Europe to fix separate problems that can cause engine fires and doors to fly open unexpectedly. The recalls will hit the company’s bottom line ...
A BMW 530e iPerformance car is pictured during the earnings press conference in Munich, Germany, Tuesday, March 21, 2017. (AP Photo/Matthias Schrader)

FRANKFURT, Germany (AP) — German automaker BMW is forecasting increased sales and profits this year as it begins the rollout of some 40 new models and aims to sell 100,000 electric-powered cars. The company said Tuesday it expects “a slight ...
Carlos Tavares, CEO of PSA, left, and GM CEO Mary Barra pose for photographers before addressing the media in Paris, France, Monday, March 6, 2017. (AP Photo/Zacharie Scheurer)

BY ANGELA CHARLTON and TOM KRISHER PARIS (AP) — General Motors is selling its unprofitable European car business to the French maker of Peugeot, marking the American company’s retreat from a major market and raising concerns of job cuts in ...
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