Wednesday, August 16, 2017

Automotive industry

In this Friday, April 14, 2017, file photo, an SUV drives past electric cars parked at a charging station outside a residential building in Beijing.

BY DEE-ANN DURBIN DETROIT (AP) — Around the world, support is growing for electric cars. Automakers are delivering more electric models with longer range and lower prices, such as the Chevrolet Bolt and the Tesla Model 3. China has set ...
Toyota Motor Corp. President Akio Toyoda, left, and Mazda Motor Corp. President Masamichi Kogai shake hands after a press conference in Tokyo Friday, Aug. 4, 2017.

BY TOM KRISHER and YURI KAGEYAMA TOKYO (AP) — Japanese automakers Toyota Motor Corp. and Mazda Motor Corp. plan to spend $1.6 billion to build a joint-venture auto manufacturing plant in the U.S. — a move that will create up ...
From right to left : Harald Krueger, CEO of German car maker BMW, Dieter Zetsche, chairman of German car maker Daimler AG and head of Mercedes-Benz cars and Matthias Mueller, CEO of German car maker Volkswagen have taken seat to attend a so-called diesel summit on Wednesday, Aug. 2, 2017 in Berlin.

BERLIN (AP) — German automakers are offering to fit over 5 million diesel cars in the country with updated software to reduce nitrogen oxide emissions, an industry group said Wednesday after meeting ministers and state governors. The figure given by ...
Hyundai Motor's new SUV Kona, center, is displayed at its showroom in Seoul, South Korea, Wednesday, July 26, 2017.

BY YOUKYUNG LEE SEOUL, South Korea (AP) — Hyundai Motor said Wednesday its quarterly profit was halved to its lowest level since 2010 as its auto sales in China and the U.S. plunged as the South Korean automaker paid dearly ...
In this Feb. 5, 2015 file photo the logo of a Mercedes car is photographed during an annual press conference of Daimler AG in Stuttgart, Germany.

BY DAVID McHUGH FRANKFURT, Germany (AP) — German automaker Daimler will voluntarily recall 3 million Mercedes-Benz brand cars with diesel engines in Europe to improve their emissions performance, the company said Tuesday, in the wake of widespread public debate over ...
Jeff Conrad, senior vice president of the Automobile Division of American Honda Motor Co., addresses the media during the introduction of the 2018 Honda Accord, Friday, July 14, 2017, in Detroit.

DETROIT (AP) — The latest version of Honda’s venerable Accord midsize car is lower, wider, lighter and sleeker than its predecessor, and the company says it’s faster and handles better. But no matter how nice it looks, how well it ...
In this Saturday, June 24, 2017, photo, a Tesla car recharges at a charging station at Cochran Commons shopping center in Charlotte, N.C.

After three months as the nation’s most valuable automaker, a bad week in an otherwise stellar year has knocked Tesla from the top perch. Tesla’s growth remains stellar, with shares soaring close to 50 percent this year, twice that at ...
Volvo Cars CEO Hakan Samuelsson during an interview with TT News Agency at Volvo Cars Showroom in Stockholm, Sweden, Wednesday, July 5, 2017.

BY MATTI HUUHTANEN HELSINKI (AP) — Volvo plans to build only electric and hybrid vehicles starting in 2019, making it the first major automaker to abandon cars and SUVs powered solely by the internal combustion engine. CEO Hakan Samuelsson said ...
In this March 31, 2016, file photo, Tesla Motors unveils the new lower-priced Model 3 sedan at the Tesla Motors design studio in Hawthorne, California.

NEW YORK (AP) — The first Tesla Model 3 electric car for the masses should come off the assembly line on Friday with the first deliveries in late July, the company’s CEO says. CEO Elon Musk, in several Twitter messages ...
In this Thursday, Jan. 12, 2017, photo, Chevrolet cars sit on the lot of a dealer in Pittsburgh. On Monday, July 3, 2017, automakers release monthly sales reports.

BY TOM KRISHER DETROIT (AP) —€” U.S. sales at General Motors and Ford each fell about 5 percent last month, but the three largest Japanese automakers reported sales increases. The results early Monday could counter analyst predictions that sales will ...
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