Automobile manufacturing

FILE - In this May 1, 2015, file photo Ford Focus vehicles are seen on a storage lot in Ypsilanti, Mich. Ford is extending the warranties on about 560,000 small cars to cover a litany of problems with a troubled six-speed automatic transmission. The latest move covers 2014 through 2016 model year Focuses built before Nov. 5, 2015, as well as 2014 and 2015 Fiestas built before Oct. 15, 2014. (AP Photo/Carlos Osorio, File)
August 14, 2019 - 10:53 am
DETROIT (AP) — Ford is extending the warranties on about 560,000 small cars in the U.S. and Canada to cover a litany of problems with a troubled six-speed automatic transmission. The company has faced a string of lawsuits and complaints about the transmissions, which can lurch into gear or feel...
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FILE - In this July 19, 2019, file photo, James Hinchcliffe stands next to his car during qualifying for the IndyCar Series auto race at Iowa Speedway in Newton, Iowa. McLaren will return to full-time IndyCar competition next season for the first time since 1979 in a partnership with existing team Arrow Schmidt Peterson Motorsports. The new venture will be renamed Arrow McLaren Racing SP and rely on Arrow SPM's current infrastructure.(AP Photo/Charlie Neibergall, File)
August 09, 2019 - 10:41 am
McLaren will return to full-time IndyCar competition next season for the first time since 1979 in a partnership with existing team Arrow Schmidt Peterson Motorsports. The new venture will be renamed Arrow McLaren Racing SP and rely on SPM's current infrastructure. McLaren will be responsible for...
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August 02, 2019 - 5:55 pm
SACRAMENTO, Calif. (AP) — A coalition of states sued the Trump administration Friday for the second time to block a planned reduction in the penalties automakers pay when they fail to meet fuel economy standards. Twelve states and the District of Columbia sued the National Highway Traffic Safety...
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August 02, 2019 - 7:11 am
MILAN (AP) — Ferrari says second-quarter profits rose 14% on higher deliveries, driven by its Portofino and 812 Superfast brands. The Italian luxury sports car manufacturer said Friday that net profit in three months to end-June came in at 184 million euros ($204 million), up from 160 million in...
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In this July 31, 2019, photo, people walk past a Honda car on display at Honda Motor Co. headquarters in Tokyo. Japanese automaker Honda reported Friday, Aug. 2, a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. (AP Photo/Koji Sasahara)
August 02, 2019 - 3:31 am
TOKYO (AP) — Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, while rival Honda reported a 29% decline in fiscal first quarter profit. Both Japanese automakers on Friday lowered their profit forecasts for the fiscal year, blaming an unfavorable foreign exchange...
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August 02, 2019 - 2:51 am
TOKYO (AP) — Japanese automaker Honda reported Friday a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. Tokyo-based Honda Motor Co.'s April-June profit totaled 172.3 billion yen ($1.6 billion), down from...
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August 02, 2019 - 1:09 am
TOKYO (AP) — Toyota has reported a nearly 4% increase in fiscal first quarter profit on improved sales, but the Japanese automaker slightly lowered its full year forecasts because of unfavorable currency exchange rates. Toyota Motor Corp. reported Friday its April-June profit totaled 682.9 billion...
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FILE - In this July 16, 2019, file photo Chief Executive Officer Mary Barra speaks during the opening of contract talks with the United Auto Workers in Detroit. General Motors reports financial results Thursday, Aug. 1. (AP Photo/Paul Sancya, File)
August 01, 2019 - 9:33 am
DETROIT (AP) — General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by 1% in the second quarter. The Detroit automaker said it made $2.42 billion, or $1.66 per share, from April through June. Adjusting for...
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August 01, 2019 - 2:44 am
FRANKFURT, Germany (AP) — Luxury automaker BMW saw net profit fall 29% to 1.48 billion euros ($1.63 billion) in the second quarter from a year earlier as higher spending to develop new technologies and revamp factories weighed on the bottom line. The company said Thursday vehicles sales and revenue...
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FILE - In this July 22, 2019, file photo trader William Lawrence works on the floor of the New York Stock Exchange. U.S. stocks moved lower in early trading on Wall Street Monday, July 29, as investors pulled back after pushing stocks to record highs last week. (AP Photo/Richard Drew, File)
July 29, 2019 - 4:54 pm
Major U.S. stock indexes closed mostly lower Monday as investors turned cautious ahead of a key Federal Reserve interest policy announcement and other potentially market-moving developments on tap for this week. Banks, retailers and communications companies took the brunt of the selling. Those...
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