Automobile manufacturing

FILE - In this May 12, 2016, file photo, head of Nissan Motor Co. Carlos Ghosn answers a question during their joint press conference in Yokohama, near Tokyo. Japanese media say Ghosn, Nissan Motor Co. chairman, is being questioned by Tokyo prosecutors on suspicion he falsified his financial reports. Nissan said Monday it was looking into the reports, while prosecutors declined comment.(AP Photo/Eugene Hoshiko, File)
November 19, 2018 - 7:38 pm
YOKOHAMA, Japan (AP) — Nissan Chairman Carlos Ghosn, who became one of the auto industry's most powerful executives by engineering a turnaround at the Japanese manufacturer, was arrested Monday and will be fired for allegedly underreporting his income and misusing company funds, the automaker said...
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FILE - In this Oct. 6, 2017, file photo, Renault and Nissan Motor Co.'s chairman Carlos Ghosn listens during a media conference outside Paris, France. Nissan Motor Co. says an internal investigation found that its chairman, Carlos Ghosn, has underreported his income. The auto company said he will be dismissed. (AP Photo/Michel Euler, File)
November 19, 2018 - 8:38 am
TOKYO (AP) — The Latest on Nissan Motor Co.'s chairman Carlos Ghosn and allegations he underreported income. (all times local): 10:30 p.m. Nissan Motor Co. CEO Hiroto Saikawa says the arrest of the Japanese automaker's chairman, Carlos Ghosn, shows power was too concentrated in one person. Saikawa...
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FILE - In this Wednesday, Aug. 1, 2018 file photo, the logo of Volkswagen is seen on top of a company building in Wolfsburg, Germany. German automaker Volkswagen. says it will invest 44 billion euros ($50 billion) in developing autonomous and electric cars. (AP Photo/Michael Sohn, file)
November 16, 2018 - 11:49 am
FRANKFURT, Germany (AP) — Volkswagen intends to invest 44 billion euros ($50 billion) in the electric and autonomous car technologies expected to reshape the industry — and said it would make battery-powered vehicles more accessible to mass-market auto buyers by selling its new I.D. compact for...
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FILE - This June 1, 2017, file photo shows a Walmart store in Hialeah Gardens, Fla. Ford and Walmart are partnering to test a self-driving grocery delivery service. Ford will work with Walmart to determine what goods it can feasibly transport and figure out what issues may need to be addressed to successfully deliver orders via self-driving vehicles. (AP Photo/Alan Diaz, File)
November 14, 2018 - 7:47 am
Ford and Walmart are teaming up to test a self-driving grocery delivery service. The pilot program in Miami-Dade County will use Postmates as its delivery partner to bring items such as groceries, diapers, pet food and other items to customers. The vehicles used will collect data about consumer...
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November 09, 2018 - 4:35 pm
NEW YORK (AP) — In a story Nov. 8 about Ford buying electric scooter company Spin, The Associated Press reported erroneously the owner of Ford Go Bike. Motivate owns the bike share system, not Ford, which is a lead sponsor. A corrected version of the story is below: Ford buys electric scooter...
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In this Oct. 31, 2018, photo, a staff members walks past a semi truck loaded with new vehicles in the parking lot for a local automaker in Qingdao in eastern China's Shandong province. China's auto sales sank for a fourth month in October, tumbling 13 percent from a year earlier and adding to an unexpectedly painful downturn for global automakers in their biggest market. (Chinatopix via AP)
November 09, 2018 - 4:36 am
BEIJING (AP) — China's auto sales sank for a fourth month in October as an unexpectedly painful slump in the global industry's biggest market deepened. Purchases of SUVs, sedans and minivans contracted 13 percent from a year earlier to just over 2 million units, the China Association of Auto...
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FILE- This June 14, 2018, file photo shows a Nissan logo at the automaker's showroom in Tokyo. Japanese automaker Nissan is reporting an 8 percent fall in profit for the latest quarter as declining sales offset the benefits of cost cuts. Nissan Motor Co. reported a July-September profit of 130.4 billion yen ($1.1 billion) Thursday, Nov. 8, 2018, down from 141.6 billion yen the same period a year earlier.(AP Photo/Shuji Kajiyama, File)
November 08, 2018 - 3:58 am
TOKYO (AP) — Japanese automaker Nissan reported Thursday an 8 percent fall in profit for the latest quarter as declining sales offset the benefits of cost cuts. Nissan Motor Co.'s July-September profit totaled 130.4 billion yen ($1.1 billion) Thursday, down from 141.6 billion yen the same period a...
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November 07, 2018 - 5:43 am
FRANKFURT, Germany (AP) — Germany luxury automaker BMW said Wednesday that its net profit fell 24 percent in the third quarter as the company spent more on new technology and faced market disruptions due to other companies failing to get vehicles certified in time for new European Union emissions...
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In this Nov. 13, 2017, photo, visitors take a look at Toyota cars at the automaker's showroom in Tokyo. Toyota Motor Corp. has raised its earnings forecast after reporting that its profit surged 28 percent in the last quarter on growing sales and cost cuts. The top Japanese automaker said Tuesday, Nov. 6, 2018, that its July-September profit was 585.1 billion yen ($5.2 billion), up from 458.3 billion yen the year before (AP Photo/Koji Sasahara)
November 06, 2018 - 3:54 am
TOKYO (AP) — Toyota Motor Corp. reported a 28 percent surge in its net profit in the last quarter, helped by growing sales in Europe, Asia and the Americas, and raised its earnings forecast for the full year. The top Japanese automaker said Tuesday that its July-September profit totaled 585.1...
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November 05, 2018 - 7:35 am
MILAN (AP) — Ferrari says its net earnings doubled in the third quarter thanks mostly to one-off tax benefit. The sports car maker said Monday that net earnings were 287 million euros ($327 million) compared with 141 million euros a year earlier. The company said earnings grew 5 percent when...
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