Automobile manufacturing

Co-chairs of the Special Committee for Improving Governance, Seiichiro Nishioka, left, and Sadayuki Sakakibara, right, attend a press conference in Yokohama, near Tokyo Wednesday, March 27, 2019. Nissan’s committee, set up to strengthen corporate governance after the arrest of former Chairman Carlos Ghosn, is recommending the Japanese automaker add more independent outside directors on its board and better oversee compensation and auditing. (AP Photo/Eugene Hoshiko)
March 27, 2019 - 9:06 am
YOKOHAMA, Japan (AP) — A Nissan committee set up to strengthen corporate governance after the arrest of former Chairman Carlos Ghosn said Wednesday an investigation found he had wielded too much power and recommended the scandal-hit Japanese automaker add more independent outside directors to its...
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General Motors Chairman and CEO Mary Barra waves before announcing the company investment of $300 million in its Orion Township, Mich., assembly plant to produce a new Chevrolet electric vehicle, Friday, March 22, 2019, in Orion Township, Mich. (AP Photo/Carlos Osorio)
March 22, 2019 - 12:42 pm
ORION TOWNSHIP, Mich. (AP) — Less than a week after a series of critical tweets from the president over an Ohio plant closure, General Motors is announcing plans to add 400 jobs and build a new electric vehicle at a factory north of Detroit. The company says it will spend $300 million at its plant...
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FILE- In this Sunday, Feb. 17, 2019, file photo the company logo is displayed on the grille of an unsold 2019 F150 pickup truck at a Ford dealership in Broomfield, Colo. Ford Motor Co. says its chief financial officer, Bob Shanks, will retire in December, capping a 42-year career at the automaker. The Detroit company on Thursday, March 21, said that Tim Stone will succeed Shanks as chief financial officer. (AP Photo/David Zalubowski, File)
March 21, 2019 - 10:23 am
Ford Motor Co. said its chief financial officer, Bob Shanks, will retire in December, capping a 42-year career at the automaker. The Dearborn, Michigan-based company on Thursday said that Tim Stone will succeed Shanks as chief financial officer. Stone will come to Ford in April and takes over as...
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FILE- This Feb. 15, 2018, file photo shows a Ford logo on the grill of a car on display at the Pittsburgh Auto Show. Ford Motor Co. is repackaging a previously announced manufacturing investment in the Detroit area and now says it will spend $900 million and create 900 new jobs over the next four years. Most of the new workers will build a new generation of electric vehicle at Ford’s existing factory in Flat Rock, Michigan, south of Detroit, which will see an $850 million investment. (AP Photo/Gene J. Puskar, File)
March 20, 2019 - 1:40 pm
DETROIT (AP) — Ford Motor Co. is repackaging a previously announced $900 million manufacturing investment in the Detroit area, boosting the number of jobs added from 850 to 900. Most of the new workers will build a new generation of electric vehicle at Ford's existing factory in Flat Rock, Michigan...
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A BMWi car is pictured during the earnings press conference in Munich, Germany, Wednesday, March 20, 2019. (AP Photo/Matthias Schrader)
March 20, 2019 - 8:57 am
FRANKFURT, Germany (AP) — German automaker BMW said Wednesday that profits in 2019 would be "well below" last year's and that it planned to cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be eroded by higher raw...
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FILE- In a file photo from July 14, 2015, Norwood Jewell, Vice President of the Fiat Chrysler Automobiles US Department, United Auto Workers, during the opening of contract negotiations in Detroit. The former vice president has been charged with conspiracy in a scheme with Fiat Chrysler to buy meals, golf and other perks with money from the automaker. It's the latest development in the government's investigation of how officials at Fiat Chrysler and the UAW enriched themselves by using money set aside for a job-training center. The conspiracy charge against Jewell was filed Monday, March 18, 2019, as a criminal information, which means a guilty plea is likely. (AP Photo/Paul Sancya)
March 18, 2019 - 3:56 pm
DETROIT (AP) — A former vice president at the United Auto Workers was charged Monday in a scheme with Fiat Chrysler executives to buy meals, golf and other perks with the automaker's money — the highest-ranking official snagged in an investigation that has exposed corruption between labor and...
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March 17, 2019 - 8:39 pm
WASHINGTON (AP) — President Donald Trump stepped up his pressure on General Motors to reopen an Ohio manufacturing plant that recently closed and put 1,700 people out of work. Trump's arm-twisting came in a series of separate tweets on Saturday and Sunday . He capped his weekend rant against the GM...
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President Donald Trump and first lady Melania Trump, with Reverend Bruce McPherson, walk to their motorcade after attending service at Saint John's Church in Washington, Sunday, March 17, 2019, en route to the White House. (AP Photo/Carolyn Kaster)
March 17, 2019 - 4:49 pm
WASHINGTON (AP) — President Donald Trump spent St. Patrick's Day morning worshipping at the "Church of the Presidents" near the White House in between tweeting about everything from "Saturday Night Live" parodies of him to the late Sen. John McCain to the recent closure of a General Motors factory...
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FILE - In this Jan. 19, 2017 file photo Martin Winterkorn, former CEO of the German car manufacturer 'Volkswagen', arrives for a questioning at an investigation committee of the German federal parliament in Berlin, Germany. The Securities and Exchange Commission is charging Volkswagen and former CEO Martin Winterkorn with defrauding American investors during an emissions scandal. The SEC said that between April 2014 and May 2015 Volkswagen issued more than $13 billion in bonds and asset-backed securities in U.S. markets when senior executives knew that more than 500,000 vehicles in the country grossly exceeded legal vehicle emissions limits. (AP Photo/Michael Sohn, file)
March 15, 2019 - 7:44 am
WASHINGTON (AP) — U.S. regulators charged Volkswagen and former CEO Martin Winterkorn with defrauding investors during its massive diesel emissions scandal. The charges from the U.S. Securities and Exchange Commission come two years after the German automaker settled with the U.S. over criminal and...
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Tesla CEO Elon Musk jokingly motions to kick before introducing the Model Y at Tesla's design studio Thursday, March 14, 2019, in Hawthorne, Calif. The Model Y may be Tesla's most important product yet as it attempts to expand into the mainstream and generate enough cash to repay massive debts that threaten to topple the Palo Alto, Calif., company. (AP Photo/Jae C. Hong)
March 15, 2019 - 1:09 am
HAWTHORNE, Calif. (AP) — Tesla unveiled a new all-electric SUV on Thursday night that the automaker hopes will win over consumers looking for an all-electric alternative in the most popular segment of the auto market. Cheers from a hangar-packed crowd of Tesla customers, employees and members of...
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