Automobile manufacturing

FILE - This May 8, 2018, file photo Republican Senate candidate Mike Braun thanks supporters after winning the republican primary in Whitestown, Ind. One of the chief suppliers for a line of trademarked auto parts sold by Indiana Senate candidate Mike Braun laid off more than 200 American workers and shipped their jobs to Asia. Braun has ignored outsourcing questions. Instead, he attacks his rival, Democratic Sen. Joe Donnelly, for once owning stock in a family business that has a factory in Mexico. (AP Photo/Michael Conroy, File)
August 23, 2018 - 12:43 pm
INDIANAPOLIS (AP) — Layoffs came in waves at Westin Automotive's Minnesota plant as production shifted to low-wage factories in Asia, ultimately pushing more than 200 U.S. workers — many over age 50 — out of once-reliable jobs. Despite the move a decade ago, Westin remains a chief supplier of auto...
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FILE - In this March 9, 2013, file photo, Electric car maker Tesla’s CEO Elon Musk gives the opening keynote at the SXSW Interactive Festival in Austin, Texas. Musk has admitted in a wide-ranging interview with The New York Times that stress is taking a heavy toll in what he calls an “excruciating year.” In the newspaper’s account of the interview, published Friday, Musk said he was working up to 120 hours a week and sometimes takes Ambien to get to sleep. (AP Photo/Jack Plunkett, File)
August 17, 2018 - 9:39 am
NEW YORK (AP) — The Latest on Tesla CEO Elon Musk (all times local): 9:35 a.m. Tesla shares are falling as investors deal with another surprising development surrounding CEO Elon Musk. Musk admitted in an interview with The New York Times that stress is taking a heavy toll on him. The company has...
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August 15, 2018 - 6:53 pm
SAN FRANCISCO (AP) — Government regulators have subpoenaed Tesla as they dig deeper into CEO Elon Musk's recent disclosure about a potential buyout of the electric car maker, according to media reports. The subpoena from the Securities and Exchange Commission demands information from each of Tesla'...
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South Korean Minister of Land Infrastructure and Transport, Kim Hyun-mee, center, speaks at a press conference at the government complex in Seoul, South Korea, Tuesday, Aug. 14, 2018. South Korea will ban driving recalled BMWs that haven't received safety checks following dozens of fires the German automaker has blamed on a faulty exhaust gas component. (Kim Seung-doo/Yonhap via AP)
August 14, 2018 - 5:10 am
SEOUL, South Korea (AP) — South Korea will ban driving recalled BMWs that haven't received safety checks following dozens of fires the German automaker has blamed on a faulty exhaust gas component. South Korea's Ministry of Land, Infrastructure and Transport said Tuesday the ban taking effect...
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FILE- In this June 14, 2018, file photo Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Musk says he's in talks with the Saudi Arabian sovereign wealth fund about taking the electric car and solar panel maker private, but no deal has been finalized. Musk says in a blog posted Monday, Aug. 13, that most of the funding would be in stock rather than debt. (AP Photo/Kiichiro Sato, File)
August 13, 2018 - 1:45 pm
DETROIT (AP) — Saudi Arabia's sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk's grand plan to take the company private, but the deal isn't done yet, Musk disclosed in a blog on Monday. The fund approached Musk about going private multiple times during the past two...
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In this Feb. 6, 2017, photo, workers assemble cars at the Dongfeng Honda automotive plant in Wuhan in central China's Hubei province. China's auto sales shrank by 5.3 percent in July 2018 from a year earlier as SUV demand sagged, adding to signs of economic malaise amid a tariff battle with Washington. (Chinatopix via AP)
August 10, 2018 - 5:50 am
BEIJING (AP) — China's auto sales shrank in July from a year earlier as SUV demand sagged, an industry group reported Friday, adding to signs of economic malaise amid a tariff battle with Washington. Sales of sedans, SUVs and minivans fell 5.3 percent from a year ago to 1.6 million in the biggest...
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Customers check out the Tesla X, at the Tesla showroom in Santa Monica, Calif., on Wednesday, Aug. 8, 2018. Board members at Tesla are evaluating CEO and Chairman Elon Musk's $72 billion proposal to take the electric car and solar panel maker private. Six of nine members said in a prepared statement Wednesday that Musk began talking with the board about the move last week. (AP Photo/Richard Vogel)
August 08, 2018 - 9:28 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk is seeking relief from the pressures of running a publicly held company with a $72 billion buyout of the electric car maker, but he may be acquiring new headaches with his peculiar handling of the proposed deal. Almost everything about the deal is outlandish...
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August 08, 2018 - 4:53 pm
NEW YORK (AP) — New York City is reining in the growth of Uber, Lyft and other app-based ride services with a temporary cap on new cars picking up fares. The City Council approved a package of bills Wednesday that included a one-year moratorium on new licenses for for-hire vehicles while the city...
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FILE - In this April 6, 2018, file photo, an employee walks past logos of the Samsung Electronics Co. at its office in Seoul, South Korea. Samsung Electronics says it will spend $22 billion over the next three years on artificial intelligence, auto components, and other future businesses. (AP Photo/Ahn Young-joon, File)
August 08, 2018 - 10:11 am
SEOUL, South Korea (AP) — Samsung Electronics plans to spend a whopping $22 billion over the next three years on artificial intelligence, auto components and other future businesses as the company maps out its strategy under the restored leadership of Vice Chairman Lee Jae-yong after he was freed...
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FILE- In this June 14, 2018, file photo Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Musk says he is considering taking the electric car maker private. Tesla’s stock spiked Tuesday, Aug. 7, after Musk made the abrupt announcement in a terse tweet. (AP Photo/Kiichiro Sato, File)
August 07, 2018 - 4:27 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk is considering leading a buyout of the electric car maker in a stunning move that would end the maverick company's eight-year history trading on the stock market. In his typically unorthodox fashion, the eccentric Musk dropped his bombshell on his Twitter...
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