Tag: Automobile manufacturing
Biden plan would pick winners, losers in move to green jobs
WASHINGTON — In Georgia, school bus-maker Blue Bird has visions of going from selling a few hundred electric buses annually to 15,000. In Michigan,...
Tesla to stop accepting Bitcoin for car payments
Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, citing environmental concerns.
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New Ford models can get over-the-internet software updates
DEARBORN, Mich. — Ford says it is starting to send out over-the-internet software updates to some of its newer models as it moves to...
Japan’s Toyota says profit soared in Jan-March amid pandemic
TOKYO — Toyota reported Wednesday its profit more than doubled in January-March from a year earlier to 777 billion yen ($7 billion), as the...
Japan’s Nissan sees smaller loss, promises sales recovery
TOKYO — Nissan reduced its losses in the January-March quarter as restructuring efforts kicked in, despite damage to sales from the coronavirus pandemic, the...
Sentence next for ex-UAW leader who embezzled, lived large
DETROIT — A welder who rose from the factory floor to become president of a venerable U.S. labor union is facing a prison term...
China propels BMW to strong profits, Germany lags
FRANKFURT, Germany — Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the year...
NASCAR returns to roots with sleek new pony cars for 2022
CHARLOTTE, N.C. — Chase Elliott, Joey Logano and Denny Hamlin drove their sporty new pony cars through the smoke and lights of the fog...
Volkswagen profits jump as China leads pandemic rebound
FRANKFURT, Germany — Volkswagen Group's after-tax profit rebounded strongly to 3.4 billion euros ($4.1 billion) in the first three months of the year as...
Stellantis CFO: Chip shortage impact remains ‘controlled’
MILAN — The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported Wednesday a 14% increase in...