Latest Automobile manufacturing News
Mine OK'd in Trump's last days may boost Biden energy plan
CARSON CITY, Nev. (AP) — One of the keys to President Joe Biden’s $2 trillion clean energy plan could be a mineral that lies in a salt flat above a prehistoric volcano just south of the Oregon-Nevada line. But the question of how to extract lithium and whether former President Donald Trump’s...
Nissan commits to UK car plant after post-Brexit trade deal
LONDON (AP) — Japanese carmaker Nissan confirmed Friday that it will maintain its operations in Britain in the wake of the post-Brexit trade deal between the country and the European Union. The news was greeted by British Prime Minister Boris Johnson as a “great vote of confidence." The future of...
Biden's climate steps could have big impact on energy firms
NEW YORK (AP) — President Joe Biden has put his team to work reviewing dozens of actions taken by former President Donald Trump, aiming to reverse orders that he says harm the environment or endanger public health. For the energy and auto industries, the impact could be far-reaching. Biden aims to reduce...
Edmunds: Top automotive tech at CES 2021
The atmosphere at the 2021 Consumer Electronics Show, held virtually for the first time due to the pandemic, struck a different tone than in years past. Without hordes of tech-hungry onlookers jockeying for position through packed convention center halls, automakers appeared more reserved in their proclamations...
Japan shares fall on pandemic worries as rest of Asia rises
TOKYO (AP) — Asian shares were mostly higher Wednesday, ahead of Joe Biden's inauguration as U.S. president. Japan's benchmark lost early gains as worries grew about the surge in coronavirus cases. Japan's benchmark Nikkei 225 lost early gains to slip 0.4% in morning trading to 28,515.21. Australia's...
US rejects Ford, Mazda requests to avoid Takata recalls
DETROIT (AP) — The U.S. government's highway safety agency has rejected a request from Ford and Mazda to avoid recalling about 3 million vehicles with potentially dangerous Takata air bag inflators. The National Highway Traffic Safety Administration said Tuesday the ammonium nitrate propellant used to...
GM teams up with Microsoft on driverless cars
SILVER SPRING, Md. (AP) — General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. In the partnership announced Tuesday, the companies said Microsoft’s Azure cloud and edge computing platform would be used to “commercialize its unique autonomous...
Stellantis CEO: New car company will protect jobs and brands
MILAN (AP) — The CEO of Stellantis, the carmaker created from the merger of PSA Peugeot and Fiat Chrysler, said Tuesday that the tie-up will help preserve jobs, factories and the 14 storied brands as billions in annual savings are achieved. Carlos Tavares told a virtual press conference just days after...
European car sales suffer worst plunge ever in pandemic
MILAN (AP) — European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry. New car registrations sank by 23.7%, or 3 million vehicles, to 9.9 million units, according to new figures released Tuesday by the European Automobile...
Carmaker Stellantis shares jump in Milan, Paris on first day
MILAN (AP) — Stellantis, the car company combining PSA Peugeot and Fiat Chrysler, was launched Monday on the Milan and Paris stock exchanges, giving life to the fourth-largest auto company in the world. Stellantis shares rallied 7.6% in Milan to 13.53 euros ($16.32). CEO Carlos Tavares said during a...
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