Latest Automobile manufacturing News

Japan trade a problem for Trump, but not as bad as China

May. 24, 2019 10:13 PM EDT

TOKYO (AP) — When President Donald Trump visits Japan, he'll be able to point to Tokyo's streets to drive home a sore point in trade relations between the allies: the absence of made-in-USA vehicles. The $70 billion Japanese trade surplus with the U.S. is dwarfed by China's $379 billion surplus, and the...

Volkswagen names new chief executive at Tennessee plant

May. 24, 2019 4:39 PM EDT

CHATTANOOGA, Tenn. (AP) — German auto maker Volkswagen has named a new chief executive at its factory in Chattanooga, Tennessee, a company spokeswoman said Friday. Frank Fischer has been named the new CEO at the factory where 3,800 workers produce the Passat and Atlas vehicles, plant spokeswoman Amanda...

Tesla shares bounce on leaked memo about rising sales

May. 23, 2019 6:59 PM EDT

Shares of Tesla, suffering one of the worst stretches in company history, rebounded Thursday after CEO Elon Musk told employees that orders are up. The company's stock closed up 1.4% to $195.49 on a volatile day that started out with a loss. Tesla stock has shed 16% in the past three weeks and about 41% since the...

Germany's Bosch fined $100 million over diesel scandal

May. 23, 2019 7:28 AM EDT

BERLIN (AP) — German prosecutors have fined auto parts and technology company Bosch 90 million euros ($100 million) over its role in the diesel emissions scandal that erupted at Volkswagen in 2015. Prosecutors in Stuttgart said Thursday that the company, formally called Robert Bosch GmbH, was fined for a...

Kentucky state grants will use old tires to repave roadways

May. 23, 2019 5:12 AM EDT

FRANKFORT, Ky. (AP) — Kentucky's Division of Waste Management is giving grants to five counties to used recycled rubber tires to repave roadways. The $502,000 in grant funding will be used for rubber-modified asphalt projects that use crumb rubber manufactured from waste tires. The grants were announced by...

Union files for new vote at Volkswagen's Tennessee plant

May. 22, 2019 4:48 PM EDT

CHATTANOOGA, Tenn. (AP) — The United Auto Workers union filed a new petition Wednesday seeking to hold a vote on its representation of workers at a Tennessee Volkswagen plant, the same day the National Labor Relations Board dismissed a previous petition on a technicality. Volkswagen has said it is neutral...

Daimler CEO Zetsche hands off to successor amid tech change

May. 22, 2019 10:03 AM EDT

FRANKFURT, Germany (AP) — Daimler CEO Dieter Zetsche is handing off to his successor after 13 years at the helm warning that the company will need to cut costs to invest in new technologies that are transforming the industry. Zetsche, 66, received prolonged applause from shareholders at the company's...

Threat or promise? E-auto boom could cost industry jobs

May. 22, 2019 8:38 AM EDT

ZWICKAU, Germany (AP) — Over 115 years the auto industry in the east German town of Zwickau has lived through wrenching upheavals including World War II and the collapse of communism. Now the city's 90,000 people are plunging headlong into another era of change: top employer Volkswagen's total shift into...

Report: Many Uber, Lyft drivers fail to respond to recalls

May. 21, 2019 8:43 PM EDT

NEW YORK (AP) — One out of six Uber and Lyft drivers in the New York City and Seattle areas are driving vehicles with outstanding recalls, according to Consumer Reports. But taking a taxi or limousine isn't necessarily a safer option: nearly a quarter of traditional for-hire vehicles in New York City such...

Land deals, incentives OK'd for new auto plant in Detroit

May. 21, 2019 6:18 PM EDT

DETROIT (AP) — Fiat Chrysler can move forward with plans to build a new, $1.6 billion assembly plant in Detroit and invest $900 million to retool and modernize another. Land deals and community benefits agreements tied to the project were approved Tuesday by the Detroit City Council, shortly before...