Latest Automobile manufacturing News

FILE - In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)

German court halts site preparation for Tesla factory

Feb. 16, 2020 4:28 PM EST

A German court has temporarily halted the site preparation for Tesla Inc.'s first electric car factory in Europe. The Higher Administrative Court for Berlin-Brandenburg ordered Tesla to stop clearing trees on the wooded site near Berlin until it considers an environmental group's appeal. In a statement Sunday,...

In this photo taken Tuesday, Feb. 11, 2020, a woman walks past Lunar New Year decor and shuttered bars at a retail district in Beijing, China. Millions of Chinese workers and entrepreneurs are bearing the rising costs of an anti-virus campaign that has shut down large sections of the economy. The government has imposed restrictions nationwide that have stalled travel and sales of real estate and autos. (AP Photo/Ng Han Guan)

Cost of China's anti-virus fight rises with workers idle

Feb. 15, 2020 9:28 PM EST

BEIJING (AP) — Real estate agent Du Xuekun’s sales usually jump after the Lunar New Year holiday. But this year, Du has been at home for a month with no income after vast swathes of China’s economy were shut down in a sweeping effort to contain a virus outbreak. Du, who lives in Jiaozhuo,...

Christopher Bell (95), Kyle Busch (18), Denny Hamlin (11), Martin Truex Jr. (19) and Erik Jones (20) draft each other during a practice session for the NASCAR Daytona 500 auto race Friday, Feb. 14, 2020, at Daytona International Speedway in Daytona Beach, Fla. (AP Photo/Chris O'Meara)

Manufacturers to stick with brand loyalty in Daytona 500

Feb. 15, 2020 1:40 PM EST

DAYTONA BEACH, Fla. (AP) — After Joe Gibbs Racing swept last year’s Daytona 500 with a trio of Toyota drivers, Joey Logano angrily marched to the car of fellow Ford driver Michael McDowell and pointed at the blue oval. Logano’s message was clear to McDowell: If he couldn’t win the...

Trucks haul massive beams for rebuild of Mile Long Bridge

Feb. 15, 2020 9:38 AM EST

CHICAGO (AP) — Massive concrete beams destined for the Mile Long Bridge along the Tri-State Tollway's heaviest-traveled section are getting police escorts from a Wisconsin factory to a tollway plaza in Chicago's southwest suburbs. Transport trucks hauling the 187-foot-long (57-meter-long) beams, each...

New virus affects supply at Fiat Chrysler's Serbia plant

Feb. 14, 2020 2:52 PM EST

MILAN (AP) — Fiat Chrysler said Friday it is temporarily shutting down its plant in Serbia due to supplier issues linked to the new virus outbreak in China. Fiat Chrysler said it had rescheduled planned downtime at the Kragujevac plant in southern Serbia, where it builds the 500L passenger car,...

Michigan facility to close after promised $22M in investment

Feb. 14, 2020 1:00 PM EST

CAPAC, Mich. (AP) — A company that makes automobile parts plans to shut down a plant in Michigan next year, after promising to invest $22 million into a new facility that would have provided 260 jobs. Keihin North America announced the decision in a news release. The company said it has not been able to...

File---Picture taken on Nov.4, 2019 shows the VW logo on a car at a VW factory opening ceremony for electric cars in Zwickau,  Germany. (Sebastian Willnow/dpa via AP)

Volkswagen offers 830 mln-euro diesel settlement in Germany

Feb. 14, 2020 10:23 AM EST

Automaker Volkswagen has offered 830 million euros as a settlement for owners of diesel vehicles that used software to mask excessive emissions. The company said Friday it was making the offer after talks broke down with a German consumer association that had been negotiating for a deal over fees for the...

Clotilde Delbos interim CEO of French carmaker Renault poses o a media conference in Paris, Friday, Feb. 14, 2020. France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies at a time when the market is shrinking.(AP Photo/Michel Euler)

Renault sales and earnings drop in tough market

Feb. 14, 2020 5:36 AM EST

PARIS (AP) — France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking. The company said Friday that it sold 3.8 million vehicles last year, down 3.4%, with revenue dropping about the same rate...

FILE - In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)

Tesla offers $2B in added shares, discloses SEC subpoena

Feb. 13, 2020 12:49 PM EST

DETROIT (AP) — Tesla said that is selling $2 billion worth of additional stock, that its U.S. revenue fell last year and that securities regulators are scrutinizing its finances. All of the developments Thursday were disclosed in filings with U.S. Securities and Exchange Commission, which in December...

FILE - In this July 25, 2019, file photo, a man rides an escalator as Nissan vehicles are showcased in the Nissan Gallery in Yokohama, west of Tokyo. Nissan, reeling from a scandal over its former superstar executive Carlos Ghosn, sank into red ink in the latest quarter as its vehicle sales fell around the world, and the Japanese automaker slashed its profit forecast for the year.  (AP Photo/Jae C. Hong, File)

Scandal-hit Nissan sinks into losses as sales plummet

Feb. 13, 2020 5:32 AM EST

TOKYO (AP) — Nissan, reeling from a scandal over its former superstar executive Carlos Ghosn, sank into red ink in the latest quarter as its vehicle sales fell around the world, and the Japanese automaker slashed its profit forecast for the year. Nissan Motor Co. reported Thursday a loss of 26 billion yen...