Automobile manufacturing

President Donald Trump arrives at John F. Kennedy Airport Thursday, May 16, 2019, in New York. Trump is in New York for a fundraiser. (AP Photo/Evan Vucci)
May 17, 2019 - 4:14 pm
WASHINGTON (AP) — Bogged down in a sprawling trade dispute with U.S. rival China, President Donald Trump took steps Friday to ease tensions with America's allies — lifting import taxes on Canadian and Mexican steel and aluminum and delaying auto tariffs that would have hurt Japan and Europe. By...
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FILE - In this May 9, 2019, file photo traders Gregory Rowe and Benjamin Tuchman work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, May 15. (AP Photo/Richard Drew, File)
May 15, 2019 - 12:12 pm
NEW YORK (AP) — Stocks shook off an early slump and marched higher in afternoon trading Wednesday, led by solid gains in Microsoft, Facebook and Google. The flip-flop marked the latest reversal for a stock market that has been whipsawed by worries over the worsening trade relationship between China...
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FILE - In this July 5, 2018, file photo workers assemble the Afloat water mattresses at the factory in Corona, Calif. On Wednesday, May 15, 2019, the Federal Reserve reports on U.S. industrial production for April. (AP Photo/Chris Carlson, File)
May 15, 2019 - 8:17 am
WASHINGTON (AP) — U.S. industrial production fell in April, dragged by a big drop in factory output as production of autos and auto parts continued to slide. The Federal Reserve says industrial output — reflecting total production at factories, utilities and mines — dropped 0.5% in April after a 0...
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Nissan Motor Co. Chief Executive Hiroto Saikawa speaks during a press conference at its Global Headquarters in Yokohama, near Tokyo Tuesday, May 14, 2019. Japanese automaker Nissan, reeling from the arrest of its former Chairman Carlos Ghosn, reported Tuesday that annual profit nose-dived to less than half of what it earned the previous year, and forecast even dimmer results going forward.(AP Photo/Koji Sasahara)
May 14, 2019 - 8:31 am
TOKYO (AP) — Japanese automaker Nissan, reeling from the arrest of its former chairman Carlos Ghosn, reported Tuesday that its annual profit nose-dived to less than half of what it earned the previous year, and forecast even dimmer results going forward. Nissan Motor Co.'s profit for the fiscal...
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A worker walks near truck trailers and cargo containers, Friday, May 10, 2019, at the Port of Tacoma in Tacoma, Wash. U.S. and Chinese negotiators resumed trade talks Friday under increasing pressure after President Donald Trump raised tariffs on $200 billion in Chinese goods and Beijing promised to retaliate. (AP Photo/Ted S. Warren)
May 11, 2019 - 5:36 am
WASHINGTON (AP) — The Latest on the tariffs standoff between the United States and China (all times local): 6:40 a.m. Chinese Vice Premier Liu He says trade talks with the United States have not broken down. Hong Kong's Phoenix TV on Saturday showed Liu telling reporters that the failure to reach...
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Treasury Secretary Steve Mnuchin, second from left, and United States Trade Representative Robert Lighthizer, right, speak with Chinese Vice Premier Liu He, left, as he departs the Office of the United States Trade Representative in Washington, Friday, May 10, 2019. (AP Photo/Andrew Harnik)
May 10, 2019 - 10:08 pm
WASHINGTON (AP) — Trade talks between the U.S. and China broke up Friday with no agreement, hours after President Donald Trump more than doubled tariffs on $200 billion in Chinese imports. Trump asserted on Twitter that there was "no need to rush" to get a deal between the world's two biggest...
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Ohio Gov. Mike DeWine speaks on the cellphone with GM CEO Mary Barra, Wednesday, May 8, 2019, at the Ohio Statehouse in Columbus, about the company's plans to sell its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks. DeWine, a Republican, said he wanted to hear more details about the plan, including the reaction of the UAW, but said the potential project was better than the plant sitting idle. (AP Photo/Andrew Welsh-Huggins)
May 08, 2019 - 12:36 pm
DETROIT (AP) — General Motors is negotiating the sale of its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks. The company confirmed Wednesday that it's in talks with Cincinnati-based Workhorse Group to sell the huge facility, and also announced plans to invest $700...
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FILE - In this Jan. 16, 2019, file photo, Cruise AV, General Motor's autonomous electric Bolt EV is displayed in Detroit. A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors. GM announced the investment from a group led by T. Rowe Price on Tuesday, May 7, and said it included money from GM, Honda and Japanese tech investment firm SoftBank. (AP Photo/Paul Sancya, File)
May 07, 2019 - 9:12 am
DETROIT (AP) — A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors. GM announced the investment from a group led by T. Rowe Price on Tuesday and said it included money from GM, Honda and Japanese tech investment firm SoftBank...
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FILE-In this March 21, 2018 file photo shows the logo of German car manufacturer BMW visible at the headquarters in Munich, Germany. German automaker BMW said Tuesday that its first quarter profit sagged by 74 percent as earnings were hit by a 1.4 billion-euro ($1.6 billion) set-aside for an anti-trust fine from the European Commission and by higher up-front costs for new technology and factories.(AP Photo/Matthias Schrader)
May 07, 2019 - 4:14 am
FRANKFURT, Germany (AP) — BMW lost money making cars in the first quarter as its automotive division was hit by a 1.4 billion-euro ($1.6 billion) set-aside for an anti-trust fine from the European Commission and by higher up-front costs for new technology and factories. The fine and investment...
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May 03, 2019 - 9:46 am
MILAN (AP) — Carmaker Fiat Chrysler Automobiles on Friday reported a 47% drop in profits for the first quarter of the year due largely to changes in production, but expressed confidence that new models will help the U.S.-Italian company meet full-year profit targets. Net profits fell to 508 million...
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