Automobile manufacturing

FILE - In this March 12, 2019, photo, Renault Chairman Jean-Dominique Senard, left, and Nissan CEO Hiroto Saikawa speak at the start of a joint press conference following a board meeting at the Nissan headquarters in Yokohama, near Tokyo. Japanese automaker Nissan wasn’t consulted about a proposed merger between its French alliance partner Renault and Fiat Chrysler and has little say over the issue. Partnering with a colossal Renault-Fiat Chrysler could help Nissan slash costs on shared components and research. (AP Photo/Eugene Hoshiko, File)
June 06, 2019 - 10:57 am
MILAN (AP) — Fiat Chrysler's surprise decision to withdraw a merger offer with French carmaker Renault stunned the industry, collapsing Thursday on fundamental differences over when Renault's long-time alliance partner, Nissan, would be brought in. The merger plan, which had sought to create the...
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FILE - In this May 19, 2019, file photo, a line of unsold 2019 Tucson sports-utility vehicles sits at a Hyundai dealership in Littleton, Colo. With the cost to own a new vehicle rising, it's more important than ever to consider what you’ll pay for a car loan and to shop for the best interest rate. (AP Photo/David Zalubowski, File)
June 06, 2019 - 9:41 am
With the cost to own a new vehicle rising, it's more important than ever to consider what you'll pay for a car loan and to shop for the best interest rate. The average new car loan interest rate reached 5.5% in 2018, up about one percentage point from the previous year, according to Ben Bartosch, J...
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June 06, 2019 - 7:21 am
LONDON (AP) — A Ford engine plant in Wales that employs 1,700 people is "economically unsustainable" and will close next year, the carmaker announced Thursday. The company blamed declining sales of gasoline engines and the end of a contract with Jaguar Land Rover for the closure, due in September...
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This photo taken on Thursday, Jan. 24, 2019 show a Ranult car parking outside the French carmaker headquarters in Boulogne-Billancourt, outside Paris, France. French carmaker Renault looks set to give its approval to Fiat Chrysler's merger offer. The company's board is meeting Tuesday afternoon at its headquarters to decide on a deal that could reshape the global auto industry. (AP Photo/Christophe Ena)
June 05, 2019 - 8:37 pm
PARIS (AP) — Fiat Chrysler abruptly withdrew an offer to merge with French automaker Renault late Wednesday, a shocking reversal of a deal that could have reshaped the global auto industry. The Italian-American automaker blamed its move on France's government, saying that the country's political...
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In this Thursday, March 8, 2018 photo an employee works on a Volkswagen car during a final quality control at the Volkswagen plant in Wolfsburg, Germany. Automaker Volkswagen is ruling out compulsory layoffs at its core brand’s German plants for the next 10 years even as it looks for cost cuts and adapts to increasing digitalization. (AP Photo/Michael Sohn)
June 05, 2019 - 3:43 am
BERLIN (AP) — Automaker Volkswagen is ruling out compulsory layoffs at its core brand's German plants for the next 10 years even as it looks to cut costs and adapts to increasing digitalization. The company said Wednesday up to 4,000 jobs in non-production areas won't be restaffed over the coming...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, June 5, 2019. Shares surged Wednesday in Asia following a rally on Wall Street spurred by signs the Federal Reserve is ready to cut interest rates to support the U.S. economy against risks from escalating trade wars.(AP Photo/Eugene Hoshiko)
June 05, 2019 - 2:11 am
BANGKOK (AP) — Shares surged Wednesday in Asia following a rally on Wall Street spurred by signs the Federal Reserve is ready to cut interest rates to support the U.S. economy against risks from escalating trade wars. But most markets gave back some gains after the World Bank said it was...
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FILE - In this May 30, 2019, file photo trader John Doyle works on the floor of the New York Stock Exchange. U.S. stocks headed broadly higher in early trading Tuesday, June 4, on Wall Street after comments from Mexico's foreign minister injected some optimism into a developing trade dispute. (AP Photo/Richard Drew, File)
June 04, 2019 - 11:48 pm
BANGKOK (AP) — Shares surged Wednesday in Asia following a rally on Wall Street spurred by signs the Federal Reserve is ready to cut interest rates to support the U.S. economy against risks from escalating trade wars. Japan's Nikkei 225 index jumped 1.8% to 20,773.86 while the Hang Seng in Hong...
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FILE - In this Feb. 14, 2019, file photo, this is the Fiat logo is mounted on a 2019 500 L on display at the 2019 Pittsburgh International Auto Show in Pittsburgh. French carmaker Renault looks set to give its approval to Fiat Chrysler's merger offer. The company's board is meeting Tuesday June 4, 2019 afternoon at its headquarters outside Paris to decide on a deal that could reshape the global auto industry. (AP Photo/Gene J. Puskar, File)
June 04, 2019 - 11:55 am
PARIS (AP) — The Latest on Fiat Chrysler's proposal to merge with Renault (all times local): 6:50 p.m. Renault is delaying a decision on whether to launch exclusive merger talks with Fiat Chrysler. Renault's board said Tuesday after meeting at its headquarters near Paris that it will meet again...
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President Donald Trump waves as he takes the stage to speak at the U.S. Air Force Academy graduation Thursday, May 30, 2019 at Air Force Academy, Colo. (AP Photo/David Zalubowski)
May 31, 2019 - 3:14 pm
WASHINGTON (AP) — President Donald Trump's surprise threat to impose escalating tariffs on Mexican imports jolted industry leaders throughout the U.S. economy Friday, sparked opposition even from usual Trump allies and set the stage for American consumers to face higher prices. It also sent stock...
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FILE - This Jan.24, 2019 file photo shows Jean-Dominique Senard after being appointed Renault chairman following a meeting of the board held at Renault headquarters in Boulogne-Billancourt, outside Paris. Fiat Chrysler on Monday May 27, 2019 proposed a merger with French carmaker Renault aimed at saving billions of dollars for both companies as the industry pivots to electric and autonomous vehicles. (AP Photo/Christophe Ena, File)
May 31, 2019 - 6:42 am
PARIS (AP) — French automaker Renault says its board will meet on Tuesday to vote on a possible merger with Fiat Chrysler. Fiat Chrysler has proposed to merge with Renault to create the world's third-biggest automaker, worth almost $40 billion, and combine forces in the race to make electric and...
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