Automobile dealing

FILE - In this file photo dated Thursday, April 23, 2020, flags wave in front of a factory building during the production restart of the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, Germany. Carmaker Volkswagen reports Thursday July 30, 2020, an after-tax loss of 1.54 billion euros (dollars 1.81 billion) in the second quarter as the pandemic shut down auto plants and closed dealerships. (AP Photo/Jens Meyer, FILE)
July 30, 2020 - 5:27 am
FRANKFURT, Germany (AP) — Carmaker Volkswagen recorded an after-tax loss of 1.54 billion euros ($1.81 billion) in the second quarter as the pandemic shut down auto plants and closed dealerships. The company sold 35% fewer cars and cut back its proposed dividend but said it had been able to...
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FILE - In this Jan. 17, 2019, file photo Rep. Susie Lee, D-Nev., speaks at a news conference on Capitol Hill in Washington. At least 10 lawmakers and three congressional caucuses have ties to organizations that received federal coronavirus aid, according to government data released this week. A regional casino company led by the husband of Rep. Susie Lee received money. (AP Photo/Andrew Harnik, File)
July 08, 2020 - 12:21 am
WASHINGTON (AP) — At least a dozen lawmakers have ties to organizations that received federal coronavirus aid, according to newly released government data, highlighting how Washington insiders were both author and beneficiary of one of the biggest government programs in U.S. history. Under pressure...
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FILE - In this Jan. 17, 2019, file photo Rep. Susie Lee, D-Nev., speaks at a news conference on Capitol Hill in Washington. At least 10 lawmakers and three congressional caucuses have ties to organizations that received federal coronavirus aid, according to government data released this week. A regional casino company led by the husband of Rep. Susie Lee received money. (AP Photo/Andrew Harnik, File)
July 07, 2020 - 9:23 pm
WASHINGTON (AP) — At least a dozen lawmakers have ties to organizations that received federal coronavirus aid, according to newly released government data, highlighting how Washington insiders were both author and beneficiary of one of the biggest government programs in U.S. history. Under pressure...
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In a photo from, Wednesday, June 24, 2020, the new 2021 Ford F-150 truck is photographed in Ferndale, Mich. Six years ago, Ford bet big on the top-selling vehicle in America, rolling out a radical new version of the F-Series pickup with a lighter aluminum body instead of steel. Now it's time for another revamp, and Ford is playing it safe. On the outside, the truck changes little. The biggest differences are a gas-electric hybrid version, internet connectivity, and a revamped interior that turns the truck into more of a rolling office or even a place to nap. (AP Photo/Carlos Osorio)
June 25, 2020 - 8:40 pm
DETROIT (AP) — Six years ago, Ford made a Texas-size wager on the top-selling vehicle in America, rolling out a radical new version of the F-Series pickup with a lighter aluminum body instead of the customary steel. Now it’s time for another revamp, and Ford is playing it safe with the company’s...
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FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa. U.S. auto safety investigators have found no apparent defect with the passenger air bag seat sensors in thousands of older General Motors sedans. The National Highway Traffic Safety Administration denied a 2013 petition filed by a private crash investigator seeking a formal investigation of full-size cars including the Chevrolet Impala from the 2004 to 2010 model years. (AP Photo/Matt Rourke, File)
May 06, 2020 - 9:20 am
DETROIT (AP) — General Motors' first-quarter net income fell 88%, but it still managed to make $247 million despite the arrival of the global coronavirus pandemic. U.S. automakers suspended production in much of the world in late March. For GM, that clipped revenue for the quarter by 6%, to $32.7...
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In this April 16, 2020, a few cars and trucks drive on the usually very crowded main highway around Frankfurt, Germany, that is seen in the background. As the restrictions to avoid the spreading of the coronavirus are eased, Chancellor Angela Merkel has pointed to South Korea as an example of how Germany will have to improve measures to “get ahead” of the pandemic with more testing and tracking of cases so that the rate of infections can be slowed. (AP Photo/Michael Probst)
April 17, 2020 - 3:56 am
MILAN (AP) — European car sales tanked last month amid strict lockdown measures to contain the coronavirus that shut down dealerships for at least half of March and dried up consumer spending. The European carmaker’s association, ACEA, said Friday that new car registrations ‘’recorded a dramatic...
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FILE - In this Jan. 10, 2020, file photo, former Nissan Chairman Carlos Ghosn speaks to Japanese media during an interview in Beirut, Lebanon. Nissan filed a civil suit Wednesday, Feb. 12, 2020 seeking 10 billion yen ($91 million) in damages from the Japanese automaker's former Chairman Carlos Ghosn. (Meika Fujio/Kyodo News via AP, File)
February 19, 2020 - 2:12 pm
PARIS (AP) — French prosecutors are turning up the heat on disgraced car industry executive Carlos Ghosn, opening a judicial inquiry into alleged money laundering, fraud and misuse of company assets during his time at the helm of the Renault-Nissan alliance. The prosecutor's office in the Paris...
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February 13, 2020 - 5:30 am
BEIJING (AP) — China’s auto sales plunged in January, deepening a painful downturn in the industry’s biggest global market and adding to economic pressures as the country fights a virus outbreak. Sales of SUVs, sedans and minivans fell 20.2% from a year earlier to 1.6 million, an industry group,...
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FILE - In this Nov. 10, 2019, file photo the company logo shines off the grille of an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Tesla will be able to sell and service its vehicles in the back yard of Detroit’s three automakers under a lawsuit settlement, a person briefed on the matter says. The settlement between the office of Michigan Attorney General Dana Nessel and Tesla is likely to be announced Wednesday, Jan. 22, 2020, says the person who asked not to be identified because terms of the deal haven’t been made public. (AP Photo/David Zalubowski, File)
January 22, 2020 - 12:38 pm
DETROIT (AP) — Michigan has cleared the way for Tesla to sell more electric vehicles in the state and get them serviced under a deal filed Wednesday that settles a lawsuit by the automaker. It won't be as simple as Tesla opening a dealership on a corner lot. But consumers at least won't have to...
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In this Monday, Sept. 30, 2019, photo a row of Chevrolet Suburban vehicles are shown at Wally Edgar Chevrolet in Orion Township, Mich. The 16-day strike has cost GM just over $1 billion, JP Morgan analyst Ryan Brinkman estimated Tuesday in a note to investors. (AP Photo/Paul Sancya)
October 01, 2019 - 1:36 pm
DETROIT (AP) — The 16-day strike by auto workers has cost General Motors about $1 billion, an analyst says, while a parts shortage forced the company to close pickup truck and transmission plants in Mexico. Spokesman Dan Flores confirmed that production at the factories in Silao, Mexico, ended...
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