Automobile manufacturing

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)
February 18, 2020 - 3:18 am
TOKYO (AP) — Nissan shareholders vented their outrage at the Japanese automaker's top management Tuesday for crashing stock prices, zero dividends and quarterly losses after the scandal-ridden departure of former Chairman Carlos Ghosn. They got up, one by one, at an extraordinary shareholders’...
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FILE - In this Feb. 19, 2017, file photo, Wei Jianjun, chairman of Great Wall Motors Ltd., gestures as he speaks during an event celebrating it sales passing the one million mark, at the Great Wall headquarters in Baoding in north China's Hebei province. General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday, Feb. 17, 2020 from officials concerned over job losses. The words behind reads "By 2020, Haval SUV sales will pass 2 million, become the world's biggest specialty SUV brand." (AP Photo/Andy Wong)
February 17, 2020 - 7:29 am
DETROIT (AP) — General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday from officials concerned over job losses. The company said in a statement Sunday that it plans to...
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In this Feb. 12, 2020, photo, a worker disinfects a mall near an advertisement for a car in Beijing, China. Automakers are gradually reopening factories in China that were idled by anti-virus control. (AP Photo/Ng Han Guan)
February 17, 2020 - 5:49 am
BEIJING (AP) — Automakers are reopening factories in China that were idled by anti-virus controls as they try to reverse a sales slump in their biggest market. Local officials have orders from the ruling Communist Party to get businesses functioning again while still enforcing anti-disease curbs...
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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)
February 15, 2020 - 9:28 pm
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, near the...
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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)
February 14, 2020 - 10:23 am
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...
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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)
February 14, 2020 - 5:35 am
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...
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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)
February 13, 2020 - 5:32 am
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...
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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 12, 2020 - 4:49 am
TOKYO (AP) — Nissan filed a civil suit Wednesday seeking 10 billion yen ($91 million) in damages from the Japanese automaker's former Chairman Carlos Ghosn. Nissan Motor Co. filed the case in Yokohama District Court to recoup some of the monetary damages suffered, it said, “as a result of years of...
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FILE - In this Tuesday, Sept. 10, 2019 file photo Ola Kaellenius, CEO of the car manufacturer Mercedes, stands next to a 'Vision EQS' car at the IAA Auto Show in Frankfurt, Germany. On Tuesday, Feb. 11, 2020 Daimler AG, maker of Mercedes-Benz cars, issues fourth-quarter and full year earnings and provides business update at news conference. (AP Photo/Michael Probst, file)
February 11, 2020 - 7:37 am
FRANKFURT, Germany (AP) — Daimler AG, maker of Mercedes-Benz cars, saw profit slump in 2019 and turned in a loss for the fourth quarter, underlining the pressures on the auto industry from economic headwinds and the need to invest in electric cars to meet tougher European Union limits on greenhouse...
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FILE - In this Nov. 28, 2018, file photo, snow covers the perimeter of the General Motors' Lordstown plant, in Lordstown, Ohio. The Trump administration’s budget proposal scraps a loan program that could help an upstart electric vehicle company’s plans to reuse the now-closed General Motors factory in Lordstown, Ohio. (AP Photo/John Minchillo, File)
February 10, 2020 - 7:22 pm
DETROIT (AP) — The Trump administration’s budget proposal scraps a loan program that could help an upstart electric vehicle company’s plans to reuse the now-closed General Motors factory in Lordstown, Ohio. In a summary of the budget for the coming fiscal year, the administration said Monday it...
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