Automobile manufacturing

Volkswagen CEO Herbert Diess speaks during a news conference in New York, Friday, July 12, 2019. Volkswagen will sink $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as part of a broader partnership on electric and self-driving vehicles, the companies confirmed Friday. (AP Photo/Seth Wenig)
July 25, 2019 - 4:18 am
FRANKFURT, Germany (AP) — Volkswagen said Thursday that its after-tax profit rose 24% in the second quarter as the company managed to increase its share in contracting markets, and as more-profitable vehicles such as SUVs and pricey Porsche luxury cars took a bigger role in the sales mix. Net...
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FILE - In this June 24, 2019, file photo a Ford employee works on a Ford Explorer line at Ford's Chicago Assembly Plant in Chicago's Hegewisch neighborhood. Ford Motor Co. reports earning on Wednesday, July 24, 2019. (AP Photo/Amr Alfiky, File)
July 24, 2019 - 5:59 pm
DEARBORN, Mich. (AP) — Ford's net profit tumbled 86% in the second quarter due largely to restructuring costs in Europe and South America. Net income for the April-through-June period dropped to $148 million, or 4 cents per share. Without the charges the company made 28 cents per share. Revenue was...
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In this July 19, 2019, photo a Tesla vehicle charges at a Tesla Supercharger site in Charlotte, N.C. Tesla, Inc. reports earning on Wednesday, July 24, 2019. (AP Photo/Chuck Burton)
July 24, 2019 - 5:09 pm
SAN FRANCISCO (AP) — Tesla suffered a loss of $408 million during its latest quarter as the company continues to struggle to prove it can make money while producing electric cars at prices that a mass market can afford. The setback announced Wednesday had already been telegraphed by Tesla CEO Elon...
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FILE - In this Tuesday, Oct. 2, 2018 file photo, Ola Kallenius, member of the Board of Management of Daimler AG. Group Research & Mercedes-Benz Cars Development, speaks to the media during a media preview at the Auto show in Paris. Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with diesel vehicles and air bag recalls. The quarterly loss reported Wednesday was the company's first since 2009 and a bumpy start for new CEO Ola Kallenius, who took over from Dieter Zetsche on May 22 and since then has had to issue two profit warnings. (AP Photo/Thibault Camus, File)
July 24, 2019 - 5:21 am
FRANKFURT, Germany (AP) — Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with diesel vehicles and air bag recalls. The quarterly loss reported Wednesday...
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In this Thursday, July 18, 2019, photo, robots of mascots of Olympics "Miraitowa," left, and Paralympics "Someity" are shown to the media at Toyota Motor Corp. headquarters in Tokyo. The mascot robots’ eyes change to the images of stars and hearts. The Japanese automaker Toyota, a major Olympic sponsor, is readying various robots for next year’s Tokyo Olympics. (AP Photo/Yuri Kageyama)
July 21, 2019 - 10:27 pm
TOKYO (AP) — A cart-like robot scuttles across the field to bring back javelins and discuses. A towering screen-on-wheels is designed for "virtual" attendance. The cute ones are, naturally, the likeness of the Olympic and Paralympic mascots. Japanese automaker Toyota Motor Corp., a major Olympic...
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FILE - In this March 21, 2018, file photo member of the board of the German car manufacturer BMW, Oliver Zipse, attends the earnings press conference in Munich, Germany. On Thursday, July 18, 2019, BMW named its top production manager, Zipse, as its next CEO to lead the luxury automaker. (AP Photo/Matthias Schrader, File)
July 18, 2019 - 3:27 pm
FRANKFURT, Germany (AP) — BMW has named its top production manager, Oliver Zipse, as CEO to lead the luxury automaker through a shift to new ways of doing business such as electric vehicles and offering cars on a per-use basis. The company said Thursday that Zipse, 55, would succeed Harald Krueger...
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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. Renault Chairman Jean-Dominique Senard has expressed confidence that the French automaker's alliance with Japan's Nissan remains on track following the appointment of a new board in the wake of the scandal involving Carlos Ghosn, who chaired both companies. (AP Photo/Christophe Ena, File)
July 18, 2019 - 8:37 am
BOULOGNE-BILLANCOURT, France (AP) — Renault Chairman Jean-Dominique Senard has expressed confidence that the French automaker's alliance with Nissan remains on track following the appointment of a new board at the Japanese firm in the wake of the scandal involving Carlos Ghosn, who chaired both...
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United Auto Workers President Gary Jones, left, and Ford Motor Co., Chief Executive Officer Jim Hackett shake hands to open their contract talks Monday, July 15, 2019, in Dearborn, Mich. (AP Photo/Carlos Osorio)
July 15, 2019 - 2:05 pm
DEARBORN, Mich. (AP) — Contract talks between the United Auto Workers and Detroit's three automakers kicked off with the union president departing from the traditionally friendly tone by telling Ford executives that workers want a bigger share of the companies' record profits. While Ford executives...
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FILE - In this March 8, 2019, file photo Robert Wickens sits in the pit area at the IndyCar Grand Prix of St. Petersburg auto race in St. Petersburg, Fla. Nearly a year after his devastating injury in an IndyCar race, Wickens will indeed get to drive a car again at a race track. He will lead the parade lap Sunday before the Toronto IndyCar race in an Acura NSX equipped with hand controls. (Dirk Shadd/Tampa Bay Times via AP, File)
July 12, 2019 - 6:04 pm
TORONTO (AP) — Robert Wickens has attacked his rehabilitation from a spinal cord injury with aggressive goals. The Canadian wants to dance at his upcoming wedding, one day walk again with zero evidence his legs once did not work and, of course, Wickens hopes to return to racing cars. Nearly a year...
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Ford CEO Jim Hackett, right, and Volkswagen CEO Herbert Diess participate in a news conference in New York, Friday, July 12, 2019. Volkswagen will sink $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as part of a broader partnership on electric and self-driving vehicles, the companies confirmed Friday. (AP Photo/Seth Wenig)
July 12, 2019 - 2:52 pm
NEW YORK (AP) — Volkswagen will invest $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as the automakers who were once rivals deepen their partnership to develop driverless and electric vehicles in an ultra-competitive landscape. The two automakers will become...
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