×

Autos Automobiles and Components

  • NEW YORK— Uber is taking to the skies with its next project— "flying cars"— even as all eyes are on its problems on the ground. The company says its partners in this Elevate initiative include real estate companies, aircraft manufacturers, electric vehicle charger makers and cities such as Dubai and Dallas-Fort Worth, Texas. Jeff Holden, Uber's chief product officer,...

  • A couple walks with a salesman, right, while shopping for a new vehicle at the Sutton Ford Lincoln car dealership in Matteson, Illinois.

    It's taking bigger deals to get consumers to buy new vehicles.

  • Hyundai introduced a flaw in a Dec. 8, 2016 update to the mobile app for its Blue Link connected car software that made it possible for car thieves to locate vulnerable vehicles, unlock and start the vehicles, said Tod Beardsley, research director with cyber security firm Rapid7 Inc.. Hyundai confirmed the bug's existence and said it moved quickly to fix the...

  • SAO PAULO, April 25- Embraer SA has signed a partnership with Uber Technologies Inc to develop and implement small electric vehicles with vertical takeoff and landing capabilities, the Brazilian planemaker said on Tuesday. The partnership stems from Embraer's newly-established innovation center based in Melbourne, Florida, according to a securities...

  • *To invest 300 mln euros more in electric drives by 2021. BERLIN/ FRANKFURT, April 25- Car components maker Continental AG is set to invest an extra 300 million euros in electric drives by 2021 but also remains committed to its combustion-based powertrain business, the company said on Tuesday. By raising spending on development of new products such as charging...

  • LANSING, Mich.— A Michigan board approved restructured tax incentives Tuesday for Dow Chemical and AK Steel and capped the credits' value similarly to how it did in agreements with automakers in recent years, despite lawmakers' criticism of the new deal for the steelmaker. State economic development and company officials said the deals were needed in light of...

  • DETROIT, April 25- AutoNation Inc, the largest U.S. auto retail chain, on Tuesday reported a higher quarterly net profit that beat expectations and said it expects sales and gross profit from used vehicle operations to rise in the second quarter. Revenue per vehicle for new cars rose 4 percent to $36,890, but slid 1 percent to $19,075 for used vehicles.

  • Hyundai introduced a flaw in a Dec. 8 update to the mobile app for its Blue Link connected car software that made it possible for car thieves to locate vulnerable vehicles, unlock and start them, said Tod Beardsley, research director with cyber security firm Rapid7 Inc.. Hyundai confirmed the bug's existence and said it moved quickly to fix the problem.

  • DETROIT, April 25- U.S. auto sales in April likely fell almost 2 percent from a year earlier, with consumer discounts remaining at levels high enough to threaten the industry's long-term health, industry consultants J.D. Power and LMC Automotive said on Tuesday. The consultancies also lowered their full-year 2017 forecast for new vehicle sales to 17.5 million...

  • A Waymo self-driving car.

    Waymo, Google's self-driving car project will allow hundreds of people in Phoenix to take rides in the vehicles to get feedback on the experience.

  • DETROIT, April 25- AutoNation Inc, the largest U.S. auto retail chain, on Tuesday reported a larger quarterly net profit that beat expectations and said it expect vehicle sales to rise in the second quarter with a higher gross profit per vehicle sold. Revenue per vehicle for new cars rose 4 percent to $36,890, but slid 1 percent to $19,075 for used vehicles.

  • It will allow hundreds of people in the Phoenix area to take rides in the vehicles so it can get feedback on the experience. The vehicles will also pick up riders in Chandler, Tempe, Mesa and Gilbert, Waymo said. The companies have been testing the vehicles in Arizona, California and Michigan.

  • SAN FRANCISCO, April 25- Alphabet Inc's Waymo autonomous vehicle group will begin testing a self-driving car program for hundreds of families in Phoenix, Arizona and is buying 500 Chrysler minivans to do so, the companies said on Tuesday. Silicon Valley is racing to master self-driving technology, betting that it will transform the auto industry and be a gold...

  • SHANGHAI— In a story April 22, The Associated Press reported that General Motors Co. expects annual sales of electric vehicles to reach 150,000 by 2020 and possibly surpass 500,000 by 2025.

  • This Ford Mustang is displayed during the Vienna Autoshow, as part of Vienna Holiday Fair. The Vienna Autoshow will be held January 12-15, on January 11, 2017 in Vienna, Austria.

    "The legacy of Mustang continues to grow, and in places it never reached before,” said Mark Schaller, Ford Mustang marketing manager.

  • FRANKFURT, April 24- Germany is against European Commission plans to overhaul a vehicle emissions testing scheme, Sueddeutsche Zeitung said, citing European Council documents submitted by Germany. The newspaper reported Germany has rejected an EU Commission proposal to change the way the vehicle testing authorities are funded and managed, citing...

  • DETROIT, April 24- U.S. auto parts maker Flex-N-Gate will build a plant in Detroit in what local officials described on Monday as the first new investment by an automotive supplier in decades for Motor City, the cradle and former beating heart of the car industry. "This is the largest automotive supplier investment in Detroit in more than 20 years," Mayor Mike Duggan...

  • PARIS, April 24- French prosecutors have opened a formal investigation into suspected diesel emissions test-cheating by carmaker PSA Group, a court official said on Monday. Paris- based PSA in February became the fourth carmaker to be referred to prosecutors by France's DGCCRF consumer fraud watchdog over suspected diesel test manipulation in the wake of...

  • Tesla is adopting a risky assembly line strategy for the Model 3

    Tesla is making a big bet on the Model 3, issuing aggressive production deadlines and volume goals.

  • WASHINGTON— The Supreme Court on Monday turned away an appeal from General Motors Co. seeking to block dozens of lawsuits over faulty ignition switches that one plaintiffs' attorney said could expose the company to billions of dollars in additional claims. An attorney representing hundreds of plaintiffs who are suing the company said it exposes GM to around...