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Autos Automobiles and Components

  • April 24- Tesla Inc Chief Executive Elon Musk took many risks with the technology in his company's cars on the way to surpassing Ford Motor Co's market value. Now Musk is pushing boundaries in the factory that makes them. "He's pushing the envelope to see how much time and cost he can take out of the process," said Ron Harbour, a manufacturing consultant at Oliver Wyman.

  • SAN FRANCISCO, April 21- Apple Inc outlined a plan to train operators of self-driving cars in documents submitted to California regulators earlier this month, the latest clues to the company's autonomous vehicle technology aspirations. Apple was granted a permit to test self-driving cars on April 14 by the California Department of Motor Vehicles but the...

  • DETROIT, April 21- A federal judge in Detroit on Friday sentenced Volkswagen AG to three years' probation and independent oversight for the German automaker's diesel emissions scandal as part of a $4.3 billion settlement announced in January. District Judge Sean Cox said in approving the settlement that required the automaker to make significant reforms.

  • DETROIT, April 21- A federal judge in Detroit on Friday sentenced Volkswagen AG to three years' probation and independent oversight for the German automaker's diesel emissions scandal as part of a $4.3 billion settlement announced in January. District Judge Sean Cox said in approving the settlement that requires the automaker to make significant reforms.

  • DETROIT, April 21- A federal judge in Detroit on Friday sentenced Volkswagen AG to three years' probation over the German automaker's diesel emissions scandal as part of a $4.3 billion settlement announced in January. District Judge Sean Cox said in approving the settlement that requires the automaker to make significant reforms. He also formally approved a...

  • DETROIT, April 21- A federal judge in Detroit on Friday sentenced Volkswagen AG to three years' probation over the German automaker's diesel emissions scandal as part of a $4.3 billion settlement announced in January. District Judge Sean Cox said in approving the settlement that requires the automaker to make significant reforms. In total, VW has agreed to...

  • SHANGHAI— General Motors Co. plans to launch 10 electric and gasoline-electric hybrid vehicles in China by 2020, an executive said Friday, as automakers speed up the rollout of alternative vehicles under pressure from Beijing to promote the industry. GM will start production of a pure-electric model in China within two years, Matt Tsien, president of GM China,...

  • DETROIT— A judge on Friday ordered Volkswagen to pay a $2.8 billion criminal penalty in the United States for cheating on diesel emissions tests, blessing a deal negotiated by the government for a "massive fraud" orchestrated by the German automaker. District Judge Sean Cox stuck to the plea deal during the sentencing hearing, six weeks after VW pleaded guilty to...

  • DETROIT— Tesla Inc. is recalling 53,000 Model S sedans and Model X SUVs worldwide because their parking brakes may get stuck and prevent the vehicles from moving. The recall affects vehicles built between February and October 2016. Tesla says less than 5 percent of the vehicles it's recalling may be affected, but it wants to inspect them all to make sure.

  • WASHINGTON, April 20- U.S. officials are reviewing Venezuela's seizure of General Motors Co's assets in the country, U.S. State Department spokesman Mark Toner said on Thursday. The seizure comes amid a deepening economic crisis in leftist-led Venezuela that has already roiled many U.S. companies. Total auto production in Venezuela fell to a historic low of...

  • April 20- Tesla Inc said on Thursday it would recall 53,000 of its Model S and Model X cars globally to fix a parking brake issue. Shares of the U.S. luxury electric car maker were down nearly 1 percent at $302.77 in afternoon trading, following its biggest ever recall. Tesla, led by entrepreneur Elon Musk, had said last year it would recall 2,700 Model X sport utility...

  • April 20- Tesla Inc said on Thursday it will recall 53,000 of its Model S and Model X cars globally for a parking brake issue, according to a statement on its website. Shares of the U.S. luxury electric car maker dropped 1.3 percent to $301.50 in afternoon trading. Tesla had said last year it would recall 2,700 Model X sport utility vehicles in the United States due to a...

  • Shares of the U.S. luxury electric car maker dropped 1.3 percent to $301.50 in afternoon trading.

  • SHANGHAI, April 20- When Chinese automaker GAC Motor was preparing to enter the United States market it foresaw challenges in product localisation and regulation, but didn't see any issue with the name of its flagship brand, Trumpchi. "This is a complete coincidence, we didn't even have the slightest idea he would be president," Feng Xingya, GAC Group President, said...

  • April 20- Motorcycle maker Harley-Davidson Inc said on Thursday it will lay off 118 workers at its York, Pennsylvania, plant and shift employment to Kansas City, Missouri. The company said it told employees in November 2015 of plans to shift production of Harley-Davidson Cruisers from the Pennsylvania plant to Kansas City starting in the 2018 model year.

  • *China, European markets doing well, US tougher- analyst. FRANKFURT, April 20- BMW became the third German carmaker to report better-than-expected quarterly results ahead of schedule on Thursday, benefiting like rival Daimler from strong demand in China and a revaluation of its stake in map maker HERE. German auto association VDA expects global car sales to rise...

  • DETROIT— General Motors became the latest corporation to have a factory or other asset seized by the government of Venezuela, and the Detroit automaker faces an uphill battle to recover any damages. GM said Thursday that its only factory in Venezuela was confiscated a day earlier, as anti-government protesters clashed with authorities in a country that is...

  • FRANKFURT, April 20- German luxury carmaker BMW reported a better-than-expected 27 percent jump in quarterly pretax profit after an investment by chipmaker Intel drove up the value of its stake in mapping service HERE. BMW also cited other positive valuation effects and improved profits from its Chinese joint venture BMW Brilliance Automotive as a boost to...

  • Corporate travelers may be re-thinking their use of Uber.

  • SAN FRANCISCO, April 19- Tesla Inc and the former head of its Autopilot program have settled a lawsuit brought by the electric vehicle maker in January, the parties said on Wednesday, in a deal that prevents the former executive from recruiting Tesla employees for a year. Tesla's lawsuit against Sterling Anderson, the nontechnical program manager of Tesla's...