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Autos Automobiles and Components

  • April 28- Apple Inc urged California to toughen up its proposed policy on testing self-driving cars, a move that would result in more public data that could help Apple catch up to rivals in the self-driving space by giving it a better window into their strengths and weaknesses. In a letter made public on Friday, Apple suggested a series of changes to the draft...

  • DETROIT, April 28- Tesla Inc needs to complete fixing its Model S sedan emergency braking system to regain Consumer Reports' top safety rating, the magazine said on Friday, noting that a recent update by the luxury electric car maker was not enough. The magazine, which provides an annual rating of vehicles sold in the United States, said on Wednesday the sedan had...

  • SAN FRANCISCO, April 28- Tesla Inc is recruiting engineers from Mexico to work on robotics and other automated equipment at its California factory, according to LinkedIn postings viewed by Reuters, part of a hiring push to ready the plant for mass production of the upcoming Model 3.. Tesla did not immediately respond to a request for comment on its Mexico hiring...

  • April 28- Apple Inc has asked the state of California to make changes in its proposed policies on self-driving cars, the latest sign the technology giant is pursuing driverless car technology. In a letter made public Friday, Apple made a series of suggested changes to the policy that is under development and said it looks forward to working with California and...

  • SAN FRANCISCO, April 28- A funny thing happened on Wall Street in Donald Trump's first 100 days in the White House: Shares of companies that got closest to the president lagged the market's march higher. Since Trump's inauguration on Jan. 20, representatives from nearly 100 publicly-listed companies have visited the White House, with carmakers, healthcare...

  • SAN FRANCISCO, April 28- A funny thing happened on Wall Street in Donald Trump's first 100 days in the White House: Shares of companies that got closest to the president lagged the market's march higher. Since Trump's inauguration on Jan. 20, representatives from nearly 100 publicly-listed companies have visited the White House, with carmakers, healthcare...

  • The company's shares, which were priced at $15, opened at $13.50, giving the company a market value of about $2 billion. Phoenix- based Carvana sells cars through its website and allows customers to pick them up from automated "vending machine" towers located in U.S. cities including Austin and Dallas in Texas, and Nashville, Tennessee. "We're going to stay focused on...

  • SAN FRANCISCO, April 28- A funny thing happened on Wall Street in Donald Trump's first 100 days in the White House: Shares of companies that got closest to the president lagged the market's march higher. Since Trump's inauguration on Jan. 20, representatives from nearly 100 publicly-listed companies have visited the White House, with carmakers, healthcare...

  • SAN FRANCISCO, April 28- A funny thing happened on Wall Street in Donald Trump's first 100 days in the White House: Shares of companies that got closest to the president lagged the market's march higher. Since Trump's inauguration on Jan. 20, representatives from nearly 100 publicly-listed companies have visited the White House, with carmakers, healthcare...

  • More than 80,000 child carriers are being recalled because the leg openings may be too big, posing the risk of children slipping through and getting injured. Other recalled consumer products this week include remote-controlled vehicles that pose a fire hazard and infant booties that pose a choking hazard. DETAILS: All models of Poco, Poco Plus and Poco Premium...

  • DETROIT, April 28- General Motors Co on Friday reported a record quarterly first-quarter profit on robust sales of its large pickup trucks and crossovers in the United States, as uncertainty surrounds the overall pace of domestic auto sales for the industry. The results demonstrate that GM will "continue to strengthen the core business, generate the best...

  • LAS VEGAS— In a story April 19 about a woman injured by an exploding air bag inflator, The Associated Press reported erroneously that there is no federal law prohibiting salvage yards from selling recalled parts taken out of wrecked cars. LAS VEGAS— A Nevada crash that nearly killed a young woman has exposed a hole in the government's efforts to get dangerous...

  • BERLIN, April 28- Volkswagen said it plans to invest billions of euros through 2022 to beef up its portfolio of combustion and electric drives as it braces for a further tightening of emissions rules in key markets. Europe's biggest carmaker last year announced a multi-billion-euro shift to embrace electric cars and new mobility services as it battles to...

  • DETROIT, April 28- General Motors Co on Friday reported better-than-expected first-quarter net income driven by strong sales of its profitable large pickup trucks and crossovers in the United States. "We are executing our plan and it's delivering results," Chief Financial Officer Chuck Stevens told reporters at the company's headquarters in downtown...

  • The company's shares, which were priced at $15, opened at $13.50, giving the company a market value of about $2 billion. Carvana sells cars through its website and allows customers to pick them up from automated "vending machine" towers located in U.S. cities such as Austin and Dallas in Texas, and Nashville, Tennessee. However, the company's net loss widened to $93.1...

  • BEIJING, April 28- Chinese automaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, expects a fall of up to 31.4 percent in first-half net profit as Beijing's cut to subsidies slows green car sales slow in China. Shenzhen- based BYD, which specializes in green energy cars, forecast a 20.3 percent to 31.4 percent fall in net profit for the first half to...

  • DETROIT, April 28- General Motors Co on Friday reported better-than-expected first-quarter net income driven by strong sales of its profitable large pickup trucks and crossovers in the United States, sending its shares up nearly 2 percent in premarket trading. "We are executing our plan and it's delivering results," Chief Financial Officer Chuck Stevens told...

  • DETROIT, April 28- General Motors Co on Friday reported a much better-than-expected first-quarter net income driven by strong sales of its profitable large pickup trucks and crossovers in the United States, sending its shares up nearly 2 percent in premarket trading. Vehicle sales rose slightly in Europe, where it has agreed to European Opel and Vauxhall...

  • DETROIT— People are buying more SUVs and trucks and paying General Motors handsomely for them, pushing the company's first-quarter net income up 34 percent to a record $2.6 billion. The average Tahoe, for instance, sold for more than $58,000 in the past quarter, up slightly from a year ago, according to Kelley Blue Book. That helped drive up GM's average vehicle sale...

  • DETROIT, April 28- General Motors Co on Friday reported a jump in quarterly net profit driven by strong sales of full-size trucks and crossovers in the United States and cost cutting. The No. 1 U.S. automaker reported a first-quarter net profit of $2.6 billion or $1.70 per share, up 33 percent from $1.95 billion or $1.24 per share a year earlier.