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Autos Automobiles and Components

  • Motorcycle maker Harley-Davidson said on Thursday it will build a plant in Thailand to serve the growing Southeast Asian market.

  • Hard to see where differences between Fiat and VW lie

    Anna-Marie Baisden, head of autos research at BMI Research, speaks about the U.S. government's suing of Fiat Chrysler over violating emissions tests.

  • DETROIT, May 25- James Hackett spent the last year plotting Ford Motor Co's long-term self-driving car strategy. No. 2 automaker is stuck in a product drought that shows no signs of easing until 2019, according to two sources who track Detroit's launch plans. On Monday he unexpectedly found himself at the helm of the whole company as Ford axed CEO Mark Fields.

  • BANGKOK, May 25- Motorcycle maker Harley-Davidson Inc said on Thursday it will build a plant in Thailand, a major Asian automotive hub, to serve the growing Southeast Asian market, a move criticized by a U.S. labor union. The Thailand facility "will allow us to be more responsive and competitive in the ASEAN region and China," Harley-Davidson public relations...

  • SAN FRANCISCO, May 24- A California- based workers advocacy group released a report on Wednesday saying that Tesla Inc data showed its workers have been injured at a rate a third higher than the auto industry average. Worksafe made the analysis after being approached by the United Auto Workers, the Detroit- based union that has been talking to Tesla employees...

  • WASHINGTON, May 24- Fiat Chrysler Automobiles NV believes a software update can address U.S. regulators' contention that its diesel vehicles are producing excess emissions, a lawyer for the company said at a court hearing on Wednesday. Robert Giuffra, a lawyer representing Fiat Chrysler, said at a hearing in San Francisco that regulators' concerns could be...

  • May 24- Ford Motor Co said on Wednesday that new Chief Executive James Hackett is eligible for at least $13.4 million in total annual compensation. Hackett will earn a $1.8 million annual salary, up from $716,000 at his previous job as chairman of the Ford unit developing self-driving cars and related projects. He will receive $7 million in stock-based...

  • May 24- Ford Motor Co said on Wednesday that new Chief Executive James Hackett is eligible for at least $13.4 million in total annual compensation. Hackett will earn a $1.8 million annual salary, up from $716,000 at his previous job as chairman of the Ford unit developing self-driving cars and related projects. He will receive $7 million in stock-based...

  • LONDON, May 24- British luxury carmaker Aston Martin on Wednesday reported its first Q1 profit in a decade, marking a turnaround in its performance which could propel the company towards a market flotation. The 104- year old firm, made famous for making the sports car driven by secret agent James Bond, has made an annual loss in each of the last six years.

  • LONDON, May 24- British luxury carmaker Aston Martin on Wednesday reported its first Q1 profit in a decade, marking a turnaround in its performance which could propel the company towards a market flotation. The 104- year old firm, made famous for making the sports car driven by secret agent James Bond, has made an annual loss in each of the last six years.

  • LONDON, May 24- British luxury carmaker Aston Martin on Wednesday reported its first Q1 profit in a decade, marking a turnaround in its performance which could propel the company towards a market flotation. The 104- year old firm, made famous for making the sports car driven by secret agent James Bond, has made an annual loss in each of the last six years.

  • LONDON, May 24- British luxury carmaker Aston Martin on Wednesday reported its first Q1 profit in a decade, marking a turnaround in its performance which could propel the company towards a market flotation. The 104- year old firm, made famous for making the sports car driven by secret agent James Bond, has made an annual loss in each of the last six years.

  • DETROIT— A certified pre-owned vehicle costs more than a regular used car, but it can give buyers some peace of mind in an often murky market. "If I want a car that hasn't been abused, this is one of the best ways to avoid all that guesswork," says Matt Jones, senior editor of consumer advice for the car shopping site Edmunds.com. U.S. certified pre-owned sales grew by 61...

  • KUALA LUMPUR/ BEIJING, May 24- Geely, the owner of Sweden's Volvo Car Group, on Wednesday said it would buy 49.9 percent of struggling Malaysian carmaker Proton from conglomerate DRB-HICOM Bhd, marking the Chinese automaker's first push into Southeast Asia. Zhejiang Geely Holding Group Co Ltd, parent of Hong Kong- based Geely Automobile Holdings Ltd, will also...

  • ROANOKE, Va. _ Advance Auto Parts Inc. on Wednesday reported first-quarter earnings of $108 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share. Advance Auto Parts shares have dropped 17 percent since the beginning of the year.

  • KUALA LUMPUR, May 24- Chinese automaker Zhejiang Geely Holding Group on Wednesday said it would buy a 49.9 percent stake in Malaysia's national carmaker Proton from conglomerate DRB-HICOM, marking another major Chinese auto investment in Southeast Asia. Geely, parent company of Hong Kong- based Geely Automobile Holdings Ltd and Sweden's Volvo Car Group,...

  • KUALA LUMPUR, Malaysia— The Chinese owner of Sweden's Volvo Cars agreed Wednesday to buy 49.9 percent of Malaysian automaker Proton, gaining a platform to expand into Southeast Asia. The deal gives Geely a distribution network in Southeast Asia, where non-Japanese brands have struggled. The remaining 49 percent is being purchased by Etika Automobile, which is...

  • KUALA LUMPUR, May 24- Malaysian conglomerate DRB-HICOM will sell a 49.9 percent stake in struggling car maker Proton to Chinese automaker Zhejiang Geely Holding Group, according to a company statement seen by Reuters. Malaysia's Second Finance Minister Johari Abdul Ghani is expected to make an official announcement on the deal shortly.

  • *India to tax hybrids higher than EVs from July 1. *Policy uncertainty is forcing car makers to delay plans in India. India also plans to impose higher taxes on hybrid vehicles compared with electric, under a new unified tax regime set to come into effect from July 1, upsetting car makers like Maruti Suzuki and Toyota Motor.

  • SANTA ANA, Calif.— A jury has awarded nearly $256.5 million to a California auto dealership owner who claimed Nissan had a secret plan to put him out of business during the recession. The Orange County Superior Court panel ruled Monday in favor of Michael Kahn, who owned seven Nissan, Toyota and Chevrolet dealerships in the Los Angeles and San Francisco Bay areas.