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Global automakers are reworking their product strategies and investments for the United States to bring more sport utility vehicles to showrooms amid a sharp turn away from small- and medium-sized cars, executives at Detroit's auto show say.
A 20-minute charge will give the battery 80 percent capacity, allowing for a 500 km range.
JPMorgan on Monday told clients of two companies that may be best positioned to lead the trend in self-driving cars.
Carmakers used the Detroit Auto Show to talk up their U.S. production, likely reacting to Trump’s all-hours tweets, an analyst said Tuesday.
Trader Jon Najarian shares his investment stance on a group of auto parts makers.
Mercedes-Benz sales overtook BMW last year for the first time in more than a decade after focusing on making stylish high-tech cars.
Judges praised Chevrolet's mid-priced all-electric sedan with its long-range battery, NBC News reports.
Toyota will spend $10 billion in the U.S. over the next five years, matching the Japanese automaker's investments over the prior five years.
Ford Motor CEO Mark Fields, Monday on CNBC, explained the automaker's ambitious plan to create the autonomous vehicle of the future.
But Fiat Chrysler CEO Sergio Marchionne says the decision to announce the U.S. investments was "coincidental" to Trump's tweets.
Fields says Ford wants to use its existing facilities around the world but does not condemn Trump's goals.
"BMW is a global company & our new plant now under construction in San Luis Potosi is part of our expanding global production network" BMW Group said.
The FBI has arrested a Volkswagen executive who faces charges of conspiracy to defraud the U.S., the NYT reports.
Alphabet's Waymo is "closer to scaling our technology to potentially millions of people every day," said John Krafcik, the CEO.
The automaker is set to inject a billion in two plants, in the wake of a similar decision by Ford Motors.
Fiat Chrysler saw its U.S.-listed shares spike more than 6 percent on Friday, boosted by an upgrade at Goldman Sachs.