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  • July 18- U.S. regulators are investigating whether Fiat Chrysler Automobiles NV had inflated vehicle sales figures, the company said Monday, following a lawsuit by Illinois dealers in January. The U.S. Securities and Exchange Commission and the Department of Justice are probing the way the Italian-American automaker reports vehicle sales to individuals,...

  • The Securities and Exchange Commission as well as the U.S. Department of Justice are conducting the investigation and the Italian-American automaker based in London is cooperating, according to a company statement.

  • The company confirmed Monday that it is cooperating with investigations by the Justice Department and the Securities and Exchange Commission. The group alleges that an FCA executive offered Napleton $20,000 to falsely report sales of 40 new vehicles. The SEC and Justice Department in Washington would not comment on the probe.

  • DETROIT— The U.S. government says the nation's cars and trucks are well on their way to meeting fuel economy and emissions standards set for 2025.. A report on the standards was issued Monday by the U.S. Environmental Protection Agency, the U.S. Department of Transportation and the California Air Resources Board. A company could fail to meet standards on pickup...

  • The London Metal Exchange today finds itself operating in "business continuity" mode with open-outcry ring trading migrating east of London to the disaster recovery site in Chelmsford. That's because of "a structural issue" within the Exchange's new home in Finsbury Square. It has historically been viewed much in the same way as the problem with the building at...

  • DETROIT— Tesla Motors CEO Elon Musk says he's optimistic that a software update can improve the semi-autonomous Autopilot system in the company's cars. Tesla has been working on changes to Autopilot since May, after one of its Model S sedans failed to sense a tractor trailer in bright sun and crashed into it. In a Twitter post Sunday, Musk said that after talking...

  • DETROIT— Tesla Motors is working on modifications to its Autopilot system after it failed to stop for a tractor-trailer rig in a Florida crash that killed the driver of a Model S sedan. Just after the crash was made public June 30, Musk gave an indication in a tweet that the radar was discounted in the Florida crash. Experts say this means that the radar likely...

  • DETROIT— A federal judge has ruled that owners of General Motors cars recalled for defective ignition switches can sue the company for any loss in the cars' value. Judge Jesse Furman in New York issued the ruling Friday on a motion from General Motors to dismiss the claims. Seattle attorney Steve Berman says the split decision still allows owners of at least 11...

  • Ellen DeGeneres, Chrissy Teigen, Demi Lovato, Steve Aoki and Soulja Boy have posted about the augmented-reality sensation on social media. NBA player Karl-Anthony Towns had to resist the urge to pull out his smartphone at Wednesday night's ESPY Awards to hunt for one of the cutesy pocket monsters. The Detroit News reports that Milford police say the 26-...

  • TOKYO, July 15- Japanese aluminium products makers such as UACJ Corp and Kobe Steel are boosting output capacity in the United States in a bid to snare market share as automakers turn to the lighter metal to meet stricter environmental rules. UACJ, Japan's biggest rolled-aluminium products maker, began production of sample aluminium sheets for autos last...

  • TOKYO, July 15- Japanese aluminum products makers such as UACJ Corp and Kobe Steel are boosting output capacity in the United States in a bid to snare market share as automakers turn to the lighter metal to meet stricter environmental rules. UACJ, Japan's biggest rolled-aluminum products maker, began production of sample aluminum sheets for autos last month at...

  • DETROIT— Consumer Reports said Thursday that Tesla Motors is misleading car owners by calling its semi-autonomous driving system "Autopilot," potentially giving them too much trust in their car's ability to drive itself. With its statement, Consumer Reports joined a debate over autonomous driving technology that escalated after authorities revealed that...

  • DETROIT— Tesla Motors has ended its resale guarantee program in North America. The program— which began in 2013— guaranteed that Tesla vehicles would have a higher resale value after three years than premium sedans from manufacturers like BMW and Mercedes. Tesla CEO Elon Musk personally backed the program, saying he wanted to give buyers peace of mind.

  • July 13- General Motors Co narrowly avoided having to shut down some or all of its North American plants because of the failure of a small Massachusetts parts supplier when a U.S. Bankruptcy Court judge ruled on Wednesday that GM could retrieve the tooling and finished parts from the supplier, Clark-Cutler-McDermott, a court hearing showed.

  • DETROIT— A federal appeals court ruling that General Motors can't use its 2009 bankruptcy to fend off lawsuits over faulty and dangerous ignition switches exposes the automaker to billions in additional liabilities, according to legal experts. The 2nd U.S. Circuit Court of Appeals in Manhattan on Wednesday ruled that GM knew about the defective switches...

  • DETROIT, July 13- Tesla Motors Inc has cut the starting price of its Model X crossover, the second time this year the electric vehicle maker has lowered prices after missing sales targets. Tesla said on Wednesday a new version of the Model X crossover, the 60 D, will be priced from $74,000, $9,000 less than the Model X 75 D. Equipped with a 60 kWh battery, the 60 D has less...

  • July 13- Electric vehicle maker Tesla Motors has added a lower-priced version of its Model X crossover. The new Tesla Model X 60 D is priced from $74,000, $9,000 less than the Model X 75 D. Equipped with a 60 kWh battery, the 60 D has less torque and a shorter range between charges than the 75 D. Last month, Tesla cut the base price of its Model S sedan to $66,000.

  • DETROIT— Fiat Chrysler is turning to weekend car tinkerers and good-guy hackers to expose software vulnerability in its cars and trucks. The Italian-American automaker is offering a bounty of $150 to $1,500 to people who spot software bugs and report them so they can be fixed. FCA says it's the first automaker with a full lineup of cars and trucks to offer such a...

  • July 7- Investigators found a laptop computer in the Tesla Model S sedan involved in a fatal crash in May while running on autopilot, Florida investigators said on Thursday, leaving it unclear whether the driver was distracted at the time. Neither the laptop nor a DVD player also found in the vehicle was running after the crash, said Sergeant Kim Montes of the...

  • July 7- Investigators found a laptop computer in the Tesla Model S sedan involved in a fatal crash on May 7, the Florida Highway Patrol said on Thursday.