Automobile parts manufacturing

October 22, 2018 - 2:11 am
MILAN (AP) — Fiat Chrysler Automobiles has announced the sale of its auto components division to Japanese automotive component supplier Calsoni Kansei Corporation in a deal valued at 6.2 billion euros ($7 billion). FCA said Monday that the Magneti Marelli sale would create the world's seventh-...
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FILE - In this Sept. 29, 2015, file photo, Elon Musk, CEO of Tesla Motors Inc., talks about the Model X car at the company's headquarters, in Fremont, Calif. Electric auto brand Tesla Inc. says it has secured land in Shanghai for its first factory outside the United States, pushing ahead despite mounting U.S.-Chinese trade tensions. The company said it signed an agreement on a 210-acre (84-hectare) site. (AP Photo/Marcio Jose Sanchez, File)
October 17, 2018 - 11:10 am
BEIJING (AP) — Electric auto brand Tesla Inc. said it signed an agreement Wednesday to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions. Tesla, based on Palo Alto, California, announced plans for the...
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FILE- In this March 13, 2015, file photo, a worker inspects a new 2015 aluminum-alloy body Ford F-150 truck at the company's Kansas City Assembly Plant in Claycomo, Mo. Under pressure from U.S. safety regulators, Ford is recalling about 2 million F-150 pickups in North America because the seat belts can cause fires. The recall covers certain trucks from the 2015 through 2018 model years. (AP Photo/Charlie Riedel, File)
September 06, 2018 - 8:47 am
DETROIT (AP) — Under pressure from U.S. safety regulators, Ford is recalling about 2 million F-150 pickup trucks in North America because the seat belts can spark and cause fires. The recall, which covers trucks from the 2015 through 2018 model years, comes about one month after the National...
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August 30, 2018 - 11:58 am
LONDON (AP) — Dyson, the British company best known for its ground-breaking vacuum cleaners, said Thursday that it plans to build auto test tracks as it expands electric vehicle development at a former Royal Air Force airfield. The company said it plans to spend an additional 116 million pounds ($...
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FILE - In this April 6, 2018, file photo, an employee walks past logos of the Samsung Electronics Co. at its office in Seoul, South Korea. Samsung Electronics says it will spend $22 billion over the next three years on artificial intelligence, auto components, and other future businesses. (AP Photo/Ahn Young-joon, File)
August 08, 2018 - 3:50 am
SEOUL, South Korea (AP) — Samsung Electronics plans to spend a whopping $22 billion over the next three years on artificial intelligence, auto components and other future businesses as the company maps out its strategy under the restored leadership of Vice Chairman Lee Jae-yong after he was freed...
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FILE - In this April 15, 2018, file photo, the sun shines off the rear deck of a roadster on a Tesla dealer's lot in the south Denver suburb of Littleton, Colo. Martin Tripp, a former Tesla Inc. employee at the electric car maker's battery plant in Nevada, is seeking at least $1 million in defamation damages after it accused him of hacking into computers and stealing confidential information leaked to the media. His lawyers filed a counterclaim in federal court in Reno, Nev., Tuesday, Aug. 2. (AP Photo/David Zalubowski, File)
August 02, 2018 - 3:20 pm
RENO, Nev. (AP) — A former Tesla Inc. employee at the electric car maker's battery plant in Nevada is seeking at least $1 million in defamation damages after it accused him of "sabotage," hacking into computers and stealing confidential information leaked to the media. Lawyers for Martin Tripp...
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FILE- In this Jan. 10, 2017, file photo, General Motors Chairman and CEO Mary Barra speaks about the financial outlook of the automaker in Detroit. An escalating trade war and steep tariffs on steel and aluminum are putting pressure on earnings for automakers, prompting GM to slash its outlook while also weighing down shares of Ford Motor Co. and auto parts companies. (AP Photo/Paul Sancya, File)
July 25, 2018 - 6:39 pm
A Trump administration-led trade war with China and U.S. tariffs on steel and aluminum are putting pressure on earnings for automakers, prompting General Motors to slash its outlook and, among other factors, cutting into Ford Motor Co.'s earnings. GM cited "recent and significant increases in...
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FILE - In this file photo dated Thursday, Sept. 10, 2009, car transporters in Ruesselsheim, central Germany. The European Union Trade Commissioner Cecilia Malmstrom said Thursday July 19, 2018, it is preparing measures to retaliate against the United States if US President Donald Trump escalates trade tensions with new auto tariffs. (AP Photo/Michael Probst, FILE)
July 25, 2018 - 6:23 am
HELSINKI (AP) — Top European Union officials were going into a meeting with U.S. President Donald Trump on Wednesday warning they are ready to put tariffs on $20 billion of American goods if he puts duties on car imports. EU Commission President Jean-Claude Juncker and trade chief Cecilia Malmstrom...
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