Tag: Auto industry

Italy's automotive workers plan to strike on Oct. 18 over a fall in output at Stellantis

ROME -- Workers in Italy's automotive sector will go on strike on Oct. 18, the main metalworkers unions said Tuesday, in protest of...

Trump pledges tariffs and repeats false claim of Chinese automakers building big Mexican factories

DETROIT -- Former President Donald Trump on Tuesday repeated false claims that Chinese automakers are putting up large factories in Mexico, vowing during...

BMW braking system recall contributes to decision to cut back 2024 outlook

NEW YORK -- BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the luxury German car maker...

As Volkswagen weighs its first closure of a German auto plant, workers aren't the only ones worried

FRANKFURT, Germany -- FRANKFURT, Germany (AP) — Volkswagen is considering closing some factories in its home country for the first time in the...

Asian benchmarks mostly decline as markets await Nvidia earnings

TOKYO -- Asian shares were mostly lower Wednesday, despite a record high on Wall Street, as investors awaited a closely watched earnings report...

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive

HANOI, Vietnam -- In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. Vishal Gondal was one of the...