Tag Archives: after

GM ceases Venezuelan operations after asset seizure

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by Dave Adams Automotive Images General Motors said it is ceasing its Venezuelan operations after its assets in the country were seized by public authorities. … Automotive News Breaking News Feed

Uber suspends self-driving car program after Arizona crash

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by madopal Uber has suspended its pilot program for autonomous vehicles after a vehicle equipped with the nascent technology crashed on an Arizona roadway, the ride-hailing company and local police said. … Automotive News Breaking News Feed

Mercedes will recall 1 million newer vehicles globally, 307,629 in U.S., after 51 fires

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by Niklas Emmerich Photography Daimler said it will recall 1 million newer-model Mercedes-Benz vehicles worldwide due to the risk of fire, after 51 fires were reported. … Automotive News Breaking News Feed

Tesla shares slump after Goldman downgrade

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by grandjury Tesla shares fell more than 5 percent in early trading today after Goldman Sachs turned negative on the stock and cast doubt on CEO Elon Musk’s ability to deliver the company’s new vehicle on time. … Automotive News Breaking News Feed

Takata forecasts third annual loss after U.S. criminal settlement

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by CAHairyBear Takata, the troubled airbag supplier behind the biggest auto safety recall, said it will probably report a third consecutive annual loss as it booked a one-time charge after agreeing to settle a U.S. criminal investigation. … Automotive News Breaking News Feed

Jan. auto sales expected to downshift slightly after strong 2016 finish

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by CarSpotter U.S. new-vehicle sales, coming off the industry’s strongest December in history, are starting 2017 with only a slight slowdown, according to four forecasts issued this week. … Automotive News Breaking News Feed