Tag Archives: after

GM ceases Venezuelan operations after asset seizure


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


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


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


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


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


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