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Automotive
Automotive
Magna beats expectations with profit boost as light vehicle production ramps up
Magna International Inc. is reporting a jump in profits and revenues for its third quarter, beating analyst expectations. The auto parts manufacturer, which keeps its books in U.S.
Nov 3, 2023 7:24 AM
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UAW members at the first Ford plant to go on strike overwhelmingly approve the new contract
DETROIT (AP) — Autoworkers at the first Ford factory to go on strike have voted overwhelmingly in favor of a tentative contract agreement reached with the company.
Nov 2, 2023 4:49 PM
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Uber and Lyft to pay $328 million to settle dispute over taxes and fees paid by New York drivers
ALBANY, N.Y.
Nov 2, 2023 3:46 PM
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The Biden administration pushes for more US-Latin America trade, seeking to lessen Chinese influence
WASHINGTON (AP) — President Joe Biden is trying to increase trade with Latin America, meeting on Thursday with the heads of the Dominican Republic and Chile as part of a broader effort to disrupt China’s dominance in global manufacturing .
Nov 2, 2023 2:30 PM
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October new vehicle sales up 20 per cent: DesRosiers
TORONTO — DesRosiers Automotive Consultants Inc. says new vehicle sales defied affordability headwinds to rise an estimated 20 per cent in October compared with last year.
Nov 2, 2023 8:47 AM
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Nippon Steel drops patent lawsuit against Toyota in name of partnership
TOKYO (AP) — Nippon Steel Corp. has dropped its lawsuit against Toyota Motor Corp. over a patent for a technology used in electric motors, saying wrangling among Japanese companies was not beneficial to keep the nation competitive.
Nov 2, 2023 12:55 AM
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Toyota recalls nearly 1.9M RAV4s to fix batteries that can move during hard turns and cause a fire
DETROIT (AP) — Toyota said Wednesday it is recalling nearly 1.9 million RAV4 small SUVs in the U.S. to fix a problem with batteries that can move during forceful turns and potentially cause a fire.
Nov 1, 2023 4:06 PM
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Alberta announces reforms to address high premiums for automobile insurance
EDMONTON — The Alberta government is promising reforms to reduce high auto insurances costs, but the Official Opposition says the changes are so soft and cosmetic they do little for drivers getting walloped by high premiums.
Nov 1, 2023 11:53 AM
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Edmunds hot hatch comparison: Acura Integra Type S vs. VW Golf R
To the intrigue of many compact-car enthusiasts, Acura brought back its Integra nameplate for 2023 after a long hiatus.
Nov 1, 2023 3:30 AM
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Auto strike settlements will raise costs for Detroit's Big 3. Will they be able to raise prices?
DETROIT (AP) — From generous pay and benefits to stronger job security, the United Auto Workers union won significant concessions in tentative settlements that have ended their strikes against Detroit’s three automakers.
Nov 1, 2023 12:24 AM
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