Autos

Tesla Short Interest Rises, Consumer Reports Cuts Rating

Short interest in Tesla Inc. (NASDAQ: TSLA) for the period ending April 13 totaled 31.58 million shares, up from the 31.35 million shares (0.7%) short reported in the prior period. ...
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Short Interest in Ford Surges 11 Million Shares

The short interest in Ford Motor Co. (NYSE: F) rose by 11.7 million shares to 121.6 million for the period that ended April 13. Ford's total short interest was fifth ...
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US Car Sales Likely to Drop for First Time Since 2009

April U.S. car sales likely sputtered. The weakening is another sign that auto sales will drop in 2017 compared to 2016. It will be the first year-over-year drop since 2009, ...
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China to Dwarf US Car Sales in 7 Years

The government of China said Tuesday morning that it expects its annual automobile production output to reach 30 million by 2020 and 35 million by 2025. The Ministry of Industry ...
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Waymo Sets First Self-Driving Car Public Tests

Alphabet Inc.'s (NASDAQ: GOOGL) self-driving car unit Waymo says it is ready to begin tests with people outside its own employees. It asked for people to apply for its early ...
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Faulty Parking Brakes Lead Tesla to Recall 53,000 Vehicles

Tesla Inc. (NASDAQ: TSLA) announced Wednesday afternoon that it is recalling 53,000 Model S sedans and Model X sport utility vehicles to resolve a problem with the vehicles' electric parking ...
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Venezuela Nationalizes GM Plant, Company Quits the Country

General Motors Co. (NYSE: GM) has shut down operations in Venezuela following the government's seizure of the GM plant in Carabobo on Wednesday. In a statement, the company said it ...
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Porsche Plans to Expand Electric Vehicle Line

Volkswagen AG's Porsche cars generate the highest margins of any brand in the VW stable. Now the company says it plans to invest some of that margin in financing development ...
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Ford, FCA Boost EU Market Share in March; GM Slides Ahead of Opel Sale

The European Automobile Manufacturers Association (ACEA) reported Wednesday that new vehicle registrations in the European Union rose 11.2% in March compared with new registrations in March of 2016. New registrations ...
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Why Baidu Looks to Share Driverless Technology

Baidu Inc. (NASDAQ: BIDU) is the latest company reaching for a bigger share of the increasingly crowded autonomous, or self-driving, vehicle market. The Chinese tech company has launched Project Apollo, ...
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Volvo to Export Electric Cars From China

Volvo will both make electric cars in China and export them to other markets. The decision pushes Volvo beyond two important milestones. It becomes another manufacturer that will challenge Tesla ...
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US Drivers Remain Skeptical of Self-Driving Cars

Even though automakers, computer hardware companies, and just about any industry with a pulse is gasping over the opportunities available in the autonomous driving sector, U.S. drivers are much warier. ...
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10 Most Eco-Friendly Cars for Earth Day 2017

On the first Earth Day, April 22, 1970, the average fuel economy of the cars and light trucks on U.S. roads and highways was less than 15 miles per gallon ...
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US Drivers Distracted by Their Phones on 88% of Trips

According to a new study released Monday, U.S. drivers used their smartphones on 88% of the 570 million trips they took between December and February. That works out to 5.6 ...
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California’s 30 Self-Driving Car Permits Include Apple, VW, BMW and Ford

The list of companies that have received permits to test "autonomous vehicles" in California has grown to 30, as experts expect a large portion of the auto industry to employ ...
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