Latest News Updates From Associated Press

BusinessTechnologyFuelAutonomous

Fiat Chrysler in Talks With Foxconn to Develop Electric Cars

MILAN — Fiat Chrysler is in talks with the Chinese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Jan. 17.

January 17, 2020

Think Tank Says UAW Deals Increased Automakers’ Labor Costs

DETROIT — New contracts between the United Auto Workers union and Detroit’s three automakers substantially increased the cost gap between Detroit and foreign automakers with U.S. factories, an industry think tank says.

January 15, 2020
GovernmentBusinessFuel

China’s Economy Czar Coming to Washington to Sign Trade Deal

China’s economy czar will visit Washington the week of Jan. 13 for the signing of an interim trade deal, the government said Jan. 9.

January 9, 2020
GovernmentBusinessSafety

U-Haul Won’t Hire Nicotine Users in 21 States

NEW YORK — U-Haul said that it won’t hire nicotine users in the 21 states where it is legal to do so, saying that it wants to ensure a “healthier workforce.”

January 3, 2020
BusinessTechnologyFuelAutonomous

Tesla 2019 Sales Hit Goals, Rise Over 50% From Previous Year

DETROIT — Tesla Inc.’s global deliveries rose more than 50% last year, meaning the company surpassed the low end of its sales goals for 2019.

January 3, 2020
GovernmentBusinessTechnologyFuel

Turkish Leader Unveils Prototypes of Electric Car

ANKARA, Turkey — Turkish President Recep Tayyip Erdogan on Dec. 27 unveiled prototypes of a domestically produced electric car, putting him closer to fulfilling a long-held dream of building Turkey’s first “national” automobile.

December 27, 2019
GovernmentBusiness

China Announces Tariff Cuts, More Competition in Markets

BEIJING — China will reduce tariffs Jan. 1 on more than 850 foreign products including frozen pork, asthma medications and some high-tech components to spur economic development.

December 23, 2019
GovernmentBusinessFuel

Shipping Industry Proposes Fund to Tackle Carbon Emissions

BERLIN — A global shipping industry organization is proposing a research and development program to help cut carbon dioxide emissions, funded by about $5 billion from shipping companies over a decade.

December 18, 2019
GovernmentBusinessTechnologyLogistics

Germany Set to Agree to Higher CO2 Price for Transport, Heating

Germany’s two houses of parliament are poised to more than double the starting price for carbon dioxide emissions from the transport and heating industries when the charge is introduced in 2021.

December 16, 2019
BusinessTechnology

German Automaker Audi to Cut 9,500 Jobs by 2025

BERLIN — Volkswagen subsidiary Audi says it’s cutting 9,500 jobs in Germany through 2025 as part of a transformation plan to make the company “lean and sustainable.”

November 26, 2019

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