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Scandal-mired Toyota group automaker Daihatsu reshuffles leadership

Scandal-mired Toyota group automaker Daihatsu reshuffles leadership

TOKYO (AP) — Japanese automaker Daihatsu on Tuesday named a veteran at its parent company Toyota to replace its president as it tries to repair the damage from a scandal over cheating on vehicle safety tests. The troubles at Daihatsu Motor Co.

New Mexico Senate endorses budget bill emphasizing savings during oil sector windfall

SANTA FE, N.M.

Editorial Roundup: United States

Excerpts from recent editorials in the United States and abroad: Feb. 6 The Washington Post on AM radio Contrary to the popular refrain, video never really did kill the radio star. Electric vehicles, however, might do the job.
Higher price tag, repair costs could drive up insurance premiums for EVs, report says

Higher price tag, repair costs could drive up insurance premiums for EVs, report says

TORONTO — Drivers may see higher premiums for their electric vehicles as the insurance industry adjusts to the shift from gas-powered cars to electric alternatives, a new report suggests.
US closes 7-year probe into Ford Fusion power steering failures without seeking further recalls

US closes 7-year probe into Ford Fusion power steering failures without seeking further recalls

U.S. auto safety regulators have closed a seven-year investigation into complaints about power-assisted steering failures in Ford Fusions without seeking additional recalls.
Less is more? Consumers have fewer choices as brands prune their offerings to focus on best sellers

Less is more? Consumers have fewer choices as brands prune their offerings to focus on best sellers

NEW YORK (AP) — How much choice is too much? Apparently for Coca-Cola, it's about 400 different types of drinks.
Mobileye CEO Shashua expects more autonomous vehicles on the road in 2 years as tech moves ahead

Mobileye CEO Shashua expects more autonomous vehicles on the road in 2 years as tech moves ahead

DETROIT (AP) — Six years ago, automakers and tech companies thought they were on the cusp of putting thousands of self-driving robotaxis on the street to carry passengers without a human driver.
Remote software updates transforming auto industry, experts say

Remote software updates transforming auto industry, experts say

TORONTO — Picture a broken-down car at the side of the road. Most likely, it's an image of a frustrated driver looking under the hood or using their phone to call for help. But that may be changing.

Elon Musk's Neuralink moves legal home to Nevada after Delaware judge invalidates his Tesla pay deal

Elon Musk’s brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada after a Delaware judge struck down Musk's $55.8 billion pay package as CEO of Tesla.
Magna International reports Q4 profit and sales up from year earlier, raises dividend

Magna International reports Q4 profit and sales up from year earlier, raises dividend

TORONTO — Magna International Inc. raised its dividend as it reported its fourth-quarter profit and sales rose compared with a year ago. The auto parts maker, which keeps its books in U.S. dollars, says it will pay a quarterly dividend of 47.