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Automotive
Automotive
Auto parts maker Magna International sees Q2 net income hit US$328 million
AURORA, ONTARIO — Magna International Inc. says its second-quarter profit tumbled from a year ago to US$328 million. The Aurora, Ont.-based auto parts manufacturer, which keeps its books in U.S.
Aug 2, 2024 5:33 AM
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In Mexico City, women water harvesters help make up for drought and dicey public water system
MEXICO CITY (AP) — Gliding above her neighborhood in a cable car on a recent morning, Sonia Estefanía Palacios Díaz scanned a sea of blue and black water tanks, tubes and cables looking for rain harvesting systems.
Aug 1, 2024 10:44 PM
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Google to charge new fee on ads in response to Canada’s digital services tax
OTTAWA — Google says it will pass on the cost of the Liberal government’s digital services tax to advertisers. The company says it will implement a 2.5 per cent surcharge for ads displayed in Canada, starting in October.
Aug 1, 2024 5:46 PM
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CarShield to pay $10M to settle deceptive advertising charges
CarShield will pay $10 million to settle charges that its advertisements and telemarketing for its extended auto warranty plans are deceptive and misleading, the Federal Trade Commission said.
Aug 1, 2024 6:11 AM
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Uber, China's BYD, form partnership to deploy 100,000 EVs in EU and Latin America
BANGKOK (AP) — The ride sharing giant Uber and Chinese automaker BYD plan a partnership to introduce 100,000 BYD model EVs on the Uber platform in Europe and Latin America, eventually expanding to other markets, the companies announced.
Aug 1, 2024 2:15 AM
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Lion Electric announces 300 more layoffs, driving stock into the tank
MONTREAL — Lion Electric Co. says it is laying off hundreds more workers as part of a plan to staunch its financial losses. The announcement sent the electric bus company's shares into a tailspin, leaving them a penny stock by day's end.
Jul 31, 2024 6:47 PM
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US road safety agency will look into fatal crash near Seattle involving Tesla using automated system
DETROIT (AP) — U.S. road safety investigators say they will look into an April crash near Seattle after authorities determined that a Tesla was operating on the company's “Full Self-Driving” system when it hit and killed a motorcyclist.
Jul 31, 2024 2:31 PM
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US stands by decision that 50 million air bag inflators are dangerous, steps closer to huge recall
DETROIT (AP) — U.S. auto safety regulators say they stand by a conclusion that more than 50 million air bag inflators are dangerous and should not be in use, taking another step toward a massive recall.
Jul 31, 2024 1:34 PM
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Families face food insecurity in Republican-led states that turned down federal aid this summer
TALLAHASSEE, Fla. (AP) — Crystal Ripolio had tears in her eyes as she walked the produce line at the Good News Outreach food bank in Tallahassee. It was the bags of ripe peaches that did her in. “We don’t have anything in our fridge,” Ripolio said.
Jul 31, 2024 1:19 PM
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UAW endorses Harris, giving her blue-collar firepower in industrial states
DETROIT (AP) — The United Auto Workers on Wednesday endorsed Vice President Kamala Harris for president, giving her union firepower for the likely contest this November against Republican Donald Trump.
Jul 31, 2024 11:52 AM
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