Category: Motor Age Articles
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GM halts work at 15 Michigan plants amid cold snap emergency
GM, at the request of a Michigan utility, said it stopped production at four assembly plants and 11 supporting facilities as a way for the utility to conserve natural gas. GM also is asking the roughly 20,000 employees at its Warren Tech Center to work…
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GM halts work at 13 Michigan plants amid cold snap emergency
GM, at the request of a Michigan utility, said it stopped production at four assembly plants and nine supporting facilities as a way for the utility to conserve natural gas. GM also is asking employees at its Warren Tech Center and Pontiac Propulsion o…
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Tesla reports 2nd straight quarterly profit
One week after Tesla CEO Elon Musk warned that “the road ahead is very difficult,” the company reported its second straight quarterly profit, albeit a smaller one than in the previous period.
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Musk: After Q4 profit, Tesla to be in the black every quarter in ‘19
One week after he indicated the “road ahead is very difficult” for Tesla, CEO Elon Musk seemed to place the electric carmaker on firmer footing. Tesla said it enjoyed its second consecutive profitable quarter during the final three months of 2018.
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Cold, shutdown hinder Jan. sales
New U.S. light-vehicle sales are expected to be little changed in January from the start of 2018, though the record cold sweeping through the Midwest makes a decline more probable.
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Canada lawmakers want to question GM CEO Mary Barra
Canada’s House of Commons Standing Committee on Industry, Science and Technology will ask Mary Barra to “come before committee and explain General Motors’ future and continued commitment to the Canadian automotive and manufacturing industry in Canada.”…
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Second Apple worker faces charges of stealing AV secrets for Chinese company
According to a complaint filed in federal court, the company discovered that Jizhong Chen had taken photographs inside a secret work space and had downloaded 2,000 files.
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Lexus to produce 100 Flare Yellow LC 500 coupes
Lexus will show a Flare Yellow LC 500 at next week’s Chicago Auto Show, and will offer 100 of the lemon-colored coupes for sale through its dealerships this year.
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Gentex Q4 net income down 19% on vehicle production concerns
The mirror supplier said it reported a decline in fourth-quarter profits and revenue, driven by plant shutdowns and changes to production schedules at automakers and other automotive customers.
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Ford adding overtime Ranger production as first-month sales hit 1,200
Kumar Galhotra, Ford’s president of North America, said more than 300,000 hand-raisers have indicated they’d like to purchase the vehicle.