ITRI predicts rebound for Taiwan's machinery industry next year

TAIPEI (Taiwan News) — The Industrial Technology Research Institute (ITRI) said Monday (Oct. 26) that Taiwan's machinery industry could bounce back in 2021 with an estimated 8 percent increa...

Business Highlights

___ Justice Dept. files landmark antitrust case against Google WASHINGTON (AP) — The Justice Department on Tuesday sued Google for antitrust violations, alleging th...

Tennessee factory to become GM's 3rd electric vehicle plant

DETROIT (AP) — General Motors plans to spend $2 billion to convert its Spring Hill, Tennessee, assembly plant into a third U.S. site to build future electric vehicles. The Detroit au...

Tesla to export China-made Model 3 vehicles to Europe

BEIJING/SHANGHAI (Reuters) - Tesla Inc said on Monday it would start exporting China-made Model 3 cars to more than 10 European countries this month, joining a growing number of automakers using China...

GM expected to announce electric vehicle for Tennessee plant

DETROIT (AP) — General Motors is expected to reveal that it will build the Cadillac Lyriq electric SUV at its factory in Spring Hill, Tennessee, when it makes a major manufacturing announcement on Tue...

German utility restores water supply to Tesla after stoppage

BERLIN (AP) — A German utility said Friday it is restoring water supply to the construction site of a Tesla factory near Berlin, a day after it was cut off because of an unpaid bill. ...

Taiwan's Foxconn and Yulon aim to supply 10% of world’s electric cars

TAIPEI (Taiwan News) — Taiwan electronics giant Foxconn Technology and local carmaker Yulon Group said Friday (Oct. 16) their joint efforts to manufacture electric vehicles (EVs) will likely yie...

Electric cars, homes and shops: NJ's clean energy future?

ATLANTIC CITY,N.J. (AP) — Gasoline-powered vehicles would become a thing of the past, and nine out of every 10 buildings in New Jersey would be heated and cooled by electricity instead of natural gas ...

German water utility pulls plug on Tesla over unpaid bills

BERLIN (AP) — A German utility company says it has shut down the pipes supplying Tesla with water for the construction of a factory near Berlin because the automaker hasn't paid its bills. ...

US investigates fire reports in Chevy Bolt electric vehicles

DETROIT (AP) — The U.S. government's road safety agency is investigating complaints that the Chevrolet Bolt electric vehicle can catch fire. The probe by the National Highway Traffic...

China's vehicle sales pick up in September as market revives

BEIJING (AP) — China’s vehicle sales including trucks and buses accelerated in September as the industry’s biggest global market recovered from the coronavirus pandemic, an industry group reported Tue...

Business Highlights

___ Pre-election economy: Unemployment falls, but hiring slows WASHINGTON (AP) — The U.S. unemployment rate has dropped to 7.9%, but hiring is slowing and many Amer...

Tesla sales surge as global demand picks up speed

Tesla's third-quarter sales rose 44% from a year ago as global demand for its electric vehicles proved stronger than most other automakers. The company said it delivered 139,000 SUVs...

New Ford CEO replaces CFO, pledges stronger profit margins

DETROIT (AP) — On his first day in Ford's top job, CEO Jim Farley is replacing the company's chief financial officer and announcing other structural and management changes. The compa...

Getting warmer: Trump concedes human role in climate change

President Donald Trump publicly acknowledged that humans bear some blame for climate change, but scientists say the president still isn't dealing with the reality of our primary role. ...