Vehicle sales

FILE- In this Tuesday, Feb. 25, 2020 file photo, robots work on an electric car ID.3 body at the assembly line during a press tour at the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, Germany. The coronavirus has cancelled business plans all over the world but Europe's push into electric cars isn't one of them. Sales of battery-powered and hybrid cars have held up despite a deeply painful recession, mainly thanks to the action of governments. (AP Photo/Jens Meyer, file)
July 15, 2020 - 4:43 am
FRANKFURT, Germany (AP) — The coronavirus has cancelled business plans all over the world but Europe's push into electric cars isn't one of them. Sales of battery-powered and hybrid cars have held up better than the overall market amid a deeply painful recession, mainly thanks to the action of...
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A customer wearing a face mask to protect against the new coronavirus looks at automobiles in a Tesla car showroom in Beijing, Thursday, June 11, 2020. China’s auto sales surged 14.5% in May, a second straight month of growth as the global industry’s biggest market gradually recovers from the coronavirus pandemic, the China Association of Automobile Manufacturers said Thursday. (AP Photo/Mark Schiefelbein)
June 11, 2020 - 2:50 am
HONG KONG (AP) — China’s auto sales surged 14.5% in May, a second straight month of growth as the global industry’s biggest market gradually recovers from the coronavirus pandemic. The China Association of Automobile Manufacturers said Thursday that sales of passenger cars jumped 7% from a year...
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May 27, 2020 - 11:57 am
WASHINGTON (AP) — The Federal Reserve detailed Wednesday what most of the nation is already acutely aware of: Economic activity fell sharply around the country in April and May as measures to combat the spread of the coronavirus outbreak took hold. Drawing on reports from its 12 regions, the Fed...
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FILE - In this Feb. 26, 2019, file photo, Jeep vehicles are parked outside the Jefferson North Assembly Plant in Detroit. Defying a wave of layoffs that has sent the U.S. job market into its worst catastrophe on record, at least one major industry is making a comeback: Tens of thousands of auto workers are returning to factories that have been shuttered since mid-March due to fears of spreading the coronavirus. (AP Photo/Carlos Osorio, File)
May 15, 2020 - 5:41 am
DETROIT (AP) — Defying a wave of layoffs that has sent the U.S. job market into its worst catastrophe on record, at least one major industry is making a comeback: Tens of thousands of auto workers are returning to factories that have been shuttered since mid-March due to fears of spreading the...
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May 06, 2020 - 2:07 am
FRANKFURT, Germany (AP) — Automaker BMW saw net profit fall slightly in the first quarter from a year earlier, when the company had a large one-time expense. The company said it expected earnings to deteriorate during the first half of this year due to the coronavirus lockdowns and predicted the...
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FILE - In this Feb. 26, 2019, file photo, Jeep vehicles are parked outside the Jefferson North Assembly Plant in Detroit. Fiat Chrysler is backing off a planned May 4 restart at its North American factories because some U.S. states still will have stay-home orders in place. The move likely means that factories of all three Detroit automakers will be idled for at least another two weeks as they negotiate reopening terms with the United Auto Workers union. (AP Photo/Carlos Osorio, File)
May 05, 2020 - 8:44 am
MILAN (AP) — Fiat Chrysler Automobiles on Tuesday reported a first-quarter net loss of 1.7 billion euros ($1.84 billion) due to a steep decline in car sales triggered by the coronavirus pandemic, and said the impact on the second-quarter would be even more severe. The Italian-American carmaker has...
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FILE - In this April 25, 2018, file photo, attendees take photos of the E-SEED electric concept car during a press conference by Chinese automaker BYD at the China Auto Show in Beijing. China is promising more subsidies to shore up plunging electric car sales amid the coronavirus pandemic but set limits that exclude Tesla’s made-in-China model. Subsidies and tax breaks that were due to end this year will be extended by two years in response to “an accumulation of unfavorable factors” including the virus, the Finance Ministry said Thursday, April 23, 2020.(AP Photo/Mark Schiefelbein, File)
April 23, 2020 - 10:39 pm
BEIJING (AP) — China is promising more subsidies to shore up plunging electric car sales amid the coronavirus pandemic but set limits that exclude Tesla’s made-in-China model. Subsidies and tax breaks that were due to end this year will be extended by two years in response to “an accumulation of...
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A saleswoman waits for customers in a shop as many smaller stores are allowed to open in Essen, Germany, Monday, April 20, 2020. Europe's biggest economy, starts reopening some of its stores and factories after weeks of lockdown due to the new coronavirus outbreak. (AP Photo/Martin Meissner)
April 20, 2020 - 2:20 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the global economy, the work place and the spread of the virus. ________________________ RESTRICTIONS VARY: North American border-crossing limits are being...
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In this April 13, 2020, photo, a couple walk through the capital city's popular shopping mall in Beijing. Chinese leaders have reopened factories and shops in an effort to revive the economy, but the consumers whose spending propels most of China's growth have been slow to return to shopping malls and auto dealerships. (AP Photo/Andy Wong)
April 16, 2020 - 1:44 am
BEIJING (AP) — China, where the coronavirus pandemic started in December, is cautiously trying to get back to business, but it’s not easy when many millions of workers are wary of spending much or even going out. Factories and shops nationwide shut down starting in late January. Millions of...
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FILE - In this April 8, 2020, file photo, workers assemble cars at the Dongfeng Honda Automobile Co., Ltd factory in Wuhan in central China's Hubei province. China's auto sales sank 48.4% in March from a year ago as the economy reeled from the coronavirus, according to an industry group, adding to strains for the struggling industry in its biggest global market. (AP Photo/Ng Han Guan, File)
April 11, 2020 - 3:33 am
BEIJING (AP) — China’s auto sales sank 48.4% in March from a year ago as the economy reeled from the coronavirus, according to an industry group, adding to strains for the struggling industry in its biggest global market. Sales of SUVs, sedans and minivans totaled just over 1 million, the China...
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