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Detroit automakers idle U.S. plants to combat coronavirus outbreak

Detroit automakers idle U.S. plants to combat coronavirus outbreak

Thu, Mar 19, 2020

United Auto Workers (UAW) union President Rory Gamble, who had previously called on the Detroit automakers to close their U.S. plants, in a Wednesday statement called shutdowns "the prudent thing to do."

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Hyundai hopes bigger, revamped Santa Fe SUV will reverse US sales slump

Hyundai hopes bigger, revamped Santa Fe SUV will reverse US sales slump

Tue, Jan 30, 2018

The revamped version of its top-selling SUV in the United States and South Korea features a longer, more voluminous body than its predecessor while boasting advanced safety features such as warnings on approaching objects from the rear when a car stops.

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'Mahindra US plant an illustration of India-US economic ties'

'Mahindra US plant an illustration of India-US economic ties'

Thu, Nov 23, 2017

Indian automobile giant Mahindra's new manufacturing plant in Detroit with an investment of $230 million is an illustration of the India- US economic partnership, the Trump administration has said.

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Automaker Mahindra wants to sell electric vehicles in US

Automaker Mahindra wants to sell electric vehicles in US

Tue, Nov 21, 2017

Anand Mahindra said his company had been testing self-driving models since it bought a minority stake in Japan`s Mitsubishi Agriculture Machinery in 2015. Mahindra & Mahindra operates several US tractor assembly plant

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Tesla edges out GM to become most valuable US carmaker

Tesla edges out GM to become most valuable US carmaker

Tue, Apr 11, 2017

For the first time in the era of the modern automobile, the most valuable US carmaker is not based in Detroit.

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Ford sees lower 2017 profits, takes hit from pensions, Mexico

Ford sees lower 2017 profits, takes hit from pensions, Mexico

Thu, Jan 26, 2017

Ford Motor Co has reported a loss of $783 million in the fourth quarter of 2016.

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Mexico's peso hits new record low

Mexico's peso hits new record low

Wed, Jan 11, 2017

The Mexican peso sank to another historic low on Tuesday in the wake of an unpopular gasoline price hike and US President-elect Donald Trump`s latest protectionist threats against automakers.

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Detroit auto show kicks off with trade plea to Trump

Detroit auto show kicks off with trade plea to Trump

Tue, Jan 10, 2017

Auto executives rushed to offer fresh evidence of US investments at the start of the Detroit auto show on Monday, amid pressure from President-elect Donald Trump to repatriate manufacturing jobs.

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