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Automotive

Germany to reduce government incentives to buy electric cars

Germany to reduce government incentives to buy electric cars

BERLIN (AP) — The German government plans to reduce incentive payments for buyers of electric cars and end subsidies for buying plug-in hybrids at the end of this year.
Global stocks, oil prices higher before likely US rate hike

Global stocks, oil prices higher before likely US rate hike

BEIJING (AP) — Major global stock markets and Wall Street futures advanced Wednesday as traders prepared for a possible sharp interest rate hike by the Federal Reserve to cool surging inflation. London and Frankfurt opened higher.
Rising food, rent costs eat into young professionals' disposable income

Rising food, rent costs eat into young professionals' disposable income

With inflation at a nearly 40-year high, Canadians are feeling the financial strain. In a six-part series this summer, The Canadian Press is speaking to people at different stages of life to see where they’re being hit the hardest.
Asian stocks follow Wall St lower before likely US rate hike

Asian stocks follow Wall St lower before likely US rate hike

BEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday as traders prepared for a possible sharp interest rate hike by the Federal Reserve to cool inflation. Shanghai, Hong Kong and South Korea declined. Tokyo and Sydney advanced.

Judge: Uber doesn't have to offer wheelchair accessibility

SAN FRANCISCO (AP) — A California federal judge has rejected a legal push to require Uber to provide wheelchair-accessible vehicles, finding that such a mandate would be too onerous on the ride-hailing company. U.S.
Stellantis laying off employees at two Ontario plants

Stellantis laying off employees at two Ontario plants

WINDSOR, Ont.
Energy Dept. backs $2.5B loan to GM venture for EV batteries

Energy Dept. backs $2.5B loan to GM venture for EV batteries

WASHINGTON (AP) — A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states.
US opens 3 probes of safety issues in Stellantis vehicles

US opens 3 probes of safety issues in Stellantis vehicles

DETROIT (AP) — U.S. safety regulators have opened three investigations into safety issues with about 1.65 million vehicles made by Stellantis. The largest probe covers 1.34 million Jeep Cherokee small SUVs from the 2014 through 2020 model years.

CP NewsAlert: Pope Francis leaves Edmonton church

Pope Francis has left Edmonton's Sacred Heart Church of the First Peoples. The pontiff gave an address to church members about reconciliation and received several gifts.
Florida school shooter's AR-15 rifle shown to his jurors

Florida school shooter's AR-15 rifle shown to his jurors

FORT LAUDERDALE, Fla.