<![CDATA[Colorado Springs Gazette RSS - auto]]> http://gazette.com/rss/auto Tue, 17 Jan 2017 19:07:08 -0700 Zend_Feed http://blogs.law.harvard.edu/tech/rss <![CDATA[IndyCar keeps Firestone on board with contract extension]]> http://gazette.com/indycar-keeps-firestone-on-board-with-contract-extension/article/feed/439395?custom_click=rss http://gazette.com/indycar-keeps-firestone-on-board-with-contract-extension/article/feed/439395?custom_click=rss INDIANAPOLIS (AP) — The IndyCar Series has reached a multiyear contract extension with longtime tire supplier Firestone.

Terms of the new deal with Bridgestone Americas Tire Operations were not immediately available following Tuesday's announcement.

Firestone has a long history with the series, supplying the tires used by the first and last Indianapolis 500 winners and a record 67 winning cars in the first 100 races. Since 2000, it has been IndyCar's sole tire manufacturer.

This season, Firestone has agreed to provide more tires during practice sessions, including a set of softer tires for Friday practices on street and road courses. Series officials hope additional tires puts more cars on the track for practices, boo

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]]> Tue, 17 Jan 2017 12:58:36 -0700 <![CDATA[GM to add or keep 7,000 US jobs, make $1B factory investment]]> http://gazette.com/gm-to-add-or-keep-7000-us-jobs-make-1b-factory-investment/article/feed/439257?custom_click=rss http://gazette.com/gm-to-add-or-keep-7000-us-jobs-make-1b-factory-investment/article/feed/439257?custom_click=rss

DETROIT (AP) — General Motors plans to invest $1 billion in U.S. factories and add thousands of new white-collar jobs, measures that have been in the works for years but were announced Tuesday after criticism from President-elect Donald Trump.

In all, the Detroit automaker said it will create or keep 7,000 jobs in the next few years, including about 2,000 at factories. Another 5,000 new positions will be created at its auto financing arm and to develop advanced technology, electric and autonomous vehicles and information technology.

Trump has demanded the auto industry build more cars in the U.S.

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]]> Tue, 17 Jan 2017 10:43:32 -0700 <![CDATA[Today in History]]> http://gazette.com/today-in-history/article/feed/439337?custom_click=rss http://gazette.com/today-in-history/article/feed/439337?custom_click=rss Today in History

Today is Saturday, Jan. 28, the 28th day of 2017. There are 337 days left in the year. This is the Chinese New Year of the Rooster.

Today's Highlight in History:

On Jan. 28, 1986, the space shuttle Challenger exploded 73 seconds after liftoff from Cape Canaveral, killing all seven crew members, including schoolteacher Christa McAuliffe.

On this date:

In 1547, England's King Henry VIII died; he was succeeded by his 9-year-old son, Edward VI.

In 1813, the novel "Pride and Prejudice" by Jane Austen was first published anonymously in London.

In 1909, the United States withdrew its forces from Cuba as Jose Miguel Gomez became president.

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]]> Tue, 17 Jan 2017 09:01:53 -0700 <![CDATA[Baidu hires Microsoft expert in artificial intelligence push]]> http://gazette.com/baidu-hires-microsoft-expert-in-artificial-intelligence-push/article/feed/439281?custom_click=rss http://gazette.com/baidu-hires-microsoft-expert-in-artificial-intelligence-push/article/feed/439281?custom_click=rss BEIJING (AP) — Baidu Inc., which operates China's most popular Internet search engine, said Tuesday it has hired a former Microsoft executive and artificial intelligence specialist to improve its competitiveness in the field.

The Beijing-based company said Qi Lu was named group president and chief operating officer in charge of products, technology and sales. Qi, who has a Ph.D. from Carnegie Mellon University, previously was Microsoft Corp.'s global executive vice president.

"With Dr. Lu on board, we are confident that our strategy will be executed smoothly and Baidu will become a world-class technology company and global leader in Ai," said Baidu chairman Robin Li in a statement.

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]]> Tue, 17 Jan 2017 04:20:58 -0700 <![CDATA[Hyundai highlights US spending plan before Trump inaugurated]]> http://gazette.com/hyundai-highlights-us-spending-plan-before-trump-inaugurated/article/feed/439273?custom_click=rss http://gazette.com/hyundai-highlights-us-spending-plan-before-trump-inaugurated/article/feed/439273?custom_click=rss

SEOUL, South Korea (AP) — Hyundai Motor Group said Tuesday it will significantly increase its investment in the U.S. while Donald Trump is president and is considering building a new U.S. factory.

Chung Jin Haeng, a president of the world's fifth-largest automotive group, said Hyundai Motor, Kia Motors and their affiliated companies will spend $3.1 billion by 2021 on research and development and maintaining their factories in Alabama and Georgia.

That represents a 50 percent increase from the $2.1 billion the companies invested in the U.S. in 2012-2016.

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]]> Tue, 17 Jan 2017 02:40:02 -0700 <![CDATA[Asian markets lower amid Brexit worries]]> http://gazette.com/asian-markets-lower-amid-brexit-worries/article/feed/439115?custom_click=rss http://gazette.com/asian-markets-lower-amid-brexit-worries/article/feed/439115?custom_click=rss

BEIJING (AP) — Asian stocks declined Tuesday after Britain said Prime Minister Theresa May will announce London plans to withdraw completely from the European Union.

KEEPING SCORE: Tokyo's Nikkei 225 index lost 1 percent to 18,894.34 and the Shanghai Composite Index retreated 0.7 percent to 3,080.85. Sydney's S&P-ASX 200 fell 0.9 percent to 5,696.40 and New Zealand also declined. Seoul's Kospi added 0.5 percent to 2,074.73. Benchmarks in Taiwan, Indonesia and Bangkok gained while Singapore fell. U.S. markets were closed for a holiday.

BREXIT: The British government said Prime Minister Theresa May, in a speech Tuesday, will announce London wants a clean break with the European Union and will not seek to remain "half-in, half

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]]> Tue, 17 Jan 2017 00:12:30 -0700 <![CDATA[Defiant EU nations ready themselves for Trump presidency]]> http://gazette.com/defiant-eu-nations-ready-themselves-for-trump-presidency/article/feed/439125?custom_click=rss http://gazette.com/defiant-eu-nations-ready-themselves-for-trump-presidency/article/feed/439125?custom_click=rss

BRUSSELS (AP) — European Union nations bracing for the looming Donald Trump presidency showed defiance Monday in the face of the president-elect's stinging comments on everything from NATO and German cars to the crumbling of the EU itself.

German Foreign Minister Frank-Walter Steinmeier said the U.S. president-elect's view that NATO was obsolete and his criticism that European allied members aren't paying their fair share had "caused astonishment."

Trump also said Britain's decision to leave the 28-nation European Union would "end up being a great thing," and he predicted that other countries would also leave.

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]]> Mon, 16 Jan 2017 14:05:44 -0700 <![CDATA[Italy says tests show Fiat 500X cars meet emissions rules]]> http://gazette.com/italy-says-tests-show-fiat-500x-cars-meet-emissions-rules/article/feed/439201?custom_click=rss http://gazette.com/italy-says-tests-show-fiat-500x-cars-meet-emissions-rules/article/feed/439201?custom_click=rss ROME (AP) — The Italian transportation ministry says its tests show that Fiat 500X cars meet emissions rules, despite German contentions that the cars contain so-called defeat devices meant to cheat emissions tests.

A ministry statement Monday says it carried out the necessary checks and sent a detailed report to Germany indicating the model "meets the existing regulations" on emissions testing.

The ministry says no illegal defeat device system turned up in the testing.

Germany's transport minister has insisted that according to German experts Fiat used the devices.

Italian Transport Minister Graziano Delrio says "we have nothing to hide" and "you don't give orders to a sovereign country like Italy.

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]]> Mon, 16 Jan 2017 13:25:11 -0700 <![CDATA[Report: Trucking firms using gadgets to cheat on emissions]]> http://gazette.com/report-trucking-firms-using-gadgets-to-cheat-on-emissions/article/feed/439173?custom_click=rss http://gazette.com/report-trucking-firms-using-gadgets-to-cheat-on-emissions/article/feed/439173?custom_click=rss BERLIN (AP) — German public broadcaster ZDF reports that trucking companies in Europe may be using electronic equipment to commit large-scale emissions fraud.

Tests commissioned by ZDF and freight industry organization Camion Pro found that one in five diesel trucks operated by Eastern European firms had suspicious emission levels.

Experts at the University of Heidelberg concluded that the trucks were pumping out up to 14,000 metric tons of additional nitrogen oxide and evading millions in road toll fees.

In a program airing Tuesday, ZDF claims that trucking firms may be using gadgets to fool on-board computers into thinking the driver has used a diesel exhaust fluid, known as AdBlue.

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]]> Mon, 16 Jan 2017 10:46:23 -0700 <![CDATA[Ford recalls more than 4,500 Kuga SUVs in South Africa]]> http://gazette.com/ford-recalls-more-than-4500-kuga-suvs-in-south-africa/article/feed/439160?custom_click=rss http://gazette.com/ford-recalls-more-than-4500-kuga-suvs-in-south-africa/article/feed/439160?custom_click=rss

JOHANNESBURG (AP) — The South African unit of the Ford Motor Company says it is recalling 4,556 Kuga vehicles following several dozen reports of the car catching fire.

Jeff Nemeth, Ford's regional chief executive, said Monday that 1.6-liter Kugas made between December 2012 and February 2014 must be taken to a Ford dealer as soon as possible.

Ford held a joint news conference with South Africa's National Consumer Commission to discuss the recall of the Kugas. The U.S. carmaker has attributed the problem to overheating engines.

A man died in a burning Kuga in South Africa in 2015, though Ford said it believes the incident was not related to the defect. An investigation is ongoing.

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]]> Mon, 16 Jan 2017 10:31:01 -0700 <![CDATA[Asian shares mostly lower amid Brexit worries, Takata falls]]> http://gazette.com/asian-shares-mostly-lower-amid-brexit-worries-takata-falls/article/feed/439086?custom_click=rss http://gazette.com/asian-shares-mostly-lower-amid-brexit-worries-takata-falls/article/feed/439086?custom_click=rss

TOKYO (AP) — Asian shares were mostly lower Monday morning amid worries about Britain's exit from the European Union, and Takata stock dropped in Tokyo after the air bag maker agreed to a guilty plea in the U.S. over massive recalls.

KEEPING SCORE: Japan's benchmark Nikkei 225 was down 0.9 percent to 19,111.90 in morning trading. Australia's S&P/ASX 200 added 0.4 percent to 5,746.40. South Korea's Kospi lost 0.5 percent at 2,067.51. Hong Kong's Hang Seng slipped 0.7 percent to 22,768.55, while the Shanghai Composite dropped 1 percent to 3,080.67.

BREXIT WORRIES: British Prime Minister Theresa May is set to deliver a speech outlining her vision of Britain's post-EU future, and market players are worried what she says may ind

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]]> Sun, 15 Jan 2017 21:34:20 -0700 <![CDATA[Auto show concepts: Would you build them or forget them?]]> http://gazette.com/auto-show-concepts-would-you-build-them-or-forget-them/article/feed/438709?custom_click=rss http://gazette.com/auto-show-concepts-would-you-build-them-or-forget-them/article/feed/438709?custom_click=rss

DETROIT (AP) — Car companies don't just show current models at auto shows. They also unveil prototypes that could be built in the future. These so-called concept cars help them gauge the public's reaction to new designs or technology. They can also amp up excitement about a company's future.

These are some of the concept vehicles on display at the North American International Auto Show in Detroit, which opens to the public Saturday. As show visitors check out these concepts they should ask themselves: Would I build it or bag it?

VOLKSWAGEN I.D. BUZZ

The latest incarnation of VW's groovy, 1960s minibus is the I.D. Buzz. VW says I.D. stands for "identity" and "iconic design.

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]]> Sat, 14 Jan 2017 09:37:46 -0700 <![CDATA[US stock indexes end mostly higher on solid bank earnings]]> http://gazette.com/us-stock-indexes-end-mostly-higher-on-solid-bank-earnings/article/feed/438808?custom_click=rss http://gazette.com/us-stock-indexes-end-mostly-higher-on-solid-bank-earnings/article/feed/438808?custom_click=rss

Banks led U.S. stock indexes mostly higher Friday, propelling the Nasdaq composite index to its fourth record high this week.

Investors welcomed quarterly earnings from JPMorgan Chase, Bank of America and Wells Fargo, all of which reported results that exceeded Wall Street's expectations. Financial stocks also benefited from an upward move in bond yields, which drives higher interest rates on loans.

Real estate stocks were the biggest laggard. Shares in energy companies also closed lower as crude oil prices declined. Mixed data on U.S. retail sales weighed on department store stocks.

Friday's crop of company earnings kicks off several weeks of corporate earnings reports, giving investors new insight into the health of C

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]]> Fri, 13 Jan 2017 16:16:27 -0700 <![CDATA[Correction: Auto Show-Awards story]]> http://gazette.com/correction-auto-show-awards-story/article/feed/437620?custom_click=rss http://gazette.com/correction-auto-show-awards-story/article/feed/437620?custom_click=rss DETROIT (AP) — In a story Jan. 9 about awards presented at the Detroit auto show, The Associated Press reported erroneously the name of the Mazda vehicle that was a finalist for utility vehicle of the year. It's the Mazda CX-9, not X-9.

A corrected version of the story is below:

Chevy Bolt gets top car award; Pacifica top utility vehicle

The Chevy Bolt has been named top car in North America, an important milestone for a car General Motors hopes will finally get Americans hooked on electric vehicles

By JEFF KAROUB

AP Business Writer

DETROIT (AP) — The Chevy Bolt has been named top car in North America, an important milestone for a car General Motors hopes will finally get Americans hooked on electr

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]]> Fri, 13 Jan 2017 15:59:54 -0700 <![CDATA[What drivers should know about the Takata air bag recall]]> http://gazette.com/what-drivers-should-know-about-the-takata-air-bag-recall/article/feed/438806?custom_click=rss http://gazette.com/what-drivers-should-know-about-the-takata-air-bag-recall/article/feed/438806?custom_click=rss DETROIT (AP) — Japanese auto supplier Takata Corp. agreed to plead guilty Friday to a single U.S. criminal charge and pay $1 billion in fines and restitution related to its ongoing air bag recall.

Here are some answers to questions about the largest automotive recall in U.S. history.

Q: What is wrong with Takata air bags?

A: The driver and passenger-side air bags can inflate with too much force, blowing apart a metal canister and sending shards flying at drivers and passengers. The defect has caused at least 16 deaths and 180 injuries worldwide.

Q: Which automakers are involved and how many cars are affected?

A: The recall affects 42 million vehicles in the U.S., with 69 million air bags. Honda has the mos

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]]> Fri, 13 Jan 2017 15:51:55 -0700