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Sessions asks 46 Obama-era U.S. attorneys to resign

WASHINGTON U.S. Attorney General Jeff Sessions abruptly asked the remaining 46 chief federal prosecutors left over from the Obama administration to resign on Friday, including Manhattan U.S. Attorney Preet Bharara, who had been asked to stay on in November by then President-elect Donald Trump. | Video

Latest Auto News

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Exclusive: 'Car vending machine' firm Carvana hires banks for IPO - sources

U.S. used-auto retailer Carvana LLC, which allows customers to pick up cars they buy on the internet from vending machine-like towers, has tapped investment banks for an initial public offering, according to people familiar with the matter.

2:42am EST
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Tesla's Musk discusses energy proposal with South Australian government

SYDNEY Tesla Inc boss Elon Musk spoke with the premier of South Australia on Saturday after the tech entrepreneur offered to install $25 million of battery storage within 100 days to prevent recurring blackouts that have disrupted the state.

2:12am EST

Tesla's Musk discusses energy proposal with South Australian govt

SYDNEY, March 11 Tesla Inc boss Elon Musk spoke with the premier of South Australia on Saturday after the tech entrepreneur offered to install $25 million of battery storage within 100 days to prevent recurring blackouts that have disrupted the state.

2:00am EST

UPDATE 6-Sessions asks 46 Obama-era U.S. attorneys to resign

WASHINGTON, March 10 U.S. Attorney General Jeff Sessions abruptly asked the remaining 46 chief federal prosecutors left over from the Obama administration to resign on Friday, including Manhattan U.S. Attorney Preet Bharara, who had been asked to stay on in November by then President-elect Donald Trump.

Mar 10 2017

Deals of the day- Mergers and acquisitions

March 10 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

Mar 10 2017

COLUMN-VW calls out plaintiffs' firm for dubious billing in emissions case: Frankel

NEW YORK, March 10 In an unusual filing in the consolidated litigation over Volkswagen’s emissions cheating software, the car company has accused the leading plaintiffs' firm Hagens Berman Sobol Shapiro of attempting to inflate its account of hourly billings in the class action by VW dealers to justify its $28 million fee request.

Mar 10 2017
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California paves way to self-driving car tests without humans

DETROIT California, the largest U.S. car market, plans to allow testing on public roads of self-driving vehicles without human backup drivers by the end of the year, state officials said Friday.

Mar 10 2017

California paves way to self-driving car tests without humans

DETROIT, March 10 California, the largest U.S. car market, plans to allow testing on public roads of self-driving vehicles without human backup drivers by the end of the year, state officials said Friday.

Mar 10 2017

UPDATE 4-Volkswagen pleads guilty in U.S. court in diesel emissions scandal

DETROIT/WASHINGTON, March 10 Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the U.S. Justice Department in January over the automaker's diesel emissions scandal.

Mar 10 2017
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Mitsubishi likely to share pickups with Nissan: COO

GENEVA Mitsubishi Motors and its new parent Nissan are studying joint production of pickup trucks in Southeast Asia as they look for savings within the broader Renault-Nissan alliance, a senior executive told Reuters.

Mar 10 2017

UPDATE 1-U.S. auto recalls hit record high 53.2 million in 2016

WASHINGTON, March 10 Automakers recalled a record 53.2 million vehicles in 2016 in the United States after a massive expansion of the callback to replace Takata Corp air bag inflators, the U.S. Transportation Department said on Friday.

Mar 10 2017
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U.S. auto recalls hit record high 53.2 million in 2016

WASHINGTON The U.S. Transportation Department said automakers recalled a record high 53.2 million vehicles in 2016 in the United States in part because of a massive expansion in callback to replace Takata Corp air bag inflators.

Mar 10 2017

BRIEF-Toyota Motor to launch feasibility study on building factory in Saudi Arabia - Nikkei

* Toyota Motor Corp plans to launch a feasibility study as early as this year on building a factory in Saudi Arabia -Nikkei

Mar 10 2017
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Ford names tech executive Lynn Vojvodich to board

U.S. automaker Ford Motor Co said on Friday it had elected former Salesforce.com Inc executive Lynn Vojvodich to its board of directors.

Mar 10 2017

U.S. auto recalls hit record high 53.2 million in 2016

WASHINGTON, March 10 The U.S. Transportation Department said automakers recalled a record high 53.2 million vehicles in 2016 in the United States in part because of a massive expansion in callback to replace Takata Corp air bag inflators.

Mar 10 2017

BRIEF-Porsche SE proposes dividend of 1.01 eur/share

* Proposes dividend of 1.01 eur per share Further company coverage: (Frankfurt Newsroom)

Mar 10 2017

BRIEF-Polaris Industries CEO Scott Wine's FY 2016 total compensation $5.46 Mln

* CEO Scott Wine's fy 2016 total compensation $5.46 million versus $7.11 million in fy 2015 - sec filing Source text : http://bit.ly/2ndW8MA Further company coverage:

Mar 10 2017

Ford names tech executive Lynn Vojvodich to board

March 10 U.S. automaker Ford Motor Co said on Friday it had elected former Salesforce.com Inc executive Lynn Vojvodich to its board of directors.

Mar 10 2017

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