Automotive

NEW YORK (AP) — Wall Street slipped as stocks slumped worldwide Wednesday on worries about the strength of the global economy and inflation. The S&P 500 fell 25.69, or 0.6%, to 4,179.83. The Dow Jones Industrial Average dropped 134.51, or 0.

FRANKFORT, Ky. (AP) — Toyota will invest another $2.1 billion in an electric and hybrid vehicle battery factory that's under construction near Greensboro, North Carolina.

WASHINGTON (AP) — The U.S. government’s auto safety agency plans to require that all new passenger cars and light trucks include potentially life-saving automatic emergency braking and meet stricter safety standards within three years.

Shopping for a new electric vehicle can seem a bit like the Wild West.

BEIJING (AP) — China's commerce minister met Tesla Ltd. CEO Elon Musk on Wednesday and promised to support the development of foreign companies, the ministry said. Musk earlier met with China's ministers of industry and foreign affairs .

DETROIT (AP) — Thanks to a boost from the government, leasing — not buying — is becoming the most affordable way to get your hands on an electric vehicle.

BEIJING (AP) — China’s foreign minister met Tesla Ltd. CEO Elon Musk on Tuesday and said strained U.S.-Chinese relations require “mutual respect,” while delivering a message of reassurance that foreign companies are welcome. U.S.

TOKYO (AP) — German truck maker Daimler, Japan’s top automaker Toyota and two other automakers said Tuesday they will work together on new technologies, including using hydrogen fuel, to help fight climate change.

BÉCANCOUR, Que. — The governments of Quebec and Canada have announced $300 million in funding for a factory that will make components for electric vehicle batteries in Bécancour, Que., located about halfway between Montreal and Quebec City.

TOKYO (AP) — The shtick that’s gone viral features a soccer player, a Spice Girl, James Bond, you name it, appearing to be naked, except they’re not really naked at all.