Automotive

BANGKOK (AP) — Chinese automaker BYD said Friday that it plans to build a new electric vehicle plant in Hungary, its first car factory in Europe, as part of its rapid global expansion.

NEW YORK (AP) — Honda Motor's American arm is recalling more than 2.5 million vehicles in the U.S. due to a fuel pump defect that can increase risks of engine failure or stalling while driving.

McALLEN, Texas (AP) — The federal government has closed railroad crossings in two Texas border towns, raising concerns about the potential impact on cross-border trade and American consumers.

BOGOTA, Colombia (AP) — The Colombian government said Thursday it will try to raise objects from the 1708 shipwreck of the galleon San Jose, which is believed to contain a cargo worth billions of dollars.

TORONTO — Deciding whether to fix your aging car again or trade it in for a new one can be a tough calculation at the best of times, let alone when financing costs have significantly jumped and car prices have soared.

NEW YORK (AP) — Wall Street is clawing back some of its sharp losses from the prior day, its first big step back since a rally began in late October. The S&P 500 was 0.7% higher in early trading.

Employees at a Wells Fargo bank in New Mexico have voted to unionize, the first time that workers at a major U.S. bank have attempted to organize in the modern era. The vote comes after a series of extraordinary gains for unions in the U.S.

DETROIT (AP) — America’s automakers have staked their futures on the notion that electric vehicles will dominate sales in the coming years, spurred by buyers determined to reduce carbon emissions and save on fuel.

Asian shares fell Thursday after Wall Street hit the brakes on its big rally following disappointing corporate profit reports and warnings that the market had surged too far, too fast. U.S.

BEIJING (AP) — China’s prospects for 2024 look uncertain, as a year that opened free of COVID-19 lockdowns winds down without the dreamed of robust recovery for the world’s No. 2 economy.