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Automotive

Rule delay makes big EV tax credit possible early next year

Rule delay makes big EV tax credit possible early next year

WASHINGTON (AP) — People who want to buy an electric vehicle could get a bigger-than-expected tax credit come Jan. 1 because of a delay by the Treasury Department in drawing up rules for the tax breaks.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,306.89, up 106.13): Suncor Energy Inc. (TSX:SU). Energy. Up 65 cents, or 1.60 per cent, to $41.25 on 14.8 million shares.
Racers, mechanics, tinkerers converting classic cars to EVs

Racers, mechanics, tinkerers converting classic cars to EVs

DENVER (AP) — When Kevin Erickson fires up his 1972 Plymouth Satellite, a faint hum replaces what is normally the sound of pistons pumping, gas coursing through the carburetor and the low thrum of the exhaust.
Analysis: Musk and Trump, 2 disrupters face reckoning

Analysis: Musk and Trump, 2 disrupters face reckoning

WASHINGTON (AP) — Elon Musk and Donald Trump share bestride-the-colossus egos, an incessant desire to be the center of attention and a platform to showcase their eccentricities and erraticism.
Magna International to buy Veoneer's active safety business for US$1.525 billion

Magna International to buy Veoneer's active safety business for US$1.525 billion

TORONTO — Magna International Inc. has signed a deal to buy Veoneer's active safety business from investment firm SSW Partners for US$1.525 billion in cash.
'A long time coming’: Unifor’s new president on where workers stand in 2023

'A long time coming’: Unifor’s new president on where workers stand in 2023

TORONTO — The new president of Canada's largest private-sector union is looking to pave a new path heading into 2023 after a year filled with economic uncertainty and worker strikes, all on top of a months-long scandal that shook members' trust.

AP News in Brief at 12:04 a.m. EST

Jan. 6 panel urges Trump prosecution with criminal referral WASHINGTON (AP) — The House Jan.

AP News in Brief at 11:04 p.m. EST

Jan. 6 panel urges Trump prosecution with criminal referral WASHINGTON (AP) — The House Jan.
Elon Musk Twitter poll ends with users seeking his departure

Elon Musk Twitter poll ends with users seeking his departure

Millions of Twitter users asked Elon Musk to step down as the head of Twitter in a poll the billionaire created and promised to abide by. But by Monday afternoon there was no word on whether Musk would step aside or who the new leader might be.
Third air bag death confirmed, owners urged to get repairs

Third air bag death confirmed, owners urged to get repairs

DETROIT (AP) — Stellantis and U.S. safety regulators have confirmed that an exploding Takata air bag inflator has killed another driver.