Automotive

TORONTO — Magna International Inc. says it may buy back up to 300,000 of its common shares under its normal course issuer bid over the coming year. The auto parts company says the bid will start on Thursday and will end no later than Feb. 14, 2025.

TOKYO (AP) — Japanese automaker Daihatsu on Tuesday named a veteran at its parent company Toyota to replace its president as it tries to repair the damage from a scandal over cheating on vehicle safety tests. The troubles at Daihatsu Motor Co.

SANTA FE, N.M.

Excerpts from recent editorials in the United States and abroad: Feb. 6 The Washington Post on AM radio Contrary to the popular refrain, video never really did kill the radio star. Electric vehicles, however, might do the job.

TORONTO — Drivers may see higher premiums for their electric vehicles as the insurance industry adjusts to the shift from gas-powered cars to electric alternatives, a new report suggests.

U.S. auto safety regulators have closed a seven-year investigation into complaints about power-assisted steering failures in Ford Fusions without seeking additional recalls.

NEW YORK (AP) — How much choice is too much? Apparently for Coca-Cola, it's about 400 different types of drinks.

DETROIT (AP) — Six years ago, automakers and tech companies thought they were on the cusp of putting thousands of self-driving robotaxis on the street to carry passengers without a human driver.

TORONTO — Picture a broken-down car at the side of the road. Most likely, it's an image of a frustrated driver looking under the hood or using their phone to call for help. But that may be changing.

Elon Musk’s brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada after a Delaware judge struck down Musk's $55.8 billion pay package as CEO of Tesla.