Automotive

NEW YORK (AP) — U.S. stocks dipped Tuesday following another day of meandering trading, as Wall Street debates whether the market’s strong recent run is the start of a turnaround or just a temporary blip. The S&P 500 fell 27.44, or 0.

MILAN (AP) — Luxury Italian automaker Ferrari raised its 2022 forecast Tuesday after reporting a 22% increase in second-quarter earnings as sales in the Americas surged.

TOKYO (AP) — Hino Motors, a truck maker that’s part of the Toyota group, systematically falsified emissions data dating back as far as 2003, according to the results of an investigation released Tuesday.

YELLOWKNIFE — Electric vehicles are a rare sight in Canada's North, with challenges such as frigid winter temperatures and limited infrastructure. The Northwest Territories is hoping to change that.

DETROIT (AP) — FCA US, formerly known as Chrysler Group, was placed on probation for three years Monday and ordered to pay roughly $300 million for deceiving regulators about diesel emission systems on 101,000 Jeep Grand Cherokees and Ram 1500 trucks

FORT LAUDERDALE, Fla.

DUBAI, United Arab Emirates (AP) — Saudi Aramco announced a $2.65 billion agreement on Monday to acquire Valvoline's global products business, which includes motor oils, transmission fluids, coolants and other automotive maintenance products.

CARACAS, Venezuela (AP) — Ride-sharing apps like Uber, DiDi and Lyft may have driven across much of the globe, but they haven't yet rolled into Venezuela, where U.S. sanctions and years of hyperinflation and other woes made it difficult to operate.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,692.92, up 236.21 points.) UEX Corp. (TSX:UEX). Materials. Up six cents, or 14.46 per cent, to 47.5 cents on 18.1 million shares.

TORONTO — Magna International Inc. said Friday that COVID-19 lockdowns in China and a stronger U.S. dollar relative to other currencies, particularly the euro, negatively impacted the company's second-quarter results.