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Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric vehicle leader.

Continental AG will create a dedicated unit for its self-driving technology as the German automotive supplier hopes to benefit from rising sales for electric cars filled with electronic gadgetry.

A grand opening was held March 16 for the four-story, $75 million, 134,000-square-foot Ford Motor Co. Robotics Building at the University of Michigan.

TAIPEI, Taiwan — Foxconn Technology Group, the world’s largest electronics manufacturer, is considering making electric vehicles at its highly anticipated Wisconsin plant that has been scaled back since its announcement in 2017, the company’s chairman said March 16.

Electric Last Mile Inc., the plug-in delivery van startup that’s in the process of merging with blank check company Forum Merger III Corp., said it has 45,000 preorders and will start production at the former Hummer plant in Indiana in the third quarter.

DETROIT — The U.S. government’s highway safety agency is sending a team to Detroit to investigate a crash involving a Tesla that drove beneath a semitrailer.

DETROIT — The world’s major automakers have made something abundantly clear: They believe electric vehicles will dominate their industry in the years ahead. But do customers feel the same way?

Classes 4-7 sales dipped 1% in February to 17,580 compared with a year earlier, WardsAuto.com reported.

Cruise, the self-driving technology company that’s majority-owned by General Motors Co., said it acquired autonomous-vehicle startup Voyage, which operates a service in retirement communities.

Trucking companies are addressing the parking shortage in multiple ways, including advance planning, using technology to access real-time information on parking availability, or even embracing paid reservations for parking spaces or hotel rooms to make it easier for drivers to shut down for the night.