Auto and Truck Manufacturers (TRBC)

Tesla moves a step closer to opening first European factory with German property deal

Tesla moves a step closer to opening first European factory with German property deal

Published 19/01/2020

BERLIN (Reuters) - U.S. electric car pioneer Tesla (TSLA.O) has agreed to buy a property on the outskirts of Berlin, bringing it a step closer [more…]

Auto industry cautious as China starts 2020 with forecast of a 2% sales decline

Auto industry cautious as China starts 2020 with forecast of a 2% sales decline

Published 13/01/2020

BEIJING/SHANGHAI (Reuters) - Automakers in China need to get used to a new normal of “low speed growth” in the world’s largest car market, the [more…]

More than 400,000 German jobs at risk in switch to electric cars: Handelsblatt

More than 400,000 German jobs at risk in switch to electric cars: Handelsblatt

Published 13/01/2020

BERLIN (Reuters) - The shift to electric vehicles could cost 410,000 jobs in Germany by 2030, daily Handelsblatt reported on Monday, citing government advisers. In [more…]

Ford’s China vehicle sales drop 26% in third straight year of decline

Ford’s China vehicle sales drop 26% in third straight year of decline

Published 13/01/2020

SHANGHAI (Reuters) - Ford Motor Co’s (F.N) China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales [more…]

China’s BYD names former GM president Kevin Wale as senior adviser

China’s BYD names former GM president Kevin Wale as senior adviser

Published 13/01/2020

BEIJING/SHANGHAI (Reuters) - China’s BYD Co Ltd (002594.SZ) said on Monday it has appointed Kevin Wale, former General Motors (GM.N) (GM) China President, as a [more…]

Ford Mustang driven by Steve McQueen in ‘Bullitt’ sells for $3.4 million

Ford Mustang driven by Steve McQueen in ‘Bullitt’ sells for $3.4 million

Published 10/01/2020

(Reuters) - The 1968 Ford Mustang GT that Steve McQueen drove in the classic car chase from the movie “Bullitt, one of the most famed [more…]

Transport app FlixMobility achieves 37% passenger growth in 2019, eyes India

Transport app FlixMobility achieves 37% passenger growth in 2019, eyes India

Published 09/01/2020

BERLIN (Reuters) - Transport app FlixMobility reported on Thursday a 37% increase in passenger numbers last year, as Germany’s best-funded tech startup claimed the mantle [more…]

Chairman Mao’s favored Red Flag carmaker eyes 1 million customers by 2030

Chairman Mao’s favored Red Flag carmaker eyes 1 million customers by 2030

Published 09/01/2020

BEIJING/SHANGHAI (Reuters) - China’s FAW Group [SASACJ.UL] aims to double its annual sales of Chairman Mao Zedong’s carmaker of choice, Hongqi, or Red Flag, to [more…]

U.S. safety agency opens probe into fatal Tesla crash in Indiana

U.S. safety agency opens probe into fatal Tesla crash in Indiana

Published 09/01/2020

(Reuters) - The U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it was launching an investigation into the Dec. 29 crash of a [more…]

U.S. outlines strong support for self-driving cars at CES

U.S. outlines strong support for self-driving cars at CES

Published 08/01/2020

LAS VEGAS (Reuters) - The Trump administration on Wednesday signaled strong support for self-driving vehicles as it released new guidance from federal agencies at the [more…]