TOKYO (Reuters) – Tokyo prosecutors indicted ousted Nissan Motor (7201.T) chairman Carlos Ghosn for under-reporting his income and also officially charged the automaker, making the firm culpable for the financial misconduct scandal that has shocked the industr... More »
(Reuters) – Several carmakers reported a drop in new car sales in the United States in November, hurt by rising car prices and higher interest rates as well as further declines in sales of sedans. Ford Motor Co (F.N), Honda Motor Co Ltd (7267.T) and Toyota Mot... More »
FRANKFURT (Reuters) – BMW (BMWG.DE) expects headwinds from rising currency and commodities prices to reach a mid to high triple-digit million euro amount in 2019, Chief Financial Officer Nicolas Peter said in a statement on Monday. BMW still aims to reach an o... More »
WASHINGTON/SHANGHAI (Reuters) – U.S. President Donald Trump said China had agreed to cut import tariffs on American-made cars, buoying shares in BMW and Daimler AG who manufacture in the United States for export to the world’s biggest auto market. Shares of Ch... More »
WASHINGTON/BEIJING (Reuters) – President Donald Trump and top U.S. officials said on Monday that a trade truce with China will lead to structural changes in Beijing’s economic policies, including lower tariffs, lower non-tariff barriers and more market access ... More »
ABOARD AIR FORCE ONE (Reuters) – U.S. President Donald Trump said on Saturday he will give formal notice to the U.S. Congress in the near future to terminate the North American Free Trade Agreement (NAFTA), giving six months for lawmakers to approve a new trad... More »
LAS VEGAS (Reuters) – Self-driving cars, meet Amazon’s self-driving toys. Amazon.com Inc’s cloud unit on Wednesday announced a $399 autonomous toy car, aimed at helping web developers try out some of their own self-driving technology. Customers can train and t... More »
MILAN (Reuters) – Fiat Chrysler’s (FCHA.MI) European boss has quit, adding to the problems facing new CEO Mike Manley who must deliver on promises to boost production of SUVs and catch up with rivals in electric cars. Jeep division head Manley was named on Sat... More »
(Reuters) – Shares of Tesla Inc (TSLA.O) fell more than 4 percent in trading before the bell on Monday, after a report that the electric car maker has turned to some suppliers for a refund of previously made payments in a bid to turn a profit. Tesla has asked ... More »
BEIJING (Reuters) – In China, where the future of the car is looking more and more electric, newcomers to the auto industry are looking for partners to help them build their vehicles. Enter Canadian auto supplier Magna International (MG.TO) which aims to spear... More »
BEIJING (Reuters) – China’s Didi Chuxing signed an agreement with German automotive supplier Continental AG on Tuesday to cooperate in developing internet-connected, electric cars tailor-made for Didi’s ride hailing services. Didi currently uses regular passen... More »
SHANGHAI (Reuters) – Tesla Inc on Tuesday signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with an annual capacity of 500,000 cars, local media reported. The U.S. carmaker signed agreements with the Shanghai mu... More »
BEIJING/SHANGHAI (Reuters) – U.S. carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 percent in China, the first automaker to do so in the world’s top automotive market in response to mounting trade tensions between the countries. The mo... More »
FRANKFURT (Reuters) – BMW signed a Memorandum of Understanding (MoU) with tech giant Baidu to join its autonomous driving platform Apollo as a board member, BMW said on Tuesday. The MoU was signed during a visit by Chinese Premier Li Keqiang to Germany. After ... More »
SINGAPORE (Reuters) – Grab unveiled a grocery delivery service on Tuesday, betting the firm’s extensive network of 7.1 million drivers, agents and merchants will help steer the company as it expands beyond its core ride-hailing business across Southeast Asia. ... More »
BEIJING/WASHINGTON (Reuters) – The United States and China slapped tit-for-tat duties on $34 billion worth of each other’s imports on Friday, with Beijing accusing Washington of triggering the “largest-scale trade war” as the world’s two biggest economies shar... More »
BEIJING (Reuters) – Ford Motor’s (F.N) China slump intensified, with vehicle sales tumbling 38 percent in June and the automaker recording its worst ever first-half, as buyers shunned its aging models that are awaiting overhauls and flocked to rivals. The U.S.... More »
DETROIT (Reuters) – U.S. President Donald Trump’s threat to block Chinese investment in U.S. companies could be trouble for a number of American automotive and technology companies using Chinese funds to develop electric and self-driving cars and related servi... More »
BEIJING (Reuters) – China’s capital city has given the green light to German auto maker Daimler AG to test self-driving cars on real roads, making it the first international car maker to be granted such a license in Beijing, the company said on Friday. Beijing... More »
BEIJING (Reuters) – China is considering a further reduction in electric-vehicle subsidies next year, Bloomberg reported on Friday, citing unnamed sources. Beijing is scaling back subsidies to push automakers to focus more on technological improvements instead... More »
(Reuters) – A California agency for occupational safety said on Thursday it opened a third investigation at Tesla Inc’s factory in Fremont, California, following a complaint. The state’s Occupational Safety and Health Administration (Cal-OSHA) said it opened t... More »
BRUSSELS (Reuters) – The European Union has warned the United States that imposing import tariffs on cars and car parts would harm its own automotive industry and likely lead to counter-measures by its trading partners on $294 billion of U.S. exports. In a 10-... More »
OSAKA (Reuters) – Panasonic Corp would consider further investment in Tesla Inc’s so-called Gigafactory if requested by the U.S. electric vehicle maker, an executive at the Japanese conglomerate said on Monday. The investment would come on top of the $1.6 bill... More »
TOKYO (Reuters) – Nissan Motor (7201.T) has canceled a potential $1 billion sale of its electric car battery unit to China’s GSR Capital, opening the door to other likely suitors keen on a component that is vital for the booming electric vehicles industry. Jap... More »
LONDON (Reuters) – European shares made a modest bounce on Tuesday, recovering slightly after trade tensions sent stock markets into a spiral as investors shed risky assets. The pan-European STOXX 600 was up 0.3 percent by 0837 GMT, but was far from making up ... More »
LONDON (Reuters) – BMW (BMWG.DE) is not considering moving production out of Britain because of uncertainty connected to Brexit, the company’s special representative in Britain said on Tuesday. When asked by a reporter at a conference whether the German car ma... More »
LONDON (Reuters) – Uncertainty over Brexit has halved new investment in the British car industry and Prime Minister Theresa May should urgently change tack and keep the world’s fifth largest economy in the EU’s customs union, the country’s main car lobby group... More »
(Reuters) – U.S. President Donald Trump on Monday slammed Harley-Davidson Inc (HOG.N) after the motorcycle maker said it would move production for European customers overseas to avoid retaliatory tariffs that could cost it up to $100 million per year. Trump sa... More »
The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS. The opinions expressed are his own. Reuters has not edited the statements or confirmed their accuracy. @realDonaldTrump : – Forme... More »
LONDON (Reuters) – Uber will hear on Tuesday if a bid to overturn a ruling stripping it of its license to operate in London, its biggest European market, has succeeded after it said its corporate culture and practice had changed. The taxi-hailing app overhaule... More »
(Reuters) – Volkswagen has shown off the sporty side of its electric technology by setting an all-time record in the annual Pikes Peak International Hill Climb in Colorado. Former Le Mans winner Romain Dumas took the I.D. R Pikes Peak prototype up in a time of... More »
SINGAPORE (Reuters) – Elon Musk, chief executive of U.S. electric vehicle (EV) maker Tesla Inc, defended his view that Singapore was not supportive of EV ownership after a commentary in the city-state’s biggest newspaper criticized the billionaire’s social med... More »
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk faces votes at Tuesday’s shareholder meeting that will challenge his grip on the electric carmaker, but he may be able to count on some powerful friends: big fund managers likely to be fans. These stockp... More »
LONDON/PARIS (Reuters) – Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture... More »
NEW YORK (Reuters) – The growing number of apprenticeships in the U.S. has more to do with European companies importing the practice into their American operations than with the long-running NBC television reality show and its former host who now lives in the ... More »
(Reuters) – Nissan Motor Co Ltd (7201.T) is slashing production by as much as 20 percent in North America to cope with a decline in automobile sales, the Nikkei reported on Monday. Cuts are already in progress at two assembly plants in the United States and th... More »
OSLO (Reuters) – Norway’s $1 trillion wealth fund voted against a motion at Shell’s annual meeting urging the energy giant to set climate targets, despite a push the fund is making for more firms to do so. Long-term investors with $10.4 trillion of assets unde... More »
BOSTON (Reuters) – Proxy adviser Institutional Shareholder Services (ISS) recommended on Friday that investors vote against Tesla Inc (TSLA.O) directors Antonio Gracias and James Murdoch, increasing pressure on the car maker over their roles on its board. ISS ... More »
BEIJING (Reuters) – China reported weaker-than-expected investment and retail sales in April and a drop in home sales, clouding its economic outlook even as policymakers try to navigate debt risks and defuse a heated trade row with the United States. Fixed ass... More »
WASHINGTON (Reuters) – Fiat Chrysler Chief Executive Officer Sergio Marchionne reprimanded the company’s top U.S. spokesman for issuing press releases about Fiat’s vehicle emissions practices days after Volkswagen’s (VOWG_p.DE) disclosure in September 2015 tha... More »
ZURICH (Reuters) – Swiss firefighters said on Monday that the impact in a fatal accident involving a Tesla electric car may have set off a fire in the vehicle’s battery. A 48-year-German driver died when his car hit the barrier in the central reservation of a ... More »
LOS ANGELES (Reuters) – Billionaire businessman Elon Musk is promising the public “free rides” in the next few months through the first high-speed passenger tunnel drilled beneath Los Angeles by his aptly named underground transit venture, the Boring Company. ... More »
(This version of the May 3 story was refiled to removes extraneous words in Credit Suisse title in paragraph 11) By Danilo Masoni MILAN (Reuters) – The recent recovery in the dollar has raised hopes that currency turbulence for European corporates will now sub... More »
NEW YORK (Reuters) – A small hedge fund manager who has long been betting against Tesla Inc (TSLA.O) on Thursday redoubled his call for the stock to fall to zero, comments that came as investors were already hammering the electric car maker. Speaking at the Ka... More »
MILAN (Reuters) – Ferrari boss Sergio Marchionne, who has warned that his glamour team could walk away from Formula One after 2020, said on Thursday he was encouraged by a “change in attitude” from the sport’s owners as they map out F1’s future. Speaking to an... More »
(Corrects April 27 story in paragraph 10 to say production at a plant in Belgium is planned to start in 2019, and sales are planned to begin in 2020.) By Joseph White ZHANGJIAKOU, China (Reuters) – While auto workers in Germany and South Korea fight to save th... More »
SEOUL (Reuters) – Hyundai Motor (005380.KS) said it will cancel $890 million worth of treasury shares, its first stock cancellation in 14 years – a plan that comes amid heavy shareholder pressure to improve returns, restructure and bounce back from dismal earn... More »
(Reuters) – Carmakers have big plans for their next generation of factories: smarter designs, artificial intelligence and collaborative robots building a wide range of vehicles on the same line. The plants will also feature a component they say is the secret i... More »
(Reuters) – Tesla Inc’s board recommended on Thursday that shareholders vote against a proposal that would require the electric car maker’s chairman to be an independent director, ahead of its annual meeting. Elon Musk, chief executive of Tesla, is also the ch... More »
BERLIN (Reuters) – The German state of Thuringia is ready to offer assistance to carmaker Opel in order to keep open the region’s Eisenach plant, state premier Bodo Ramelow told Reuters on Monday. The state could help with energy costs and property, he said, b... More »
SEOUL (Reuters) – General Motors Co’s (GM) South Korean unit dropped a plan for a vote on a bankruptcy filing after reaching a tentative wage deal with its labour union on Monday that helped the U.S. automaker win concessions on pay, bonuses and benefits. GM s... More »
SEOUL (Reuters) – The South Korean government said on Monday it would join forces to help normalize General Motors Co’s South Korean unit. The government said in a statement that it respected a tentative wage deal struck between the company and the union. Sour... More »
CAPE CANAVERAL, Fla. (Reuters) – SpaceX postponed a planned launch on Monday of a Falcon 9 rocket carrying NASA’s latest planet-hunting satellite for 48 hours, citing problems with a guidance-navigation control system, launch team officials said. Blast-off fro... More »
NEW DELHI (Reuters) – Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group, said it will add 10,000 electric three-wheelers to its fleet over the next 12 months as part of a plan to promote the use of electric vehicles. Ola plans to have 1 million el... More »
WOLFSBURG, Germany (Reuters) – Volkswagen’s (VOWG_p.DE) new Chief Executive Herbert Diess on Friday said he will consider asset sales and seeks to turn the multi-brand conglomerate into a slimmed down company with strong brands. Speaking at his first news conf... More »
WOLFSBURG, Germany (Reuters) – Volkswagen’s (VOWG_p.DE) new Chief Executive Herbert Diess on Friday said the car and truck maker is open to alliances in areas like self-driving cars. Speaking in Wolfsburg, Germany, at his first news conference since being appo... More »
BEIJING (Reuters) – Ford Motor Co’s business in China continues to falter amid a dearth of fresh products, even though the American automaker earlier this week said it plans to launch two new models in the world’s biggest auto market by the end of the year. Fo... More »
DETROIT/SEOUL (Reuters) – General Motors Co’s (GM.N) president said common ground must be reached on a long-term financial restructuring of GM’s South Korean auto unit by next Friday and if there was none, the operation would likely seek bankruptcy protection.... More »
WOLFSBURG, Germany (Reuters) – Volkswagen (VOWG_p.DE) will not list its trucks business this year and has no plans to cede control of the division, chairman Hans Dieter Poetsch said on Friday. “We want to ready the business for capital markets,” Poetsch said, ... More »
SYDNEY/SHANGHAI (Reuters) – Chinese President Xi Jinping on Tuesday promised to open the country’s economy further and lower import tariffs on products including cars, in a speech that struck a conciliatory tone on the rising trade tensions between China and t... More »
SEOUL (Reuters) – General Motors Co’s South Korean unit has proposed suspending one of two shifts at a plant near Seoul, an internal union newsletter seen by Reuters showed, increasing uncertainty about the fate of the factory as the U.S. automaker grapples wi... More »
FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) premium brand Audi (NSUG.DE) aims to double sales in China over the coming six years, sales chief Bram Schot told Automobilwoche. “In 2023 we want to sell 1.2 million cars in China,” the German trade magazine quot... More »
WASHINGTON (Reuters) – The U.S. National Transportation Safety Board said on Sunday it was “unhappy” that electric car maker Tesla Inc (TSLA.O) made public information about the crash of its Model X vehicle on Autopilot that killed the driver last month. The a... More »
(Reuters) – Volkswagen has taken parking lots to a whole new level in the United States – and will not be emptying them soon. Volkswagen AG (VOWG_p.DE) has paid more than $7.4 billion to buy back about 350,000 U.S. diesel vehicles through mid-February, a recen... More »
NEW YORK (Reuters) – Luxury U.S. automaker brands Cadillac and Lincoln both unveiled SUV models this week at the New York auto show to meet rising American demand, but also are keeping one eye on a growing Chinese appetite for the same vehicles, executives sai... More »
NEW YORK (Reuters) – Demand for sport utility vehicles in the United States is booming, but the number of new models vying for a share of that market is growing even faster, threatening the fat profits automakers have enjoyed. At the New York Auto show this we... More »
TOKYO (Reuters) – Toyota Motor Corp (7203.T) and Suzuki Motor Corp (7269.T) agreed on Thursday to produce cars for each other in India as Toyota aims to increase its market share in the world’s fifth-largest passenger car market. The agreement follows an R&D t... More »
SEOUL (Reuters) – Worries that Hyundai Motor Group’s planned restructuring will benefit the controlling family ahead of some shareholders have hit Hyundai Mobis Co Ltd (012330.KS), which is set to be the group’s de facto holding firm, sending its shares sharpl... More »
SYDNEY (Reuters) – The Australian cricket team lost a major sponsor and a host of large companies tore up branding deals with individual players on Thursday as the fallout of a ball-tampering scandal tore into the financial core of the country’s favorite pasti... More »
LONDON (Reuters) – Formula One world champions Mercedes have found the computer bug that cost Lewis Hamilton victory at the season-opening Australian Grand Prix and taken steps to ensure it does not happen again. Trackside engineering director Andrew Shovlin s... More »
FILE PHOTO: The main gate to GM Korea’s Gunsan factory is seen in Gunsan, South Korea February 13, 2018. Yonhap via REUTERS/File Photo SEOUL (Reuters) – South Korea held an initial meeting on Monday for its due-diligence of General Motors’ local unit to decide... More »
An aerial view shows Brazil’s Alcantara space center in the city of Alcantara, Maranhao state, Brazil May 21, 2013. Brazil Air Force Press Office/Handout via Reuters BRASILIA (Reuters) – U.S. companies eager to tap into the fast-growing market for low-cost sat... More »
Iranian President Hassan Rouhani shakes hands with French Foreign Affairs Minister Jean-Yves Le Drian, in Tehran, Iran, March 5, 2018. President.ir/Handout via REUTERS TEHRAN (Reuters) – After a day of tough talking in Tehran on Monday, France’s foreign minist... More »
Members of a civic group attend a protest demanding prosecutors in Gunsan to investigate GM Korea over its decision to shut down a plant in the city, southwest of Seoul, South Korea, March 5, 2018. Yonhap via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUP... More »
FILE PHOTO: Rep. Kevin Brady (R-TX), Chairman of the House Ways and Means Committee, arrives for a Republican conference meeting at the U.S. Capitol in Washington, U.S., December 20, 2017. REUTERS/Aaron P. Bernstein MEXICO CITY (Reuters) – An influential U.S. ... More »
Britain’s Prime Minister Theresa May talks to Andrew Marr for the Marr Show on BBC television in London, Britain March 2, 2018. Picture taken March 2, 2018. Jeff Overs/BBC/Handout via REUTERS LONDON (Reuters) – British Prime Minister Theresa May told U.S. Pres... More »
U.S. President Donald Trump waves upon his arrival in West Palm Beach, Florida, U.S., March 2, 2018. REUTERS/Kevin Lamarque MEXICO CITY (Reuters) – From a hotel in Mexico City, Ann Wilson, a senior executive at the U.S. Motor and Equipment Manufacturers Associ... More »
Mexico’s chief negotiator Kenneth Smith speaks to journalists at the hotel where the seventh round of NAFTA talks takes place, in Mexico City, Mexico March 2, 2018. REUTERS/Edgard Garrido MEXICO CITY (Reuters) – U.S., Mexican and Canadian trade experts leading... More »
WASHINGTON (Reuters) – U.S. President Donald Trump struck a defiant tone on Friday, saying trade wars were good and easy to win, after his plan to put tariffs on steel and aluminum imports triggered threats of retaliation from trading partners and a slide in s... More »
U.S. President Donald Trump holds a meeting where he announced that the United States will impose tariffs of 25 percent on steel imports and 10 percent on imported aluminum at the White House in Washington, U.S., March 1, 2018. REUTERS/Kevin Lamarque WASHINGTO... More »
DETROIT (Reuters) – If U.S. President Donald Trump goes ahead with sweeping tariffs on steel and aluminum imports, it could lower profits for companies making everything from pickup trucks to canned soup, or result in higher prices for consumers. Trump has thr... More »
An employee of German car manufacturer Porsche displays a badge depicting a Porsche logo at the Porsche factory in Stuttgart-Zuffenhausen, Germany, January 26, 2018. REUTERS/Ralph Orlowski FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) sports car maker Porsche... More »
FILE PHOTO: The main gate to GM Korea’s Gunsan factory is seen in Gunsan, South Korea February 13, 2018. Yonhap via REUTERS/File Photo SEOUL (Reuters) – General Motors’ (GM.N) sales in South Korea slumped 19 percent in February, hurt by its decision to shut do... More »
FILE PHOTO: SAIC Motor Corp’s logos are pictured at its booth during the Auto China 2016 auto show in Beijing, China April 26, 2016. REUTERS/Kim Kyung-Hoon/File Photo FRANKFURT (Reuters) – Chinese car maker SAIC Motor Corp Ltd and German chipmaker Infineon Tec... More »
U.S. Chief Negotiator John Melle smiles at the hotel where the seventh round of NAFTA talks takes place, in Mexico City, Mexico, March 1, 2018. REUTERS/Edgard Garrido MEXICO CITY (Reuters) – Negotiators trying to rework the NAFTA trade deal on Thursday were hi... More »
FILE PHOTO: A member of staff cleans Honda Avancier SUV after it was presented during Auto China 2016 auto show in Beijing April 25, 2016. REUTERS/Kim Kyung-Hoon/File Photo BEIJING (Reuters) – Honda Motor Co’s sales in China fell 5.9 percent in February from a... More »
Subaru Corp. outgoing President and CEO Yasuyuki Yoshinaga (L) and next President Tomomi Nakamura, who is currently Corporate Executive Vice President, attend a news conference in Tokyo, Japan, March 2, 2018. REUTERS/Issei Kato TOKYO (Reuters) – Automaker Suba... More »
FILE PHOTO: Canadian Foreign Minister Chrystia Freeland gives a speech during a joint news conference with Mexican Foreign Minister Luis Videgaray and U.S. Secretary of State Rex Tillerson in Mexico City, Mexico February 2, 2018. REUTERS/Henry Romero OTTAWA (R... More »
A partially assembled Chevrolet 2017 Sonic is seen on the assembly line at GM’s Orion Assembly plant in Orion, Michigan, U.S., June13, 2017. REUTERS/Rebecca Cook (Reuters) – Stock prices of U.S. steel and aluminum makers rose on Thursday after President Donald... More »
A man walks past the world’s first autonomous pods which was launched by the Roads and Transport Authority of Dubai in Dubai, United Arab Emirates February, 28, 2018. Picture taken February, 28, 2018. REUTERS/Satish Kumar DUBAI (Reuters) – Dubai has begun test... More »
A visitor walks past a mobile mast with an Audi lunar exploration vehicle, a simulation of a Vodafone project to install a 4G mobile phone network on the moon in 2019, during the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman ... More »
FILE PHOTO: Li Shufu, founder and chairman of Zhejiang Geely Holding Group, attends the Volvo’s S90 news conference in Shanghai, China November 2, 2016. REUTERS/Aly Song/File Photo HONG KONG/SHANGHAI (Reuters) – Geely Automobile Holdings Ltd’s (0175.HK) shares... More »
Volvo Cars CEO Hakan Samuelsson shows their new model V60 station wagon at a press meeting outside Stockholm, Sweden February 21, 2018. TT News Agency/Henrik Montgomery/ via REUTERS STOCKHOLM (Reuters) – Truckmaker AB Volvo (VOLVb.ST) is to drop the CEO of Gee... More »
FILE PHOTO: Li Shufu, founder and chairman of Zhejiang Geely Holding Group, attends the Volvo’s S90 news conference in Shanghai, China November 2, 2016. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) – Li Shufu, chairman of Chinese carmaker Geely, is making wa... More »
F1 Formula One – Formula One Test Session – Circuit de Barcelona Catalunya, Montmelo, Spain – February 26, 2018 Brendon Hartley of Toro Rosso during testing REUTERS/Albert Gea BARCELONA (Reuters) – Toro Rosso began their new Formula One partnership with Honda ... More »
FILE PHOTO: German Minister for Economic Affairs and Energy, Brigitte Zypries speaks during an interview with Reuters in Berlin, Germany June 16, 2017. REUTERS/Stefanie Loos BERLIN (Reuters) – Germany must be careful that its economic openness is not exploited... More »
FILE PHOTO: A Go-Jek driver rides a motorcycle on a street in Jakarta, Indonesia, December 15, 2017. REUTERS/Beawiharta SINGAPORE (Reuters) – Indonesia’s Go-Jek has raised a higher than targeted $1.5 billion in a fundraising round from a dozen investors includ... More »
FILE PHOTO: German Economy and Energy Minister Brigitte Zypries speaks in Berlin, Germany, November 30, 2017. REUTERS/Axel Schmidt BERLIN (Reuters) – The German government will scrutinize a decision by Chinese automaker Geely [GEELY.UL] to buy a $9 billion sta... More »
FILE PHOTO: Freight trucks are driven on the Fisher freeway in Detroit, Michigan, U.S., March 27, 2009. REUTERS/Rebecca Cook/File Photo SEATTLE/BOCA RATON, Fla. (Reuters) – The drive for cost cuts and higher margins at U.S. trucking and railroad operators is p... More »
FILE PHOTO: Batteries for electric vehicles are manufactured at a factory in Dongguan, China on September 20, 2017. REUTERS/Bobby Yip/File Photo SHANGHAI (Reuters) – China will make manufacturers of electric vehicles (EV) responsible for setting up facilities ... More »
