UK car sales fall by around 6 to 7 percent in August: preliminary data

Published 7y ago

British new car sales fell by between 6 and 7 percent year-on-year in August, according to preliminary data released by an industry body on Tuesday. More »

GM August China vehicle sales up 12 percent year on year

Published 7y ago

General Motors Co’s (GM.N) vehicle sales in China rose 12 percent in August from a year earlier to 328,425 units, following a 6.3 percent increase in July, the Detroit-based automaker said on Tuesday. More »

Hyundai resumes production in China after supply hiccup

Published 7y ago

Hyundai Motor (005380.KS) said on Wednesday it had resumed production in China after a supply disruption forced the suspension of operations last week, complicating its efforts to lift sagging sales in the world's biggest auto market. More »

Toyota joins Grab`s $2.5 billion fund raising, unveils tie-up

Published 7y ago

Toyota Motor Corp's trading arm became the latest participant in ride-hailing firm Grab's current financing round that is expected to raise $2.5 billion, led by Chinese peer Didi Chuxing and Japan's SoftBank Group Corp. More »

Ford teams with Domino`s on self-driving pizza delivery test

Published 7y ago

Ford Motor Co and Domino's Pizza Inc in September will begin testing Michigan consumers' reactions to having their pies delivered by self-driving vehicles, the companies said on Tuesday. More »

Exclusive: Hyundai Motor Group faces government calls to address `big governance risk`

Published 7y ago

South Korea's new antitrust chief said he has been in talks with the autos-to-steel conglomerate Hyundai Motor Group about overhauling its complex ownership structure, which critics say gives too much power to its controlling family at the expense of sharehold... More »

NuTonomy hopes for second-quarter 2018 launch of paid Singapore self-driving car rides

Published 7y ago

U.S. self-driving car startup NuTonomy hopes to launch a paid, commercial ride service in Singapore as soon as the second quarter of next year, NuTonomy Chief Executive Karl Iagnemma said on Friday. More »

Delphi partners with Innoviz for self-driving technology

Published 7y ago

Delphi Automotive Plc said on Friday it has partnered with laser-based sensor maker Innoviz Technologies to improve vehicle safety for self-driving cars, after making a minority investment in the Israel-based company. More »

BlackBerry rally derailed as investors lose patience on turnaround

Published 7y ago

BlackBerry Ltd (BB.TO)(BBRY.O) shares have been plunging from their more than two-year high hit in June after lackluster earnings and competitive threats have raised doubts about prospects for a turnaround at the business software maker. More »

Top fund investors pumped brakes on fast-rising Tesla: filings

Published 7y ago

Top Tesla Inc (TSLA.O) investors Fidelity Investments and T. Rowe Price cut their holdings in the second quarter and indicated they were taking profits from the electric car maker stock, which is up 65 percent this year. More »

Tougher than steel: Japan looks to wood pulp to make lighter auto parts

Published 7y ago

The global push among carmakers to make ever lighter vehicles is leading some auto suppliers in Japan to turn to what seems like an unlikely substitute for steel - wood. More »

China a sweet spot for U.S. companies’ earnings in second-quarter

Published 7y ago

Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. More »

Banks lead relief rally for European stocks, fundamentals back in focus

Published 7y ago

European shares rose on Monday after geopolitical tension had sent them to their worst weekly losses of the year. More »

Trump`s NAFTA autos goals to collide with industry as talks start

Published 7y ago

The Trump administration has set a collision course with the auto industry as it launches renegotiations of the 23-year-old NAFTA trade pact this week, aiming to shrink a growing trade deficit with Mexico and tighten the rules of origin for cars and parts. More »

Merkel rounds on German auto executives in opening election rally

Published 7y ago

Chancellor Angela Merkel kicked off her re-election campaign on Saturday with a stinging attack on German auto executives, pressing them to innovate to secure jobs, and win back trust lost by a diesel emissions scandal. More »

Bond investors give Tesla a $1.8 billion endorsement

Published 7y ago

Bond investors on Friday gave a $1.8 billion boost to Tesla Inc's (TSLA.O) balance sheet by snapping up the electric car maker's first foray into the U.S. junk bond market, where yield-hungry investors have raced to lock in relatively higher returns. More »

Dutch students grow their own biodegradable car

Published 7y ago

What's made of sugar, can carry four people and travel at 50 miles (80 km) per hour? A biodegradable car, whose inventors say could be the next step in environmentally friendly motoring. More »

UK government sets out tougher guidelines to protect smart cars from hackers

Published 7y ago

The British government issued new guidelines on Sunday requiring manufacturers of internet-connected vehicles to put in place tougher cyber protections to ensure they are better shielded against hackers. More »

Honda posts strong first quarter on Asia sales, raises annual profit forecast

Published 7y ago

The logo of Honda is pictured at the 38th Bangkok International Motor Show in Bangkok, Thailand March 28, 2017. Honda Motor Co. posted a better-than-expected quarterly profit as higher vehicle sales in Asia helped offset a slide in North American demand, and d... More »

PSA finalizes purchase of Opel/Vauxhall from General Motors

Published 7y ago

FILE PHOTO: Carlos Tavares (C), Chairman of the Managing Board of French carmaker PSA Group, Mary Barra (L), chairwoman and CEO of General Motors, and Dr Karl-Thomas Neumann, Chairman of the Management Board Opel Group GmbH, pose during a news conference in Pa... More »

Volkswagen considers options for transmissions maker Renk: sources

Published 7y ago

A VW logo is seen in front of the main building of the Volkswagen brand at the Volkswagen headquarters, in Wolfsburg, Germany May 19, 2017. Volkswagen (VOWG_p.DE) is considering options for majority-owned transmissions maker Renk (ZARG.F), as the German carmak... More »

Motor racing: Keeping Bottas looks a `no-brainer`, says Wolff

Published 7y ago

F1 – Formula One – British Grand Prix 2017 – Silverstone, Britain – July 16, 2017 Mercedes’ Lewis Hamilton celebrates his win with Valtteri Bottas (R), Billy Monger (L) and his team Keeping Valtteri Bottas at Mercedes next season looks an obvious decision but ... More »

MidEast ride-hailing firm Careem buys stake in Egyptian transport start-up

Published 7y ago

A Saudi woman shows the Careem app on her mobile phone in Riyadh, Saudi Arabia, January 2, 2017. Ride-hailing firm Careem, a Middle East rival to Uber Technologies Inc, has bought a minority stake in a three-month-old Egyptian start-up that connects commuters ... More »

High-speed Hyperloop project ready for key test in Nevada

Published 7y ago

FILE PHOTO: A Hyperloop One test vehicle is transported at a DevLoop track in the Nevada Desert in a photo taken May 12, 2017 and released July 13, 2017. Hyperloop One/Handout via REUTERS By Alex Dobuzinskis Engineers will soon conduct a crucial test of a futu... More »

After dieselgate, Volkswagen loosens reins on empire

Published 7y ago

FILE PHOTO: People walk past a row of Volkswagen e-Golf cars during the company’s annual news conference in Berlin, Germany March 13, 2014. Picture taken March 13, 2014. When Volkswagen boss Matthias Mueller vowed to reform the carmaker after its emissions sca... More »

Faraday Future moves electric SUV production site, mothballs Las Vegas plant

Published 7y ago

FILE PHOTO: A Faraday Future FF 91 electric car takes off across the stage in an exhibition of speed during an unveiling event at CES in Las Vegas, Nevada January 3, 2017. Startup Faraday Future said it would move production of its planned luxury electric SUV ... More »

Former Renault F1 team principal Vasseur joins Sauber

Published 7y ago

The Sauber Formula One team appointed Frederic Vasseur as their new boss on Wednesday, with the former Renault team principal set to join after the weekend’s British Grand Prix at Silverstone. More »

New contract is up to Vettel, says Ferrari boss

Published 7y ago

Formula One – F1 – Austrian Grand Prix 2017 – Red Bull Ring, Spielberg, Austria – July 9, 2017 Ferrari’s Sebastian Vettel celebrates his second place on the podium after the race Reuters/Dominic Ebenbichler Ferrari have told Sebastian Vettel he just has to sig... More »

Munich prosecutors arrest Audi employee in emissions probe

Published 7y ago

Flags with the Audi logo are pictured in Ingolstadt, the home of German carmaker Audi March 3, 2016. REUTERS/Michael Dalder Munich prosecutors arrested an Audi employee on suspicion of fraud and false advertising in connection with the carmaker’s emissions sca... More »

Tesla wins giant battery contract in Australia, has 100-day deadline

Published 7y ago

South Australian Premier Jay Weatherill (R) listens to Tesla Chief Executive Officer Elon Musk speak during an official ceremony in Adelaide, Australia, July 7, 2017 to announce that Tesla will install the world’s largest grid-scale battery in the South Austra... More »

Geely`s Volvo to go all electric with new models from 2019

Published 7y ago

FILE PHOTO: A Volvo logo is pictured on the stand during the 87th International Motor Show at Palexpo in Geneva, Switzerland, March 7, 2017. REUTERS/Denis Balibouse/File Photo Geely-owned Volvo Car Group said on Wednesday all new models launched from 2019 will... More »

GM China says sales rebound in June, promises 10 models in second half

Published 7y ago

FILE PHOTO – The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo General Motors Co on Wednesday said sales rose in China in June after two consecutive months of decline, and promised to rebuild momentum in the wor... More »

Canadian auto sales jump in June, racking up another record

Published 7y ago

A water tank with the GM logo is seen at the General Motors Assembly Plant in Valencia, April 21, 2017. REUTERS/Marco Bello Canadian auto sales set another record in June, making for a solid performance in the first half of the year as customer demand for ligh... More »

Tesla`s Musk says Model 3 gets regulatory nod for production

Published 7y ago

Tesla Motors’ mass-market Model 3 electric cars are seen in this handout picture from Tesla Motors on March 31, 2016. Tesla Motors/Handout via Reuters/File Photo Tesla Inc’s high-volume Model 3 sedan passed all regulatory requirements for production two weeks ... More »

Investing with `green` ratings? It`s a gray area

Published 7y ago

The New York Stock Exchange is seen from the steps of Federal Hall behind a Statue of former U.S. President George Washington in New York City, U.S., May 17, 2017. REUTERS/Brendan McDermid Investors betting trillions on ethically-appealing stocks may not be ge... More »

Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor

Published 7y ago

Takata Corp. Chairman and CEO Shigehisa Takada bows as he attends a news conference after its decision to file for bankruptcy protection in Tokyo, Japan, June 26, 2017. REUTERS/Toru Hanai Japan’s Takata Corp (7312.T), the firm at the centre of the auto industr... More »

Tesla, others seek ways to ensure drivers keep their hands on the wheel

Published 7y ago

FILE PHOTO – New Autopilot features are demonstrated in a Tesla Model S during a Tesla event in Palo Alto, California October 14, 2015. REUTERS/Beck Diefenbach/File Photo Automakers are using tiny cameras, sensors to track drooping heads, steering wheel monito... More »

VW waives appeal against German dieselgate compensation cases

Published 7y ago

FILE PHOTO: A Volkswagen VW car is seen at a car dealer in Bochum, Germany March 16,2016. REUTERS/Ina Fassbender/File Photo German carmaker Volkswagen (VOWG_p.DE) has agreed to buy back diesel cars equipped with illicit emissions control software after decidin... More »

Tesla moves a step closer to building electric cars in China

Published 7y ago

FILE PHOTO — A Tesla Model X is photographed alongside a Model S at a Tesla electric car dealership in Sydney, Australia, May 31, 2017. REUTERS/Jason Reed/File Photo Tesla Inc (TSLA.O) took a step closer toward establishing an electric vehicle manufacturing pl... More »

Toyota chief says may consider acquisitions to gain auto tech access

Published 7y ago

President of the Toyota Motor Corporation Akio Toyoda delivers a speech before signing a partnership deal with the International Paralympic Committee in Tokyo, November 26, 2015. REUTERS/Thomas Peter Toyota Motor Corp (7203.T) may consider mergers or acquisiti... More »

Takata recommends re-electing board as search for rescue deal drags on

Published 7y ago

FILE PHOTO: The logo of Takata Corp is seen on its display at a showroom for vehicles in Tokyo, Japan, February 9, 2017. REUTERS/Toru Hanai/File Photo Japan’s Takata Corp (7312.T), the airbag maker at the center of world’s largest automotive recall, has recomm... More »

Ex “Top Gear” presenter Hammond in hospital after crash

Published 7y ago

FILE PICTURE: Richard Hammond, host of the BBC America series ”Richard Hammond’s Crash Course,” speaks at the Cable portion of the Television Critics Association Summer press tour in Beverly Hills, California August 1, 2012. REUTERS/Fred Prouser Former “Top Ge... More »

Opel CEO to resign after sale to Peugeot: newspaper

Published 7y ago

FILE PHOTO – Dr Karl-Thomas Neumann, CEO of Opel Group speaks during a news conference on media day at the Paris auto show, in Paris, France, September 29, 2016. REUTERS/Benoit Tessier The chief executive of General Motors’ (GM.N) European arm Opel, Karl-Thoma... More »

Autos need devices to curb child heatstroke deaths: U.S. lawmakers

Published 7y ago

Automakers could help prevent accidental deaths of small children left in hot cars by installing devices to remind drivers to check their back seats for passengers before getting out, three U.S. lawmakers sponsoring a safety measure said on Wednesday. More »

Exclusive: Loophole allows Uber to avoid UK tax, undercut rivals

Published 7y ago

FILE PHOTO – A man arrives at the Uber offices in Queens, New York, U.S. on February 2, 2017. REUTERS/Brendan McDermid/File Photo Car service Uber is using a gap in EU and UK tax rules to avoid incurring sales tax on the booking fees it charges drivers in Brit... More »

SpaceX wins launch of U.S. Air Force X-37B space plane

Published 7y ago

FILE PHOTO: The U.S. Airforce’s X-37B Orbital Test Vehicle mission 4 after landing at NASA’s Kennedy Space Center Shuttle Landing Facility in Cape Canaveral, Florida, U.S., May 7, 2017. U.S. Air Force/Handout via REUTERS/File Photo Elon Musk’s Space Exploratio... More »

BlackBerry downplays Toyota`s use of rival software

Published 7y ago

A Blackberry sign is seen in front of their offices on the day of their annual general meeting for shareholders in Waterloo, Canada in this June 23, 2015 file photo. REUTERS/Mark Blinch/Files BlackBerry Ltd on Monday downplayed news that Toyota Motor Corp woul... More »

Tesla, Sunrun expected to resume Nevada rooftop solar sales

Published 7y ago

FILE PHOTO – Solar panels are seen in front of a natural gas power plant at the Tahoe-Reno Industrial Center in McCarran, Nevada, U.S. on September 16, 2014. REUTERS/Max Whittaker/File Photo U.S. solar companies Tesla Inc (TSLA.O) and Sunrun Inc (RUN.O) on Mon... More »

U.S. plans to update self-driving guidelines in coming months

Published 7y ago

A self-driving car being developed by nuTonomy, a company creating software for autonomous vehicles, is guided down a street near their offices in Boston, Massachusetts, U.S., June 2, 2017. REUTERS/Brian Snyder President Donald Trump’s administration will unve... More »

GM shareholders to decide on Greenlight stock plan, board challenge

Published 7y ago

The GM logo is seen at the General Motors Assembly Plant in Valencia, Venezuela April 21, 2017. REUTERS/Marco Bello Greenlight Capital’s plan to split up General Motors Co’s (GM.N) stock, as well as its challenge to the company’s board of directors, will come ... More »

Supply problems hit production at BMW: Focus

Published 7y ago

FILE PHOTO – A worker mounts the logo on a rim at the serial production BMW i3 electric car in the BMW factory in Leipzig September 18, 2013. REUTERS/Fabrizio Bensch Problems at one of its suppliers has forced German carmaker BMW (BMWG.DE) to halt production i... More »

Beijing bling: Hyundai plots China branding reboot after missile row

Published 7y ago

FILE PHOTO: The Hyundai logo is seen at the 2017 New York International Auto Show in New York City, U.S. April 12, 2017. REUTERS/Brendan Mcdermid/File Photo Bruised by anti-Korean sentiment in its biggest market and losing ground to local automakers, Hyundai M... More »

Some Uber and Lyft riders are giving up their own cars: Reuters/Ipsos poll

Published 7y ago

A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London, Britain October 28, 2016. REUTERS/Toby Melville/Illustration Wally Nowinski got his first car when he turned 16 in Michigan... More »

Ford to name new heads for Europe, Asia: FT

Published 7y ago

FILE PHOTO: Peter Fleet, the president of Ford ASEAN, speaks during a news conference at a hotel in Bangkok March 23, 2011. REUTERS/Chaiwat Subprasom Ford Motor Co (F.N), which earlier this week named turnaround expert James Hackett as its chief executive offi... More »

Lack of new launches leaves Ford playing catchup with GM

Published 7y ago

Newly named Ford Motor Company president and CEO James Hackett answers questions from the media during a press conference at Ford Motor World Headquarters in Dearborn, Michigan, U.S., May 22, 2017. REUTERS/Rebecca Cook James Hackett spent the last year plottin... More »

Germany says makes progress with China on electric car quotas

Published 7y ago

China’s Foreign Minister Wang Yi (R) meets German Foreign Minister Sigmar Gabriel at the Ministry of Foreign Affairs in Beijing, China May 24, 2017. REUTERS/Jason Lee Germany has made good progress with China on how to introduce quotas aimed at producing more ... More »

Some businesses in Asia disrupted by cyber attack, authorities brace for more

Published 7y ago

A hooded man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration Asian governments and businesses reported some disruptions from the WannaCry ransomware worm on Monday... More »

GM supplier relations improve in North America, Nissan`s slip: study

Published 7y ago

The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo Nissan Motor Co (7201.T) has fallen behind its top North American competitors in the health of its working relationships with suppliers while General Motors Co (... More »

More disruptions feared from cyber attack- Microsoft slams government secrecy

Published 7y ago

A hooded man holds a laptop computer as blue screen with an exclamation mark is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration Officials across the globe scrambled over the weekend to catch the culprits ... More »

Lyft, Waymo ink self-driving car deal: NY Times

Published 7y ago

Maya Jackson, a Lyft driver from Sacramento, navigates a Lyft app on a smartphone during a photo opportunity in San Francisco, California February 3, 2016. REUTERS/Stephen Lam Google Inc’s (GOOGL.O) self-driving car unit, Waymo, and U.S. rideshare company Lyft... More »

European, Asian companies short on cyber insurance before ransomware attack

Published 7y ago

FILE PHOTO: A man types on a computer keyboard in front of the displayed cyber code in this illustration picture taken on March 1, 2017. REUTERS/Kacper Pempel/Illustration/File Photo Many companies outside the United States may not have cover for a recent comp... More »

High-profile Snap stakeholders revealed in filings

Published 7y ago

Hedge fund manager Daniel Loeb speaks during a Reuters Newsmaker event in Manhattan, New York, U.S., September 21, 2016. REUTERS/Andrew Kelly Some of the biggest U.S. mutual and hedge funds, including Daniel Loeb’s Third Point and Daniel Och’s Och-Ziff Capital... More »

China April vehicle sales notch steepest fall in 20-months on tax hike

Published 7y ago

Chinese auto sales fell in April by the steepest in almost two years, the automakers’ association said on Thursday, as a tax increase on small-engine cars from the beginning of the year discouraged buyers. More »

New York to allow self-driving vehicle testing: governor

Published 7y ago

FILE PHOTO: Andrew Cuomo, Governor of New York, arrives at Trump Tower in New York City, U.S. January 18, 2017. REUTERS/Stephanie Keith New York Governor Andrew Cuomo said on Wednesday that the state will allow testing of autonomous vehicles on public roads, p... More »

Shares in Japan`s Takata suspended after report on bankruptcy plan

Published 7y ago

FILE PHOTO – A logo of Takata Corp is seen with its display as people are reflected in a window at a showroom for vehicles in Tokyo, November 6, 2015. REUTERS/Toru Hanai/File Photo Ran Kim More »

Tesla hikes pay to quell unrest at key German supplier

Published 7y ago

A robotic arm changes the tyre of a Tesla car at the world’s biggest industrial fair, ‘Hannover Fair’, in Hanover, Germany April 24, 2017. REUTERS/Fabian Bimmer Luxury electric carmaker Tesla (TSLA.O) offered pay rises and job guarantees to defuse labor tensio... More »

U.S. Chamber of Commerce chief expects basic NAFTA deal by mid-2018

Published 7y ago

Tom Donohue, President of U.S. chamber of Commerce, gestures during an interview with Reuters in Mexico City, Mexico April 23, 2017. REUTERS/Carlos Jasso The United States, Mexico and Canada are likely to reach a basic accord over reworking the North American ... More »

Tesla’s big Model 3 bet rides on risky assembly line strategy

Published 7y ago

Tesla Motors’ mass-market Model 3 electric cars are seen in this handout picture from Tesla Motors on March 31, 2016. Tesla Motors/Handout via Reuters/File Photo Tesla Inc (TSLA.O) Chief Executive Elon Musk took many risks with the technology in his company’s ... More »

Apple self-driving car testing plan gives clues to tech program

Published 7y ago

An Apple logo is seen in a store in Los Angeles, California, U.S., March 24, 2017. REUTERS/Lucy Nicholson – RTX32LL4 Apple Inc outlined a plan to train operators of self-driving cars in documents submitted to California regulators earlier this month, the lates... More »

Elon Musk on mission to link human brains with computers in four years: report

Published 7y ago

FILE PHOTO: Tesla Chief Executive, Elon Musk enters the lobby of Trump Tower in Manhattan, New York, U.S., January 6, 2017. REUTERS/Shannon Stapleton/File Photo Tesla Inc (TSLA.O) founder and Chief Executive Elon Musk said his latest company Neuralink Corp is ... More »

China`s Bitauto raises $1 billion from internet giants Tencent, Baidu

Published 7y ago

Auto portal Bitauto Holdings Ltd (BITA.N) has recently raised $1 billion from Tencent Holdings Ltd (0700.HK), Baidu Inc (BIDU.O) and JD.com Inc (JD.O) as it seeks to be China’s largest online car financing platform, its chief told Reuters on Thursday. More »

China`s numerous green-car startups to dwindle to two to three in five years: Nio chairman

Published 7y ago

People gather at the booth of Chinese electric vehicle start-up Nio as it unveils its ES8 SUV at the Shanghai autoshow, in Shanghai, China April 19, 2017. REUTERS/Aly Song Of dozens of startup electric car makers in China, only two or three will be around in f... More »

General Motors says Venezuela illegally seizes auto plant

Published 7y ago

The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo General Motors (GM.N) said on Wednesday that Venezuelan authorities had illegally seized its plant in the industrial hub of Valencia and vowed to “take all legal... More »

Honda to launch all-electric battery car in China next year: executive

Published 7y ago

A worker rides a bicycle past a Honda auto parts manufacturing plant in Foshan, Guangdong province, China June 2, 2010. REUTERS/Stringer Japan’s Honda Motor Co will launch an all-electric battery car in China next year as demand for plug-in electric vehicles (... More »

Tesla settles lawsuit with former head of its Autopilot system

Published 7y ago

A Tesla car charges at a charging station in Beijing, China, April 18, 2017. REUTERS/Thomas Peter Tesla Inc and the former head of its Autopilot program have settled a lawsuit brought by the electric vehicle maker in January, the parties said on Wednesday, in ... More »

Hyundai, Kia to fall far short of China sales target on political row: report

Published 7y ago

The 2018 Hyundai Sonata is unveiled at the 2017 New York International Auto Show in New York City, U.S. April 12, 2017. REUTERS/Brendan Mcdermid Hyundai Motor Co (005380.KS) and Kia Motors Corp (000270.KS) expect it will be difficult to sell 1 million vehicles... More »

GM to add 1,100 jobs in California over five years at self-driving unit

Published 7y ago

The GM logo is seen at the General Motors Lansing Grand River Assembly Plant in Lansing, Michigan October 26, 2015. Photo taken October 26. REUTERS/Rebecca Cook General Motors Co (GM.N) said on Thursday it will add more than 1,100 jobs in California over five ... More »

Tesla jumps after Elon Musk teases commercial truck, pickup

Published 7y ago

FILE PHOTO: Tesla Chief Executive, Elon Musk enters the lobby of Trump Tower in Manhattan, New York, U.S., January 6, 2017. REUTERS/Shannon Stapleton/File Photo Shares of Tesla (TSLA.O) jumped nearly 3 percent on Thursday after Chief Executive Elon Musk said t... More »

`Trump Trade` winners switch into battered retail, biotech shares

Published 7y ago

A trader looks at screens while working on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 27, 2017. REUTERS/Lucas Jackson Some of the actively managed funds that have performed the best since the Nov. 8 presidential election are switc... More »

Japan automakers look to robots to keep elderly on the move

Published 7y ago

A model demonstrates Toyota Motor Corp’s rehabilitation robot Welwalk WW-1000, designed to aid in the rehabilitation of individuals with lower limb paralysis, in Tokyo, Japan April 12, 2017. REUTERS/Toru Hanai Japanese automakers are looking beyond the industr... More »

Toyota robot to keep elderly mobile, one step at a time

Published 7y ago

A model demonstrates Toyota Motor Corp’s rehabilitation robot Welwalk WW-1000, designed to aid in the rehabilitation of individuals with lower limb paralysis, in Tokyo, Japan April 12, 2017. REUTERS/Toru Hanai Toyota Motor Corp said it will commercialize rehab... More »

Daimler first quarter profit surges 87 percent on strong Mercedes sales

Published 7y ago

The Mercedes star logo of an E Coupe is pictured before the annual news conference of Daimler AG in Stuttgart, Germany, February 2, 2017. REUTERS/Michaela Rehle Daimler AG’s (DAIGn.DE) shares were set to open 3.5 percent higher on Wednesday after the maker of ... More »

Brazil`s president would veto parts of bill to regulate Uber

Published 7y ago

Brazil’s President Michel Temer listens to questions from the media during LAAD, the biggest military industry expo in Latin America in Rio de Janeiro, Brazil, April 4, 2017. REUTERS/Pilar Olivares Brazil’s President Michel Temer would veto clauses of a bill t... More »

DoubleLine`s Gundlach says no risk of U.S. junk bond `meltdown`

Published 7y ago

File photo: Jeffrey Gundlach, Chief Executive Officer, DoubleLine Capital LP., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid There is no risk of a high-yield junk bond “meltdown” because the risk of a rec... More »

Tesla delivers quarterly record of 25,000 vehicles in first quarter

Published 7y ago

People walk past a planned store of Tesla in Hanam, South Korea, December 22, 2016. REUTERS/Kim Hong-Ji Tesla Inc (TSLA.O), the U.S. luxury electric car maker, said on Sunday first-quarter vehicle deliveries jumped 69 percent from a year ago to a quarterly rec... More »

Ford recalls F-250 pickups that could roll while in park

Published 7y ago

A Ford logo is pictured at a car dealership in Monterrey, Mexico, November 9, 2016. REUTERS/Daniel Becerril Ford Motor Co (F.N) is recalling about 52,600 F-250 pickup trucks sold in the United States and Canada because the vehicles could roll after the driver ... More »

German prosecutors expect rulings in VW scandal this year: report

Published 7y ago

FILE PHOTO: A Volkswagen logo is pictured at Volkswagen’s headquarters in Wolfsburg, Germany, April 22, 2016. REUTERS/Hannibal Hanschke/File Photo German prosecutors expect the first rulings this year in legal cases resulting from the Volkswagen (VOWG_p.DE) em... More »

Investors unimpressed by Einhorn`s GM share class plan: survey

Published 7y ago

File photo: David Einhorn, founder and president of Greenlight Capital, speaks during the Sohn Investment Conference in New York May 4, 2015. REUTERS/Brendan McDermid Bayliss More »

Toyota recalls 2.9 million vehicles globally over airbags

Published 7y ago

The logo of Toyota is pictured at the 38th Bangkok International Motor Show in Bangkok, Thailand March 28, 2017. REUTERS/Athit Perawongmetha Toyota Motor Corp (7203.T) on Thursday said it was recalling a total of about 2.9 million vehicles in Japan, China, Eur... More »

Batteries included as Hyundai amps up electric car ambitions

Published 7y ago

FILE PHOTO: A Hyundai electric car is seen during the 15th Shanghai International Automobile Industry Exhibition in Shanghai April 21, 2013. REUTERS/Carlos Barria South Korea’s Hyundai Motor Co (005380.KS) is developing its first dedicated architecture for ele... More »

Volkswagen says U.S. approves sale of modified diesel vehicles

Published 7y ago

FILE PHOTO – An American flag flies next to a Volkswagen car dealership in San Diego, California, U.S. on September 23, 2015. REUTERS/Mike Blake/File Photo Volkswagen AG (VOWG_p.DE) said the U.S. Environmental Protection Agency has approved its request to sell... More »

Waymo self-driving unit sought arbitration over engineer now at Uber

Published 7y ago

The Waymo logo is displayed during the company’s unveil of a self-driving Chrysler Pacifica minivan during the North American International Auto Show in Detroit, Michigan, U.S., January 8, 2017. REUTERS/Brendan McDermid Alphabet Inc’s (GOOGL.O) Waymo self-driv... More »

BlackBerry, freed of handsets, looks to software for return to glory

Published 7y ago

FILE PHOTO – A Blackberry smartphone is displayed in this illustrative picture taken in Bordeaux, Southwestern France, August 22, 2016. REUTERS/Regis Duvignau/File Photo Although BlackBerry Ltd (BB.TO) has extricated itself from the smartphone handsets that we... More »

China`s Chery files trademark complaint against Mercedes over green car brand

Published 7y ago

A Mercedes-Benz Concept EQ car is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 8, 2017. REUTERS/Arnd Wiegmann Chinese automaker Chery Automobile Co Ltd [CHERY.UL] has filed a complaint with the country’s trademark regul... More »

Trump`s auto review may only slow march to better fuel efficiency

Published 7y ago

A smog testing station for vehicles to stay in compliance with California air quality laws is shown in Oceanside, California, U.S., March 22, 2017. REUTERS/Mike Blake When U.S. President Donald Trump announced a review last week of tough Obama-era vehicle emis... More »

China`s Geely doubles earnings as Volvo tech boosts sales

Published 7y ago

FILE PHOTO: Employees work along a Geely Automobile Corporation assembly line in Cixi, Zhejiang province June 21, 2012. REUTERS/Carlos Barria/File Photo China’s Geely Automobile Holdings Ltd (0175.HK) posted its biggest profit growth in eight years on Wednesda... More »

Asia firms` confidence hits near two-year high on U.S., China pick-up: Thomson Reuters/INSEAD

Published 7y ago

FILE PHOTO- Potential buyers look at models of a new public housing estate to be constructed in Singapore February 13, 2017. REUTERS/Edgar Su/File Photos Business sentiment at Asia’s top companies rose to its highest in almost two years in the first quarter of... More »

Germany could file suit against Trump at WTO over border tax, economy minister says

Published 7y ago

FILE PHOTO: New appointed Economy Minister Brigitte Zypries attends the weekly cabinet meeting at the Chancellery in Berlin, Germany, February 1, 2017. REUTERS/Fabrizio Bensch Germany could file a suit against the United States at the World Trade Organization ... More »

Baidu leads investment into green car start-up NextEV

Published 7y ago

Baidu’s company logo is seen at its headquarters in Beijing December 17, 2014. REUTERS/Kim Kyung-Hoon Baidu Inc said on Friday it had led an investment round into green car start-up NextEV, as the Chinese search engine giant looks for new growth drivers and as... More »

Exclusive: China`s LeEco, Tesla wannabe, to sell Silicon Valley site amid cash crunch – sources

Published 7y ago

FILE PHOTO: LeEco’s new Le Pro3 phone is on display during a press event in San Francisco, California, U.S. October 19, 2016. RETUERS/Beck Diefenbach/File Photo Chinese technology conglomerate LeEco is looking to sell a 49-acre U.S. Silicon Valley property les... More »

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