FILE PHOTO: The BMW logo is seen on a car in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo FRANKFURT (Reuters) – BMW’s new hybrid cars will automatically switch off their combustion engines in heavily polluted inner city areas and use pure electric driving mode as a way to cut vehicle emissions, the carmaker said… Continue reading BMW’s hybrid cars to switch to electric only mode in polluted cities
Author: Ritters US Newsfeed
UPDATE 4-Nissan pours cold water on hopes for quick fix to Renault strain
YOKOHAMA, Japan (Reuters) – Nissan Motor on Tuesday threw cold water on hopes for a quick fix to its strained relations with France’s Renault SA, saying inequality between the partners could unravel their two-decade-old automaking alliance. FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa attends a news conference at its global headquarters building… Continue reading UPDATE 4-Nissan pours cold water on hopes for quick fix to Renault strain
China’s used car platform Renrenche looks to slash jobs by 60%, source says
BEIJING (Reuters) – China’s online used car trading platform Renrenche aims to cut as much as 60 per cent of staff as it battles tight funding and fierce competition, a source familiar with the matter told Reuters on Monday. The move comes amid a slowdown in China’s tech sector that has led to caution among… Continue reading China’s used car platform Renrenche looks to slash jobs by 60%, source says
Velodyne Lidar hires bankers for an IPO – Business Insider
A Velodyne LiDAR sensor is seen mounted on a self-driving vehicle during a self-racing cars event at Thunderhill Raceway in Willows, California, U.S., April 1, 2017. REUTERS/Stephen Lam (Reuters) – Autonomous vehicle technology company Velodyne Lidar has hired bankers for an initial public offering, Business Insider reported on Saturday, citing sources familiar with the process.… Continue reading Velodyne Lidar hires bankers for an IPO – Business Insider
Daimler to recall 60,000 Mercedes diesels in Germany over emissions
The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke FRANKFURT (Reuters) – Daimler must recall 60,000 Mercedes diesel cars in Germany after regulators found that they were fitted with software aimed at distorting emissions tests, the Transportation Ministry said on Saturday. The model affected is… Continue reading Daimler to recall 60,000 Mercedes diesels in Germany over emissions
Nissan grants Renault execs boardroom seats, ending dispute
FILE PHOTO: The logo of French car manufacturer Renault is seen at a dealership of the company in Bordeaux, France, June 12, 2019. REUTERS/Regis Duvignau/File Photo TOKYO/PARIS (Reuters) – Japan’s Nissan said on Friday it would grant alliance member Renault’s representatives seats on key committees of its board, ending a dispute between the two automakers.… Continue reading Nissan grants Renault execs boardroom seats, ending dispute
Renault will vote to back Nissan’s move to give it boardroom seats
FILE PHOTO: The logo of French car manufacturer Renault is seen at a dealership of the company in Bordeaux, France, June 12, 2019. REUTERS/Regis Duvignau/File Photo PARIS (Reuters) – French carmaker Renault, which is looking to preserve and strengthen its alliance with Nissan, said it would vote in favor of a move by Nissan to… Continue reading Renault will vote to back Nissan’s move to give it boardroom seats
Renault, Nissan join Waymo in exploring driverless services in France, Japan
DETROIT/PARIS (Reuters) – French automaker Renault SA, its Japanese partner Nissan Motor Co and tech giant Alphabet Inc’s Waymo are exploring a partnership to develop and use self-driving vehicles to transport people and goods in France and Japan, the companies said on Thursday. FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen… Continue reading Renault, Nissan join Waymo in exploring driverless services in France, Japan
RPT-Renault CEO Bollore has no plans to reduce Nissan stake
(Repeats story that ran late on Wednesday, with no changes to text) By Munsif Vengattil NEW DELHI, June 19 (Reuters) – Cutting its stake in alliance partner Nissan is not on Renault’s agenda, the French carmaker’s chief executive Thierry Bollore said on Wednesday after a global vehicle launch in New Delhi. Renault and Fiat Chrysler… Continue reading RPT-Renault CEO Bollore has no plans to reduce Nissan stake
Czech owners of Skoda, Volkswagen cars qualify for $23 million compensation, court says
PRAGUE (Reuters) – A Prague district court has ruled that a number of Czech owners of Skoda and Volkswagen cars qualify for 533 million crowns ($23.30 million) in compensation linked to VW’s diesel emissions scandal, the ruling seen by Reuters said. FILE PHOTO: A Volkswagen logo in Wolfsburg, Germany March 1, 2019. REUTERS/Fabian Bimmer The… Continue reading Czech owners of Skoda, Volkswagen cars qualify for $23 million compensation, court says