FILE PHOTO: A Harley-Davidson Inc. logo is seen at the Paris auto show in Paris, France, October 4, 2018. REUTERS/Benoit Tessier/File Photo (Reuters) – Harley-Davidson Inc will partner with China’s Qianjiang Motorcycle Co to produce a new smaller model bike, making good on promises to build more motorcycles outside the United States that have angered… Continue reading CORRECTED-UPDATE 1-Harley-Davidson strikes deal to make smaller bikes in China
Author: Ritters US Newsfeed
Toyota snub dents Saudi Arabia’s manufacturing drive
RIYADH (Reuters) – Saudi Arabia began courting Toyota two years ago to build a large car plant as part of Crown Prince Mohammed bin Salman’s grand plan to wean the kingdom off oil revenues and create jobs for young Saudis. A car passes in front of Toyota dealer in Dhahran, Saudi Arabia June 15, 2019.… Continue reading Toyota snub dents Saudi Arabia’s manufacturing drive
Nissan considers seats for Renault chairman, CEO in new committees: Nikkei
FILE PHOTO : The Nissan logo is seen at Nissan Motor Co.’s global headquarters building in Yokohama, Japan, December 17, 2018. REUTERS/Kim Kyung-Hoon/File Photo (Reuters) – Nissan Motor Co Ltd plans to give seats in its four proposed committees to alliance partner Renault SA’s chief executive and chairman, Japan’s Nikkei newspaper reported on Wednesday, citing… Continue reading Nissan considers seats for Renault chairman, CEO in new committees: Nikkei
Electric dreams in danger as funding dwindles for China’s Tesla challengers
HONG KONG/BEIJING (Reuters) – Last year, Wei Qing and his private equity investment team visited more than 20 Chinese electric vehicle manufacturing startups. An employee works on assembling an electric vehicle (EV) at a factory of Suda Electric Vehicle Technology Co, in Sanmenxia, Henan province, China March 19, 2019. Picture taken March 19, 2019. REUTERS/Stringer… Continue reading Electric dreams in danger as funding dwindles for China’s Tesla challengers
Lyft, Agero partner to offer rides for consumers requiring tow assistance
FILE PHOTO: Lyft supporters gather for the Lyft IPO as the company lists its shares on the Nasdaq in the first-ever ride-hailing initial public offering, in Los Angeles, California, U.S., March 29, 2019. REUTERS/Mike Blake/File Photo (Reuters) – Roadside assistance provider Agero Inc said on Tuesday it would partner with ride hailing company Lyft Inc… Continue reading Lyft, Agero partner to offer rides for consumers requiring tow assistance
Germany to support three battery cell alliances – economy minister
BERLIN (Reuters) – Germany will support three company alliances with earmarked funds of 1 billion euros for the domestic production of battery cells in an effort to reduce carmakers’ dependence on Asian suppliers, Economy Minister Peter Altmaier told Reuters. German Economy Minister Peter Altmaier is pictured during an interview with Reuters in his ministry building… Continue reading Germany to support three battery cell alliances – economy minister
Truckmaker Volvo to partner with Nvidia to develop AI for driverless vehicles
STOCKHOLM (Reuters) – Sweden’s AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday. 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 The agreement between… Continue reading Truckmaker Volvo to partner with Nvidia to develop AI for driverless vehicles
AB Volvo to partner with Nvidia to develop AI platform for driverless trucks
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 STOCKHOLM (Reuters) – Sweden’s AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday. The agreement between… Continue reading AB Volvo to partner with Nvidia to develop AI platform for driverless trucks
Volkswagen aims to boost in-house software development to 60% by 2025
FILE PHOTO: The logo of Volkswagen carmaker is seen at the entrance of a showroom in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo BERLIN (Reuters) – Volkswagen said on Tuesday it would put 5,000 digital experts into a new unit called “Car.Software” by 2025 as the German carmaker aims to develop at least 60%… Continue reading Volkswagen aims to boost in-house software development to 60% by 2025
Renault-Nissan alliance remains priority for French finance minister
FILE PHOTO: French Economy and Finance Minister Bruno Le Maire delivers a speech during a high-level forum on debt at the Finance ministry in Paris, France, May 7, 2019. REUTERS/Benoit Tessier/File Photo PARIS (Reuters) – Renault’s alliance with Japanese partner Nissan remains French Finance Minister Bruno Le Maire’s priority ahead of any further consolidation with… Continue reading Renault-Nissan alliance remains priority for French finance minister