UPDATE 2-First Sensor in advanced takeover talks with TE Connectivity

(Reuters) – Germany’s First Sensor AG said on Sunday it is in advanced talks with connector and sensor maker TE Connectivity Ltd regarding a takeover. The company, which makes electronic sensors used in the industrial, medical and automotive sectors, said it has received a legally non-binding expression of interest with an indicative offer price of… Continue reading UPDATE 2-First Sensor in advanced takeover talks with TE Connectivity

Carmakers FCA and Renault to go public on tie-up talks

MILAN/PARIS (Reuters) – Fiat Chrysler and Renault are set to confirm tie-up talks on Monday, with the board of the French carmaker called to an early morning meeting to discuss the situation. FILE PHOTO: The logo of FIAT carmaker is seen on a steering wheel in Cairo, Egypt, May 19, 2019. Picture taken May 19,… Continue reading Carmakers FCA and Renault to go public on tie-up talks

FCA and Renault to go public on potential tie-up

MILAN/PARIS (Reuters) – Fiat Chrysler and Renault are set to confirm talks on a potential tie-up on Monday, with the board of the French carmaker called to an early morning meeting to discuss the situation. FILE PHOTO: The logo of FIAT carmaker is seen on a steering wheel in Cairo, Egypt, May 19, 2019. Picture… Continue reading FCA and Renault to go public on potential tie-up

Details on FCA/Renault talks set to emerge on Monday

FILE PHOTO: The logo of FIAT carmaker is seen on a steering wheel in Cairo, Egypt, May 19, 2019. Picture taken May 19, 2019. REUTERS/Mohamed Abd El Ghany/File Photo MILAN/PARIS (Reuters) – Fiat Chrysler is likely to make an announcement about its talks on a potential tie-up with rival Renault on Monday, two sources told… Continue reading Details on FCA/Renault talks set to emerge on Monday

Fiat Chrysler in talks over ties with Renault: source

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at its U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo MILAN (Reuters) – Italian carmaker Fiat Chrysler Automobiles NV is in talks to form ties with Renault SA, a person familiar with the matter said on Saturday. It was too… Continue reading Fiat Chrysler in talks over ties with Renault: source

VW to intensify talks with Northvolt on battery project: Boersen-Zeitung

FILE PHOTO: Board Member of Procurement Stefan Sommer speaks ahead of Volkswagen Group’s annual general meeting in Berlin, Germany, May 14, 2019. REUTERS/Hannibal Hanschke FRANKFURT (Reuters) – Volkswagen is intensifying talks with Swedish startup Northvolt on plans to jointly build up battery cell production in Salzgitter, near its headquarters in Lower Saxony, one of its… Continue reading VW to intensify talks with Northvolt on battery project: Boersen-Zeitung

Uber brings electric bike service JUMP to London

FILE PHOTO: Uber “JUMP” bikes are shown along a sidewalk in downtown San Diego, California, U.S., April 23, 2019. REUTERS/Mike Blake/File Photo LONDON (Reuters) – Taxi app Uber will pilot its electric bicycle service JUMP in London from Friday as it makes 350 bikes available to rent in a part of Britain’s capital city, a… Continue reading Uber brings electric bike service JUMP to London

Musk’s leaked email shows Tesla to make record deliveries in second quarter

(Reuters) – Tesla Inc is on course to deliver a record number of cars in the second quarter, beating the 90,700 it sent to customers in the final quarter of last year, according to an internal email from Chief Executive Officer Elon Musk to staff. A Tesla Model 3 sedan, its first car aimed at… Continue reading Musk’s leaked email shows Tesla to make record deliveries in second quarter

Tesla deliveries set to top record in second quarter: Musk email

A Tesla Model 3 sedan, its first car aimed at the mass market, is displayed during its launch in Hawthorne, California, U.S. March 31, 2016. REUTERS/Joe White (Reuters) – Tesla Inc is on course to top its record for quarterly deliveries in the second quarter, beating the 90,700 it sent to customers in the final… Continue reading Tesla deliveries set to top record in second quarter: Musk email

Chilean lithium producer SQM’s profits fall on lower prices, higher royalties

SANTIAGO, May 23 (Reuters) – SQM, the world’s No. 2 producer of lithium, said on Thursday that first-quarter earnings dropped by nearly one-third on a slump in prices of the ultralight battery metal and a spike in royalties at its operations in Chile. SQM reported quarterly earnings fell to $80.5 million from $113.8 million during… Continue reading Chilean lithium producer SQM’s profits fall on lower prices, higher royalties