FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo (Reuters) – Tesla Inc will update its battery software after two recent fires involving its Model S electric vehicles (EV) in Shanghai and Hong Kong, the U.S. automaker said on Thursday,… Continue reading UPDATE 1-Tesla to update battery software following car fires
Author: Ritters US Newsfeed
UPDATE 2-Tesla’s New York solar factory making other products in bid to boost jobs
(Reuters) – Tesla Inc on Wednesday said its solar factory in Buffalo, New York, would become the “manufacturing home” for its electric vehicle Supercharger cabinets and other energy storage products as it seeks to meet employment targets tied to state subsidies. FILE PHOTO: A worker is seen outside the Tesla Inc. Gigafactory 2, which is… Continue reading UPDATE 2-Tesla’s New York solar factory making other products in bid to boost jobs
Tesla says solar factory will now make EV chargers and other products
FILE PHOTO: A worker is seen outside the Tesla Inc. Gigafactory 2, which is also known as RiverBend, a joint venture with Panasonic to produce solar panels and roof tiles in Buffalo, New York, U.S., August 2, 2018. REUTERS/Brendan McDermid/ File Photo (Reuters) – Tesla Inc said on Wednesday its solar factory in Buffalo, New… Continue reading Tesla says solar factory will now make EV chargers and other products
UPDATE 1-Ford recalling 273,000 vehicles in North America that could roll away
(Adds Ford Ranger recall) WASHINGTON, May 15 (Reuters) – Ford Motor Co is recalling nearly 273,000 Ford Fusion and Ranger pickup trucks in North America that could roll away if the gear is not in “park” mode, the second largest U.S. automaker said on Wednesday. The recall covers 270,000 Fusion cars from model years 2013… Continue reading UPDATE 1-Ford recalling 273,000 vehicles in North America that could roll away
UPDATE 1-Ford to build more Lincolns for Chinese market locally -CFO
FILE PHOTO: A Lincoln car with self-driving equipment developed by Ford and Baidu is seen at a product launching event in Shanghai, China April 3, 2019. REUTERS/Yilei Sun/File Photo (Reuters) – Ford Motor Co plans to start production of new luxury Lincoln models in China for that market as they are launched, starting with the… Continue reading UPDATE 1-Ford to build more Lincolns for Chinese market locally -CFO
Ford to build more Lincolns for Chinese market locally -CFO
May 15 (Reuters) – Ford Motor Co plans to start production of new luxury Lincoln models in China for that market as they are launched, starting with the new Corsair later this year, to benefit from lower costs and avoid the risk of tariffs, a top executive said on Monday. “It’s a huge, huge opportunity… Continue reading Ford to build more Lincolns for Chinese market locally -CFO
Nissan set for weakest profit in 11 years as Ghosn woes, bleak sales weigh
YOKOHAMA (Reuters) – Nissan Motor Co forecast a 28% plunge in its annual operating profit, putting it on course for the weakest earnings in 11 years and underscoring its struggle to turn the page after former Chairman Carlos Ghosn was ousted. The lackluster outlook from Japan’s No.2 automaker – hit by Ghosn’s arrest last year… Continue reading Nissan set for weakest profit in 11 years as Ghosn woes, bleak sales weigh
UPDATE 1-Volvo signs EV battery supply deals with LG Chem, CATL
FILE PHOTO: The logo of Swedish automobile manufacturer Volvo is seen at Stierli Automobile AG company in St. Erhard, Switzerland April 11, 2019. REUTERS/Arnd Wiegmann SEOUL/BEIJING (Reuters) – Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with two Asian battery makers, LG Chem and Contemporary Amperex Technology Co Ltd (CATL),… Continue reading UPDATE 1-Volvo signs EV battery supply deals with LG Chem, CATL
Uber drivers are contractors, not employees, U.S. labor relations board says
FILE PHOTO: The Logo of taxi company Uber is seen on the roof of a private hire taxi in Liverpool, Britain, April 15, 2019. REUTERS/Phil Noble/File Photo (Reuters) – Drivers of ride-hailing company Uber Technologies Inc’s were independent contractors and not its employees, the U.S. National Labor Relations Board said in a memo. “Drivers’ virtually… Continue reading Uber drivers are contractors, not employees, U.S. labor relations board says
FOCUS-Nissan faces long, rocky road to cut U.S. discounts, rental sales
DETROIT/TOKYO (Reuters) – Nissan Motor Co Ltd said on Tuesday it had hit “rock bottom” with a 45% drop in annual operating profit. The automaker’s troubles in the United States, including a failure to deliver on a slew of promises to dealers, are a major reason why. FILE PHOTO: A finished Nissan Altima comes off… Continue reading FOCUS-Nissan faces long, rocky road to cut U.S. discounts, rental sales