WASHINGTON, May 3 (Reuters) – General Motors Co said Friday it is recalling 368,000 medium- and heavy-duty diesel trucks equipped with engine-block heaters for fire risks after 19 reports of fires. The recall covers some 2019 Chevrolet Silverado 4500, 5500 and 6500 trucks, 2017-2019 Chevrolet Silverado and GMC Sierra 2500 and 3500 trucks equipped with… Continue reading GM recalls 368,000 heavy-duty trucks for fire risks
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Fiat Chrysler pins hopes on new models after weak first quarter
MILAN/DETROIT (Reuters) – Fiat Chrysler (FCA) expects new models such as the Jeep Gladiator and all-new RAM heavy duty truck to help it meet full-year targets and make up for weaker sales and profits in the first quarter, the automaker said on Friday. FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Italy,… Continue reading Fiat Chrysler pins hopes on new models after weak first quarter
Fiat Chrysler confirms full-year targets even as weaker sales hit first-quarter profits
FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Italy, July 21, 2018. REUTERS/Massimo Pinca MILAN (Reuters) – Fiat Chrysler (FCA) on Friday confirmed its targets for this year despite reporting a 29 percent fall in first-quarter operating profit as sales and margins weakened in its North American profit center. Chief Executive Mike… Continue reading Fiat Chrysler confirms full-year targets even as weaker sales hit first-quarter profits
UPDATE 1-Fiat Chrysler confirms full-year targets even as weaker sales hit Q1 profits
FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Italy, July 21, 2018. REUTERS/Massimo Pinca MILAN (Reuters) – Fiat Chrysler (FCA) on Friday confirmed its targets for this year despite reporting a 29 percent fall in first-quarter operating profit as sales and margins weakened in its North American profit center. Chief Executive Mike… Continue reading UPDATE 1-Fiat Chrysler confirms full-year targets even as weaker sales hit Q1 profits
REFILE-Fiat Chrysler Q1 adj. EBIT falls 29 pct as sales slow
FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Italy, July 21, 2018. REUTERS/Massimo Pinca MILAN (Reuters) – Fiat Chrysler (FCA) said on Friday its adjusted operating profit fell 29 percent in the first quarter as sales slowed in its North American profit center and in Europe. Adjusted earnings before interest and tax… Continue reading REFILE-Fiat Chrysler Q1 adj. EBIT falls 29 pct as sales slow
Fiat Chrysler first-quarter adjusted EBIT falls 29 percent as sales slow
FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Italy, July 21, 2018. REUTERS/Massimo Pinca MILAN (Reuters) – Fiat Chrysler (FCA) said on Friday its adjusted operating profit fell 29 percent in the first quarter as sales slowed in its North American profit center in Europe. Adjusted earnings before interest and tax (EBIT)… Continue reading Fiat Chrysler first-quarter adjusted EBIT falls 29 percent as sales slow
Exclusive: Tesla expects global shortage of electric vehicle battery minerals -sources
WASHINGTON (Reuters) – Tesla Inc expects global shortages of nickel, copper and other electric-vehicle battery minerals down the road due to underinvestment in the mining sector, the company’s global supply manager for battery metals told an industry conference on Thursday, according to two sources. FILE PHOTO: The logo of Tesla is seen in Taipei, Taiwan… Continue reading Exclusive: Tesla expects global shortage of electric vehicle battery minerals -sources
Tesla ends ‘Spartan diet’ and seeks $2.3 billion to fund expansion
(Reuters) – Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a “Spartan diet” and easing Wall Street concerns about the money-losing company’s ability to overcome a drop in sales and build new product lines. Tesla’s plan to issue shares and convertible debt comes after the company repeatedly… Continue reading Tesla ends ‘Spartan diet’ and seeks $2.3 billion to fund expansion
GM considers investing $1 billion in its Missouri plant, state officials say
FILE PHOTO: The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January 22, 2019. REUTERS/Roosevelt Cassio WASHINGTON (Reuters) – General Motors Co is considering a $1 billion investment at its Missouri assembly plant where it builds vans and trucks, state officials said on Thursday. Missouri Governor Mike Parson… Continue reading GM considers investing $1 billion in its Missouri plant, state officials say
CORRECTED-OFFICIAL-Tesla to reduce solar panel prices by up to 16 percent – NYT
(New York Times corrects the difference in price between the Tesla panels and the national average to 16 percent from 38 percent) April 30 (Reuters) – Tesla Inc plans to announce that it has begun selling solar panels and related equipment for up to 16 percent below the national average price, the New York Times… Continue reading CORRECTED-OFFICIAL-Tesla to reduce solar panel prices by up to 16 percent – NYT