The Infiniti logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Jonathan Ernst BEIJING (Reuters) – The first electric car for Nissan Motor Co’s premium brand Infiniti will be a sporty sedan produced in China, the Japanese carmaker said in a statement viewed by Reuters ahead of… Continue reading Nissan brand Infiniti aims to launch first electric car in three years, made in China
Author: Ritters US Newsfeed
Ford launches layoff program for Brazil’s Camaçari plant
FILE PHOTO: The logo is seen on the bonnet of a new Ford Aspire car during its launch in New Delhi, India, October 4, 2018. REUTERS/Anushree Fadnavis/File Photo SAO PAULO (Reuters) – The Brazilian unit of Ford Motor Company said on Tuesday it was initiating a voluntary layoff program for its plant in Camaçari, in… Continue reading Ford launches layoff program for Brazil’s Camaçari plant
Exclusive: Ford likely to end independent India business with new Mahindra deal – sources
FILE PHOTO: The logo is seen on the bonnet of a new Ford Aspire car during its launch in New Delhi, India, October 4, 2018. REUTERS/Anushree Fadnavis/File Photo NEW DELHI (Reuters) – Ford Motor Co is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a move that will… Continue reading Exclusive: Ford likely to end independent India business with new Mahindra deal – sources
SEC steps on Tesla ‘reasonable’ to prevent problems -commissioner
FILE PHOTO: Tesla CEO Elon Musk leaves Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S. April 4, 2019. REUTERS/Brendan McDermid/File Photo WASHINGTON (Reuters) – The U.S. securities watchdog’s request that a federal judge hold Tesla Inc Chief Executive Elon Musk in… Continue reading SEC steps on Tesla ‘reasonable’ to prevent problems -commissioner
Fiat Chrysler to pay $110 million to settle U.S. investor suit
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook/File Photo (Reuters) – Italian-American automaker Fiat Chrysler Automobiles NV has agreed to pay $110 million to settle a lawsuit alleging it misled U.S. investors over excess diesel emissions and failed to… Continue reading Fiat Chrysler to pay $110 million to settle U.S. investor suit
Honda will stop car production in Turkey after 2021: statement
The Honda booth displays the company logo at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Jonathan Ernst ISTANBUL (Reuters) – Honda has decided to end car production in Turkey following completion of the production of its current Civic Sedan model in 2021, the company said in a statement on… Continue reading Honda will stop car production in Turkey after 2021: statement
Nissan shareholders sever last ties with ousted Ghosn
TOKYO (Reuters) – Nissan Motor Co shareholders ousted erstwhile boss Carlos Ghosn as a director on Monday, severing his last ties with the company he rescued from near-bankruptcy two decades ago and from which he is now accused of siphoning funds. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he… Continue reading Nissan shareholders sever last ties with ousted Ghosn
Nissan considering claiming damages against Ghosn, CEO says
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer’s office after being released on bail from Tokyo Detention House, in Tokyo, Japan, March 6, 2019. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Nissan Motor Co is considering claiming damages against ousted boss Carlos Ghosn over alleged financial misconduct,… Continue reading Nissan considering claiming damages against Ghosn, CEO says
Nissan CEO tells shareholders Ghosn scandal won’t be fixed overnight
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer’s office after being released on bail from Tokyo Detention House, in Tokyo, Japan, March 6, 2019. REUTERS/Issei Kato/File Photo YOKOHAMA, Japan (Reuters) – Nissan Motor Co Ltd Chief Executive Hiroto Saikawa began an extraordinary shareholders meeting on Monday… Continue reading Nissan CEO tells shareholders Ghosn scandal won’t be fixed overnight
Fiat Chrysler to pay Tesla hundreds of millions of euros to pool fleet
(Reuters) – Italian-U.S. carmaker Fiat Chrysler Automobiles NV (FCA) has agreed to pay electric carmaker Tesla Inc hundreds of millions of euros to allow Tesla vehicles to be counted in its fleet to avoid fines for violating new European Union emission rules. FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Italy, July… Continue reading Fiat Chrysler to pay Tesla hundreds of millions of euros to pool fleet