(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 UPDATE 2-Fiat Chrysler to pay Tesla hundreds of millions of euros to pool fleet
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Hyundai Motor denies tie-up with Tencent on driverless car software
FILE PHOTO: A man walks past the logo of Hyundai Motor during the 2019 Seoul Motor Show in Goyang, South Korea, March 28, 2019. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korean automaker Hyundai Motor Co on Sunday denied a report that it had signed a preliminary deal with Chinese technology firm Tencent Holdings to develop… Continue reading Hyundai Motor denies tie-up with Tencent on driverless car software
Top German carmakers charged with blocking clean emissions technology
BRUSSELS (Reuters) – BMW, and Volkswagen face possible hefty fines after EU antitrust regulators on Friday charged the German carmakers and whistleblower Daimler with colluding to block the rollout of clean emissions technology. In the latest pollution scandal to hit the auto industry, the European Commission said it had sent so-called statements of objections to… Continue reading Top German carmakers charged with blocking clean emissions technology
Norsk Hydro’s production near normal after cyber attack
OSLO (Reuters) – Production at Norwegian aluminum maker Norsk Hydro was back to near normal after a cyber attack last month, the company said on Friday. FILE PHOTO: A sign warning employees not to connect devices to the network in the wake of a cyber attack is seen at the headquarters of aluminum producer Norsk… Continue reading Norsk Hydro’s production near normal after cyber attack
EU regulators charge BMW, Daimler, Volkswagen with emissions collusion
FILE PHOTO: A logo of German luxury carmaker BMW, is seen ahead of the company’s annual news conference in Munich, Germany, March 20, 2019. REUTERS/Michael Dalder/File Photo BRUSSELS (Reuters) – EU antitrust regulators charged BMW, Daimler and Volkswagen on Friday for hindering competition on emission cleaning technology between 2006 to 2014. The European Commission said… Continue reading EU regulators charge BMW, Daimler, Volkswagen with emissions collusion
Tokyo court approves Ghosn’s detention until April 14, lawyer to appeal
Former Nissan Motor Chairman Carlos Ghosn leaves his lawyer’s office in Tokyo, Japan in this photo taken by Kyodo April 3, 2019. Mandatory credit Kyodo/via REUTERS TOKYO (Reuters) – The Tokyo District Court on Friday said it had approved a request by prosecutors to detain ousted Nissan Motor Co Chairman Carlos Ghosn for 10 days,… Continue reading Tokyo court approves Ghosn’s detention until April 14, lawyer to appeal
Elon Musk safe for now as U.S. judge urges Tesla CEO, SEC to resolve tweet dispute
NEW YORK (Reuters) – Elon Musk’s job as Tesla Inc’s chief executive appeared safe on Thursday as a federal judge in Manhattan urged the billionaire to settle contempt allegations by the U.S. Securities and Exchange Commission. At a hearing in Manhattan federal court, U.S. District Judge Alison Nathan gave both sides two weeks to work… Continue reading Elon Musk safe for now as U.S. judge urges Tesla CEO, SEC to resolve tweet dispute
Renault scraps Ghosn’s pension as scandal deepens
PARIS (Reuters) – Renault blocked former chief executive Carlos Ghosn’s pension on Wednesday, as the French carmaker said an internal probe had identified “questionable and concealed practices” by the fallen auto industry hero. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer’s office after being released on… Continue reading Renault scraps Ghosn’s pension as scandal deepens
UPDATE 1-PSA chief says not focused on new partnership with Fiat Chrysler
(Adds background and details on China, India) By Sanjana Shivdas CHENNAI, April 3 (Reuters) – French carmaker PSA Group is not focused on negotiating a new partnership with Fiat Chrysler , Chief Executive Officer Carlos Tavares said on Wednesday. Asked if an alliance with Fiat was something PSA is actively exploring or in talks about,… Continue reading UPDATE 1-PSA chief says not focused on new partnership with Fiat Chrysler
PSA chief says not focused on partnership with Fiat Chrysler
FILE PHOTO: Carlos Tavares, Chief Executive Officer and Chairman of the Managing Board of PSA Group, attends a news conference to announce the company’s 2018 results at their headquarters in Rueil-Malmaison, near Paris, France, February 26, 2019. REUTERS/Christian Hartmann/File Photo CHENNAI (Reuters) – French carmaker PSA Group is not focused on negotiating a new partnership… Continue reading PSA chief says not focused on partnership with Fiat Chrysler