FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid BERLIN (Reuters) – German carmaker Volkswagen and Amazon.com Inc have agreed on a strategic partnership to create a kind of “industry cloud”, for which details will soon be… Continue reading Amazon, Volkswagen agree strategic partnership for “industry cloud” – report
Author: Ritters US Newsfeed
Great Wall, Ford hitch up to burgeoning Chinese demand for pickup trucks
BEIJING (Reuters) – Grey Liu bought his third vehicle four months ago – a Foton pickup truck, lured by its $7,000 price tag and its ability to transport his sports motorcycle to the grasslands of northern China where he likes to ride. A worker closes the back of a Toyota Tundra pickup truck at Pickup… Continue reading Great Wall, Ford hitch up to burgeoning Chinese demand for pickup trucks
South America resists electric vehicles as local fuels remain in favor
SAO BERNARDO DO CAMPO, Brazil (Reuters) – Meeting in Brazil this week, auto executives from Toyota to GM talked up traditional fuel sources like ethanol, natural gas and diesel, underlining how South America’s protected auto market is likely to resist a broader global move toward electric vehicles for years to come. FILE PHOTO: A man… Continue reading South America resists electric vehicles as local fuels remain in favor
Nissan panel to propose bigger role for external directors in Ghosn scandal’s wake
TOKYO (Reuters) – A committee tasked with revamping corporate governance at Nissan Motor Co is expected to recommend on Wednesday a bigger role for external directors in overseeing the Japanese automaker following Carlos Ghosn’s arrest and ouster as chairman. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside the car as he leaves his… Continue reading Nissan panel to propose bigger role for external directors in Ghosn scandal’s wake
Tesla’s Elon Musk, SEC to face off in U.S. court on April 4
NEW YORK (Reuters) – Lawyers for Elon Musk and the U.S. Securities and Exchange Commission will square off in a Manhattan courtroom next week over whether the Tesla Inc chief executive should be held in contempt over one of his tweets. FILE PHOTO: Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in… Continue reading Tesla’s Elon Musk, SEC to face off in U.S. court on April 4
UPDATE 1-Tesla’s Elon Musk, SEC to face off in U.S. court on April 4
NEW YORK (Reuters) – Lawyers for Elon Musk and the U.S. Securities and Exchange Commission will square off in a Manhattan courtroom next week over whether the Tesla Inc chief executive should be held in contempt over one of his tweets. FILE PHOTO: Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in… Continue reading UPDATE 1-Tesla’s Elon Musk, SEC to face off in U.S. court on April 4
Toyota sees slower sales growth in South America, Caribbean in 2019: executive
FILE PHOTO: The Toyota logo is seen on the bonnet of a newly launched Camry Hybrid electric vehicle at a hotel in New Delhi, India, January 18, 2019. REUTERS/Anushree Fadnavis SAO BERNARDO DO CAMPO, Brazil (Reuters) – Toyota Motor Co expects its sales in South America and the Caribbean to rise 0.9 percent in 2019… Continue reading Toyota sees slower sales growth in South America, Caribbean in 2019: executive
VW has no plan to produce electric vehicles in Brazil in next few years
A worker makes final checks on an e-Golf electric car at the new production line of the Transparent Factory of German carmaker Volkswagen in Dresden, Germany March 30, 2017. REUTERS/Fabrizio Bensch SAO PAULO (Reuters) – Volkswagen AG does not plan to produce electric or hybrid vehicles in Brazil in the next few years, although it… Continue reading VW has no plan to produce electric vehicles in Brazil in next few years
UPDATE 2-EU lawmakers back copyright reforms targeting Google, Facebook
STRASBOURG (Reuters) – EU lawmakers have endorsed an overhaul of the bloc’s two-decade old copyright rules, which will force Google and Facebook Inc to pay publishers for use of news snippets and make them filter out protected content. Demonstrators take part in a protest in front of the European Parliament as Members of the European… Continue reading UPDATE 2-EU lawmakers back copyright reforms targeting Google, Facebook
U.S. auto sales seen falling in March: J.D. Power, LMC Automotive
FILE PHOTO: Automobiles for sale are seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam (Reuters) – U.S. auto sales are expected to drop about 2.1 percent in March from a year earlier, partly due to bad weather, mixed economic data and lower tax refunds, according to industry consultants J.D. Power… Continue reading U.S. auto sales seen falling in March: J.D. Power, LMC Automotive