UPDATE 1-Tesla to cut production hours for Model S and X

FILE PHOTO – A Tesla Model X is photographed alongside a Model S at a Tesla electric car dealership in Sydney, Australia, May 31, 2017. REUTERS/Jason Reed (Reuters) – Tesla Inc said on Wednesday it is reducing production hours for its higher priced electric cars Model S and Model X to improve efficiencies, just days… Continue reading UPDATE 1-Tesla to cut production hours for Model S and X

Tesla to cut production hours for Model S and X

FILE PHOTO – A Tesla Model X is photographed alongside a Model S at a Tesla electric car dealership in Sydney, Australia, May 31, 2017. REUTERS/Jason Reed (Reuters) – Tesla Inc (TSLA.O) is reducing production hours for its higher priced electric cars Model S and Model X to improve efficiencies, a Tesla spokesperson said on… Continue reading Tesla to cut production hours for Model S and X

UPDATE 1-As Google races ahead, German carmakers look to go faster on autonomous driving

FRANKFURT (Reuters) – Germany’s top carmakers including BMW and Volkswagen are looking at ways to speed up development of the next generation of self-driving cars, possibly by even working together, as tech giant Google forges ahead with plans to mass produce such vehicles. FILE PHOTO: Three of the fleet of 600 Waymo Chrysler Pacifica Hybrid… Continue reading UPDATE 1-As Google races ahead, German carmakers look to go faster on autonomous driving

German carmakers, suppliers eye autonomous driving alliance – magazine

FILE PHOTO: The Mercedes-Benz logo is seen on the second press day of the Paris auto show, in Paris, France, October 3, 2018. REUTERS/Benoit Tessier/File Photo BERLIN (Reuters) – German carmakers Daimler, BMW and Volkswagen (VOWG_p.DE), and some of their major suppliers are in talks about developing a joint system for autonomous driving, manager magazine… Continue reading German carmakers, suppliers eye autonomous driving alliance – magazine

Volvo recalls over 200,000 cars to fix fuel leak issue

STOCKHOLM (Reuters) – Volvo Cars, which is owned by China’s Zhejiang Geely Holding Group [GEELY.UL], is voluntarily recalling about 200,000 cars after it found an engineering issue that could potentially cause fuel leakage in the engine compartment over time. FILE PHOTO: A Volvo logo is seen during an interview with CEO Hakan Samuelsson at the… Continue reading Volvo recalls over 200,000 cars to fix fuel leak issue

UPDATE 4-Subaru halts bulk of global car output over part defect

TOKYO (Reuters) – Subaru Corp (7270.T) said its sole car factory in Japan, accounting for roughly 60 percent of global production, could be out of action for almost two weeks after it discovered a suspected defect in a power-steering component. FILE PHOTO – The Subaru logo is displayed at the North American International Auto Show… Continue reading UPDATE 4-Subaru halts bulk of global car output over part defect

Subaru says Japan car output halted due to defective part

FILE PHOTO – The Subaru logo is displayed at the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Brendan McDermid TOKYO (Reuters) – Subaru Corp said its sole car factory in Japan accounting for roughly 60 percent of global production had halted output a week ago after it discovered a defect… Continue reading Subaru says Japan car output halted due to defective part

BMW and Daimler to name ride-hailing venture “Jurbey” – source

The Daimler is seen during a press conference on the second press day of the Paris auto show, in Paris, France, October 3, 2018. REUTERS/Regis Duvignau FRANKFURT (Reuters) – German companies BMW and Daimler will name their combined ride-hailing and car-sharing firm “Jurbey”, a source familiar with the matter said on Tuesday. Daimler and BMW… Continue reading BMW and Daimler to name ride-hailing venture “Jurbey” – source

Johnson Controls CEO sees slowdown in China hurting its auto business

The logo and trading symbol for Johnson Controls International is displayed on a board on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 16, 2018. REUTERS/Brendan McDermid (Reuters) – The chief executive officer of Johnson Controls International Plc (JCI.N) said on Tuesday that he was seeing a slowdown in… Continue reading Johnson Controls CEO sees slowdown in China hurting its auto business

Exclusive: Worst-case no-deal Brexit puts Bentley’s return to profit at ‘fundamental risk’

CREWE, England (Reuters) – Loss-making carmaker Bentley is on track to be profitable this year but a worst-case no-deal Brexit puts that at “fundamental risk”, its boss told Reuters, adding that the chance of Britain leaving the EU on March 29 with a deal now seemed “fairly low.” The Bentley name is seen inside a… Continue reading Exclusive: Worst-case no-deal Brexit puts Bentley’s return to profit at ‘fundamental risk’