A Ford Transit Chariot van in London, Britain, January 31, 2018. REUTERS/Peter Summers (Reuters) – Ford Motor Co’s (F.N) ride-share service Chariot is ceasing its operations in the United States and the UK by the end of March, Chariot said in a blog post bit.ly/2D3DKjL on Thursday. The move is a setback for Ford, which… Continue reading Ford’s ride-share service Chariot to shut operations by March-end
Author: Ritters US Newsfeed
UPDATE 1-Germany’s Bosch to pay $131 mln to settle U.S. diesel emissions claims
FILE PHOTO: Werner Struth, member of the board of management of Robert Bosch GmbH, watches a video during a Bosch news conference at the 2017 CES in Las Vegas, Nevada, U.S., January 4, 2017. REUTERS/Steve Marcus WASHINGTON (Reuters) – German auto supplier Robert Bosch GmbH [ROBG.UL] will pay around $131 million to settle claims from… Continue reading UPDATE 1-Germany’s Bosch to pay $131 mln to settle U.S. diesel emissions claims
UPDATE 1-Honda to shut UK production for six days due to Brexit logistics
FILE PHOTO: The logos of Honda Motor Co. is pictured at the 45th Tokyo Motor Show in Tokyo, Japan October 25, 2017. REUTERS/Toru Hanai LONDON (Reuters) – Japanese carmaker Honda will shut its British operations for six days in April to help it counter any border disruption from the United Kingdom’s departure from the European… Continue reading UPDATE 1-Honda to shut UK production for six days due to Brexit logistics
UPDATE 1-Fiat Chrysler agrees to U.S. diesel-emissions settlement worth nearly $800 mln
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at its U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV has agreed to pay close to $800 million to settle claims from the U.S. Justice Department and California relating to allegations it used… Continue reading UPDATE 1-Fiat Chrysler agrees to U.S. diesel-emissions settlement worth nearly $800 mln
Jaguar Land Rover clear they regard UK as home -PM May’s spokesman
LONDON, Jan 10 (Reuters) – Jaguar Land Rover (JLR) has made clear they regard Britain as home and are investing in the future, Prime Minister Theresa May’s spokesman said on Thursday. JLR, Britain’s biggest carmaker, is set to announce “substantial” job cuts in the thousands, a source told Reuters, as the company faces double-digit drops… Continue reading Jaguar Land Rover clear they regard UK as home -PM May’s spokesman
Ford Europe to slash thousands of jobs in turnaround plan
FILE PHOTO: The Ford logo is seen at the New York Auto Show in the Manhattan borough of New York City, New York, U.S., March 29, 2018. REUTERS/Shannon Stapleton FRANKFURT (Reuters) – Ford (F.N) on Thursday said it will cut thousands of jobs, exit unprofitable markets and discontinue loss-making vehicle lines as part of a… Continue reading Ford Europe to slash thousands of jobs in turnaround plan
Jaguar Land Rover to make ‘substantial’ job cuts after China, diesel slump- source
Workers set up the booth for British car manufacturer Jaguar Land Rover’s Jaguar brand inside the National Exhibition and Convention Center, the venue for the upcoming China International Import Expo (CIIE), in Shanghai, China October 28, 2018. Picture taken October 28, 2018. China Daily via REUTERS LONDON (Reuters) – Britain’s biggest carmaker Jaguar Land Rover… Continue reading Jaguar Land Rover to make ‘substantial’ job cuts after China, diesel slump- source
Exclusive: VW, China spearhead $300 billion global drive to electrify cars
(Reuters) – Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry’s transition from fossil fuels and shifting power to Asian battery and electric vehicle technology suppliers. Volkswagen logos are pictured during… Continue reading Exclusive: VW, China spearhead $300 billion global drive to electrify cars
Exclusive: VW, Ford to reveal deeper alliance next week – sources
HAMBURG/DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) and Ford Motor Co (F.N) will unveil a deeper alliance next week that goes beyond cooperating in commercial vehicles in a move meant to save the automakers billions of dollars as they develop new technologies, two people familiar with the plan said on Wednesday. FILE PHOTO: A car with… Continue reading Exclusive: VW, Ford to reveal deeper alliance next week – sources
Carmaker Rolls-Royce urges UK’s May to avoid a hard Brexit
LONDON (Reuters) – Carmaker Rolls-Royce called on the British government to avoid a disorderly Brexit and said it was building up some stock, expanding warehouse capacity and training suppliers for customs changes in case Britain leaves the EU without a deal. FILE PHOTO: Rolls-Royce Motor Cars Chief Executive Officer, Torsten Mueller-Oetvoes, gestures as he is… Continue reading Carmaker Rolls-Royce urges UK’s May to avoid a hard Brexit