TOKYO (Reuters) – Ousted Nissan Motor Co Ltd (7201.T) chairman Carlos Ghosn is set to make his first public appearance in seven weeks at a Tokyo court on Tuesday after he requested an open hearing to hear the reason for his continued detention. Ghosn has been held in a detention center since his Nov. 19… Continue reading Nissan’s Ghosn to make first public appearance in seven weeks in court on Tuesday
Author: Ritters US Newsfeed
CORRECTED-German annual car sales fall 0.2 pct as diesel bans dampen demand
(Corrects figures in headline and first paragraph) FRANKFURT, Jan 4 (Reuters) – German car registrations fell 0.2 percent to 3.44 million last year, with Volkswagen retaining its sales crown despite tougher emissions tests and a diesel clampdown while Tesla sales tumbled by 42.8 percent despite rising demand for electric cars. German carmakers have struggled to… Continue reading CORRECTED-German annual car sales fall 0.2 pct as diesel bans dampen demand
Tesla to start delivering Model 3 to China buyers in March
A 2018 Tesla Model 3 electric vehicle is shown in this photo illustration taken in Cardiff, California, U.S., June 1, 2018. Picture taken June 1, 2018. REUTERS/Mike Blake BEIJING (Reuters) – Tesla Inc (TSLA.O) said on Friday it plans to start delivering Model 3 cars to customers in China in March, cementing a time frame… Continue reading Tesla to start delivering Model 3 to China buyers in March
Reuss, 35-year GM veteran, to succeed Ammann as president
FILE PHOTO: General Motors Executive Vice President Global Product Design Mark Reuss talks about the new 2019 GMC Sierra Denali pickup truck at the Russell Industrial Center in Detroit, Michigan, U.S., March 1, 2018. REUTERS/Rebecca Cook (Reuters) – General Motors Co (GM.N) said on Thursday that Mark Reuss would succeed Dan Ammann as president, effective… Continue reading Reuss, 35-year GM veteran, to succeed Ammann as president
CORRECTED-UPDATE 1-Reuss, 35-year GM veteran, to succeed Ammann as president
FILE PHOTO: General Motors Executive Vice President Global Product Design Mark Reuss talks about the new 2019 GMC Sierra Denali pickup truck at the Russell Industrial Center in Detroit, Michigan, U.S., March 1, 2018. REUTERS/Rebecca Cook (Reuters) – General Motors Co (GM.N) said on Thursday that Mark Reuss would succeed Dan Ammann as president, effective… Continue reading CORRECTED-UPDATE 1-Reuss, 35-year GM veteran, to succeed Ammann as president
Truckmaker Volvo to take $778 million emissions hit
FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer (Reuters) – Sweden’s Volvo is setting aside 7 billion Swedish crowns ($778 million) to cover costs related to its admission in October that its truck and bus engines could be exceeding limits… Continue reading Truckmaker Volvo to take $778 million emissions hit
Major automakers bullish on U.S. market despite rising interest rates
DETROIT (Reuters) – Major automakers on Thursday shrugged off declines in U.S. new vehicle sales in December and said they were bullish about 2019 even as economists warned that rising interest rates will discourage consumers from buying cars in the year ahead. FILE PHOTO: New vehicles sit in a parking lot at the General Motors… Continue reading Major automakers bullish on U.S. market despite rising interest rates
UPDATE 6-Major automakers bullish on U.S. market despite rising interest rates
DETROIT (Reuters) – Major automakers on Thursday shrugged off declines in U.S. new vehicle sales in December and said they were bullish about 2019 even as economists warned that rising interest rates will discourage consumers from buying cars in the year ahead. FILE PHOTO: New vehicles sit in a parking lot at the General Motors… Continue reading UPDATE 6-Major automakers bullish on U.S. market despite rising interest rates
UPDATE 2-UAW sues GM over use of temporary workers at Indiana plant
DETROIT (Reuters) – The United Auto Workers union sued General Motors Co (GM.N) in federal court on Thursday, claiming the automaker’s use of temporary workers at a plant in Indiana violates its labor deal and escalating a fight over GM’s plans to possibly close U.S. factories. FILE PHOTO: Assembled trucks are ready for delivery at… Continue reading UPDATE 2-UAW sues GM over use of temporary workers at Indiana plant
Automakers close out 2018 with drop in U.S. new vehicle sales
DETROIT (Reuters) – Major automakers on Thursday posted a weak finish to 2018 for U.S. new vehicle sales as the industry braced for what is widely expected to be a worse year for sales in 2019. FILE PHOTO: A logo of General Motors is pictured at its plant in Silao, in Guanajuato state, Mexico, November… Continue reading Automakers close out 2018 with drop in U.S. new vehicle sales