Electric cars are parked in Oslo, Norway January 1, 2019. Picture taken January 1, 2019. REUTERS/Alister Doyle OSLO (Reuters) – Almost a third of new cars sold in Norway last year were pure electric, a new world record as the country strives to end sales of fossil-fueled vehicles by 2025. In a bid to cut… Continue reading UPDATE 1-Norway’s electric cars zip to new record: almost a third of all sales
Author: Ritters US Newsfeed
Tesla produced 61,394 Model 3s in fourth quarter
FILE PHOTO – Tesla Model 3s are shown charging in an underground parking lot next to a Tesla store in San Diego,California, U.S., May 30, 2018. REUTERS/Mike Blake (Reuters) – Tesla Inc said on Wednesday it produced 61,394 Model 3s and delivered nearly 1,000 vehicles per day in the fourth quarter. The company also said… Continue reading Tesla produced 61,394 Model 3s in fourth quarter
Almost a third of Norway’s car sales in 2018 electric in new record
Electric cars are parked in Oslo, Norway January 1, 2019. Picture taken January 1, 2019. REUTERS/Alister Doyle OSLO (Reuters) – Almost a third of new cars sold in Norway last year were pure electric, a new world record as the country strives to end sales of fossil-fueled vehicles by 2025, the independent Norwegian Road Federation… Continue reading Almost a third of Norway’s car sales in 2018 electric in new record
Germany in talks with carmakers on upgrading diesel exhausts – spokeswoman
BERLIN, Jan 2 (Reuters) – Talks between the German government and carmakers about updating exhaust emissions filtering systems on older diesel cars to avoid vehicle bans are ongoing, a transport ministry spokeswoman said on Wednesday. The ministry last week released a document setting out guidelines for getting regulatory approval to install upgraded filtering systems, a… Continue reading Germany in talks with carmakers on upgrading diesel exhausts – spokeswoman
Hyundai flags tough 2019 as U.S., China demand stays slow
SEOUL (Reuters) – South Korea’s Hyundai Motor Group flagged another year of tepid car sales growth on the back of a slow 2018, saying trade protectionism added uncertainty and major markets such as the United States and China remained sluggish. Chief Vice Chairman of Hyundai Motor Group Chung Eui-sun delivers his speech during the company’s… Continue reading Hyundai flags tough 2019 as U.S., China demand stays slow
South Korea’s Hyundai Motor, Kia Motors target global sales of 7.6 million for 2019
Employees of Hyundai Motor Group attend the company’s new year ceremony in Seoul, South Korea, January 2, 2019. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) and Kia Motors Corp (000270.KS) said on Wednesday they aim to sell 7.6 million vehicles in 2019, as they battle to recover market share in China… Continue reading South Korea’s Hyundai Motor, Kia Motors target global sales of 7.6 million for 2019
South Korea’s Hyundai target 2019 global sales of 4.7 million vehicles
Employees of Hyundai Motor Group attend the company’s new year ceremony in Seoul, South Korea, January 2, 2019. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) on Wednesday announced their combined 2019 global sales target at 4.68 million vehicles. Hyundai had also set a combined sales goal of 4.68 million vehicles for… Continue reading South Korea’s Hyundai target 2019 global sales of 4.7 million vehicles
China’s Faraday Future ends dispute with main investor
Dec 31 (Reuters) – Chinese electric vehicle developer Faraday Future said on Monday it signed a new restructuring agreement with a unit of its main investor, Evergrande Health Industry Group Ltd, ending a bitter legal fight and clearing the path for raising funds. Season Smart, which agreed to be bought by China’s Evergrande Health, will… Continue reading China’s Faraday Future ends dispute with main investor
Tesla names Larry Ellison, Kathleen Wilson-Thompson to board
FILE PHOTO: A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show in Beijing, China April 25, 2018. REUTERS/Jason Lee/File Photo (Reuters) – Tesla Inc (TSLA.O) on Friday named two independent board directors as part of a September deal with federal regulators to move past the turbulence… Continue reading Tesla names Larry Ellison, Kathleen Wilson-Thompson to board
Nissan to make fewer cars in China in months ahead as demand slows: source
TOKYO (Reuters) – Nissan Motor Co (7201.T) will produce 30,000 fewer vehicles in the coming months in China than what it had planned, a person briefed on the matter told Reuters, as global automakers grapple with falling demand in the world’s biggest car market. Nissan cars are seen at a storage area in Guangzhou, Guangdong… Continue reading Nissan to make fewer cars in China in months ahead as demand slows: source