Nissan President and Chief Executive Officer Hiroto Saikawa attends a news conference at its global headquarters building in Yokohama, Japan, December 17, 2018. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Nissan Motor Co (7201.T) on Thursday said CEO Hiroto Saikawa had held a one-on-one meeting with the acting boss of its automaking partner Renault SA (RENA.PA) during… Continue reading Nissan says CEO had one-on-one meeting with Renault’s acting boss
Author: Ritters US Newsfeed
Daimler told regulators about coolant-related recall: kfz-betrieb
The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke FRANKFURT (Reuters) – Daimler (DAIGn.DE) told European regulators late last month that it will have to recall 127,847 Mercedes vehicles to replace the R134a coolant, trade publication kfz-betrieb reported on Wednesday, not citing the source of… Continue reading Daimler told regulators about coolant-related recall: kfz-betrieb
Chinese bike-sharing startup Ofo considering bankruptcy -FT
Ofo bike-sharing bicycles are pictured in Singapore August 29, 2017. REUTERS/Edgar Su (Reuters) – Chinese bike-sharing startup Ofo, backed by Alibaba Group Holding Ltd (BABA.N), has “immense” cash flow problems and has considered applying for bankruptcy, the Financial Times reported on Wednesday. Cash flow problems for the company have become acute, the FT reported, citing… Continue reading Chinese bike-sharing startup Ofo considering bankruptcy -FT
Exclusive: Renault-Nissan finances draw scrutiny in Ghosn scandal – documents
PARIS/TOKYO (Reuters) – Renault-Nissan (RENA.PA)(7201.T) executives including the French carmaker’s general secretary Mouna Sepehri worked on an abortive 2010 plan to pay out Chairman Carlos Ghosn’s deferred Nissan compensation through the companies’ shared Dutch holding, according to documents seen by Reuters. FILE PHOTO: Carlos Ghosn attends the Paris Auto Show, in Paris, France, October 1,… Continue reading Exclusive: Renault-Nissan finances draw scrutiny in Ghosn scandal – documents
Nissan’s Saikawa did not meet one-on-one with Renault’s Bollore – source
YOKOHAMA, Dec 19 (Reuters) – Nissan Motor Co CEO Hiroto Saikawa did not meet one-on-one with Thierry Bollore, the deputy CEO of Renault SA, during a meeting in Amsterdam, a source familiar with the matter said. Saikawa has already returned to Japan, a source familiar with the matter said. The two companies held talks as… Continue reading Nissan’s Saikawa did not meet one-on-one with Renault’s Bollore – source
UPDATE 1-Elon Musk unveils his first Los Angeles-area tunnel
LOS ANGELES (Reuters) – Billionaire entrepreneur Elon Musk made a brief public appearance late on Tuesday to unveil the first tunnel completed by the underground transit venture he launched two years ago as an ambitious remedy to Los Angeles’ infamously heavy traffic. Tesla Inc. founder Elon Musk speaks at the unveiling event by “The Boring… Continue reading UPDATE 1-Elon Musk unveils his first Los Angeles-area tunnel
German auto supplier to plead guilty, pay $35 million fine in VW emissions case
Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker WASHINGTON (Reuters) – German auto supplier IAV Gmbh agreed to plead guilty and pay a $35 million fine for conspiring to assist Volkswagen AG (VOWG_p.DE) in its effort to evade… Continue reading German auto supplier to plead guilty, pay $35 million fine in VW emissions case
GM cutting 50 jobs at U.S. battery plant tied to Chevy Volt
FILE PHOTO: The GM logo is seen at the General Motors Warren Transmission Operations Plant in Warren, Michigan October 26, 2015. REUTERS/Rebecca Cook/File Photo WASHINGTON (Reuters) – General Motors Co (GM.N) said on Tuesday it plans to cut 50 jobs at a suburban Detroit lithium-ion battery assembly plant after the largest U.S. automaker announced last… Continue reading GM cutting 50 jobs at U.S. battery plant tied to Chevy Volt
Volkswagen may have to step up electric car plans to meet EU CO2 targets
BERLIN/FRANKFURT/MUNICH (Reuters) – Volkswagen (VOWG_p.DE) may have to step up its plans for mass production of electric vehicles in order to meet tougher-than-expected European targets to cut greenhouse emissions from cars, its chief executive said on Tuesday. FILE PHOTO: A car with the Volkswagen VW logo badge is seen on display at the North American… Continue reading Volkswagen may have to step up electric car plans to meet EU CO2 targets
UPDATE 2-VW may have to step up electric car plans to meet EU CO2 targets
BERLIN/FRANKFURT/MUNICH (Reuters) – Volkswagen (VOWG_p.DE) may have to step up its plans for mass production of electric vehicles in order to meet tougher-than-expected European targets to cut greenhouse emissions from cars, its chief executive said on Tuesday. FILE PHOTO: A car with the Volkswagen VW logo badge is seen on display at the North American… Continue reading UPDATE 2-VW may have to step up electric car plans to meet EU CO2 targets