BERLIN, Dec 5 (Reuters) – Talks between German auto bosses and U.S. President Donald Trump in Washington focused on the companies’ plans for the United States and were not about trade issues, German car association VDA said on Wednesday. “It is a good sign when there is dialogue in times of conflict,” VDA President Bernhard… Continue reading German auto bosses did not discuss trade issues with Trump – VDA
Author: Ritters US Newsfeed
China’s Didi announces reorganization plan to address safety
FILE PHOTO: A Didi Chuxing driver checks the information on the application in his car in Beijing, China August 28, 2018. REUTERS/Jason Lee SHANGHAI (Reuters) – Chinese ride-hailing firm Didi Chuxing on Wednesday announced a reorganization plan aimed at improving safety on its platform, as it works to address public and government concerns raised after… Continue reading China’s Didi announces reorganization plan to address safety
China’s BAIC sinks on report Daimler may raise stake in joint venture
FILE PHOTO: The logo of Beijing Automotive Group (BAIC) is seen during the Auto China 2016 auto show in Beijing, China, April 29, 2016. REUTERS/Damir Sagolj (Reuters) – BAIC Motor Corp’s (1958.HK) shares slumped 13.5 percent on Wednesday after Bloomberg reported that Germany’s Daimler AG (DAIGn.DE) is considering increasing its stake in its joint venture… Continue reading China’s BAIC sinks on report Daimler may raise stake in joint venture
UPDATE 1-Volkswagen says it may use Ford’s U.S. manufacturing capacity
Volkswagen AG CEO Herbert Diess and chief lobbyist Thomas Steg face reporters as they arrive for a meeting between senior Trump administration officials and top executives of Daimler AG and Volkswagen and at the White House in Washington, U.S., December 4, 2018. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – Volkswagen’s (VOWG_p.DE) chief executive said on Tuesday after… Continue reading UPDATE 1-Volkswagen says it may use Ford’s U.S. manufacturing capacity
UPDATE 2-Nissan delays decision on Ghosn successor
TOKYO (Reuters) – Nissan Motor Co (7201.T) failed on Tuesday to nominate a successor to Carlos Ghosn as chairman in the wake of his arrest and dismissal for alleged financial misconduct last month, a source familiar with the situation said. FILE PHOTO – Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow… Continue reading UPDATE 2-Nissan delays decision on Ghosn successor
Nissan delays decision on Ghosn successor
TOKYO (Reuters) – Nissan Motor Co (7201.T) failed on Tuesday to nominate a successor to Carlos Ghosn as chairman of the carmaker in the wake of his arrest and dismissal for alleged financial misconduct last month, Kyodo News said. FILE PHOTO – Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow In… Continue reading Nissan delays decision on Ghosn successor
Daimler raises prospect of boosting stake in Chinese partner: Bloomberg
The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke (Reuters) – Germany’s Daimler AG (DAIGn.DE) has raised the prospect of increasing its stake in a joint venture with Chinese partner BAIC Motor Corp (1958.HK), Bloomberg reported on Tuesday, citing people familiar with the matter. Daimler… Continue reading Daimler raises prospect of boosting stake in Chinese partner: Bloomberg
Tesla changes plans to start Model Y production – Business Insider
FILE PHOTO: A Tesla car is seen in Santa Monica, California, United States, October 23, 2018. REUTERS/Lucy Nicholson (Reuters) – Tesla Inc had plans to build its pilot small electric SUV Model Y at Gigafactory 1 by June 1, 2020, the Business Insider reported on Monday, citing leaked internal documents, but said the company changed… Continue reading Tesla changes plans to start Model Y production – Business Insider
France’s Macron urges Renault-Nissan stability in talks with Japan’s Abe
PARIS, Nov 30 (Reuters) – French President Emmanuel Macron met Japanese Prime Minister Shinzo Abe and stressed that the Renault-Nissan alliance should be preserved, following Chairman Carlos Ghosn’s arrest in Tokyo, an Elysee official said on Friday. During a bilateral meeting on the sidelines of a G20 gathering of global leaders in Argentina, Abe told… Continue reading France’s Macron urges Renault-Nissan stability in talks with Japan’s Abe
UPDATE 2-Fiat Chrysler to spend 5 bln euros in Italy to fill plants, keep jobs
TURIN, Italy (Reuters) – Fiat Chrysler plans to spend more than 5 billion euros ($5.7 billion) on new models and engines in Italy over the next three years to try to make better use of factories and boost jobs and margins. File photo: A Fiat Chrysler assembly worker works on the interior of a partially… Continue reading UPDATE 2-Fiat Chrysler to spend 5 bln euros in Italy to fill plants, keep jobs