Worker George Baker looks at a build card for a vehicle destined for China at the Jaguar Land Rover facility in Solihull, Britain, January 30, 2017. REUTERS/Darren Staples LONDON (Reuters) – Britain’s biggest carmaker Jaguar Land Rover (TAMO.NS) is to reduce the workforce at its plant in Solihull, central England, by about 500 in a… Continue reading Jaguar Land Rover to lay off staff temporarily at UK plant
Author: Ritters US Newsfeed
UPDATE 1-Fiat Chrysler to spend 5 bln euros on new models, engines in Italy
File photo: A Fiat Chrysler assembly worker works on the interior of a partially assembled minivan at the Windsor Assembly Plant in Windsor, Ontario, February 9, 2015. REUTERS/Rebecca Cook TURIN, Italy (Reuters) – Fiat Chrysler pledged on Thursday to spend more than 5 billion euros ($5.7 billion) on new models and engines in Italy over… Continue reading UPDATE 1-Fiat Chrysler to spend 5 bln euros on new models, engines in Italy
UPDATE 2-Ford backs PM May’s Brexit plan to avoid no-deal ‘catastrophe’
LONDON (Reuters) – Carmaker Ford (F.N) backed Prime Minister Theresa May’s Brexit deal on Thursday to avoid a no-deal “catastrophe,” but said she still needed to guarantee long-term frictionless trade, which is key to the future of its plants in Britain. A logo of a Ford car is pictured during a press presentation prior to… Continue reading UPDATE 2-Ford backs PM May’s Brexit plan to avoid no-deal ‘catastrophe’
Fiat Chrysler to spend 5 billion euros on new models, engines in Italy
File photo: A Fiat Chrysler assembly worker works on the interior of a partially assembled minivan at the Windsor Assembly Plant in Windsor, Ontario, February 9, 2015. REUTERS/Rebecca Cook TURIN, Italy (Reuters) – Fiat Chrysler pledged on Thursday to spend more than 5 billion euros ($5.7 billion) on new models and engines in Italy between… Continue reading Fiat Chrysler to spend 5 billion euros on new models, engines in Italy
Volvo Cars has no current plans for stockmarket listing: CEO
STOCKHOLM/LOS ANGELES (Reuters) – Volvo Cars, owned by China’s Geely, has no current plans to go for a stockmarket listing, its chief executive said, more than two months after the Swedish carmaker postponed its flotation blaming trade tensions and an automotive stocks downturn. FILE PHOTO: Hakan Samuelsson, President and Chief Executive Officer of Volvo, smiles… Continue reading Volvo Cars has no current plans for stockmarket listing: CEO
Ford Europe boss says no deal Brexit would be a “catastrophe”
A logo of a Ford car is pictured during a press presentation prior to the Essen Motor Show in Essen November 30, 2012. REUTERS/Ina Fassbender LONDON (Reuters) – U.S. carmaker Ford (F.N), Britain’s biggest automotive engine builder, warned that a no-deal Brexit would be a “catastrophe” and that the agreement between London and Brussels should… Continue reading Ford Europe boss says no deal Brexit would be a “catastrophe”
BMW mulls converting hybrids to electric only mode in polluted cities
FILE PHOTO: Klaus Froehlich member of the board of Management of BMW AG speaks during the first press day of the Paris auto show, in Paris, France, October 2, 2018. REUTERS/Benoit Tessier LOS ANGELES (Reuters) – BMW said it can force its hybrid cars switch to an electric-only mode in heavily polluted inner-city areas, helping… Continue reading BMW mulls converting hybrids to electric only mode in polluted cities
Volkswagen planning new North America factory for electric vehicles
LOS ANGELES (Reuters) – Volkswagen VOWF_p.DE is deciding where to locate a new factory in North America to build electric vehicles for the U.S. market, the German automaker’s new head for the Americas said on Wednesday. FILE PHOTO: Volkswagen logos during the media day of the Salao do Automovel International Auto Show in Sao Paulo,… Continue reading Volkswagen planning new North America factory for electric vehicles
Ford reshuffles U.S. plants to beef up SUV, truck production
DETROIT, Nov 28 (Reuters) – Ford Motor Co said on Wednesday it will reshuffle workers at several of its plants to meet rising demand for pickup trucks and large SUVs, a process that will require finding new positions for 150 workers displaced by the changes but not result in job cuts. The changes also will… Continue reading Ford reshuffles U.S. plants to beef up SUV, truck production
‘Out of control’: Chinese authorities slam ride-hailing giant Didi over safety
BEIJING (Reuters) – Chinese authorities announced a broad crackdown on China’s ride-hailing industry on Wednesday, targeting market-leader Didi Chuxing with fines following the deaths of two passengers in separate incidents earlier this year. FILE PHOTO: The company logo of the Didi ride hailing app is seen on a car door at the IEEV New Energy… Continue reading ‘Out of control’: Chinese authorities slam ride-hailing giant Didi over safety