DEARBORN, Mich. (Reuters) – As the Trump administration negotiates new trade pacts with Canada, China and other countries, Ford Motor Co (F.N) Executive Chairman Bill Ford said on Thursday the automaker wants deals that allow it to plan and invest with “certainty.” FILE PHOTO: Newly assembled Ford 2018 F1-50 pick-up trucks are loaded on to… Continue reading Ford wants ‘certainty’ in any U.S. trade deals -chairman
Author: Ritters US Newsfeed
UPDATE 1-VW will support retrofitting of older diesel cars in Germany – source
HAMBURG (Reuters) – Volkswagen (VOWG_p.DE) is prepared to support hardware retrofits for older diesel vehicles and offer incentives for drivers to swap some older diesel vehicles for newer ones, a person familiar with the matter said on Friday. FILE PHOTO: A car with the Volkswagen VW logo badge is seen on display at the North… Continue reading UPDATE 1-VW will support retrofitting of older diesel cars in Germany – source
UPDATE 2-TomTom plans fleet-management sale to focus on maps battle with Google
AMSTERDAM (Reuters) – TomTom is considering selling its fleet-management business to concentrate on competing head-to-head with Google in car navigation software, it said on Thursday. TomTom navigation are seen in front of TomTom displayed logo in this illustration taken July 28, 2017. REUTERS/Dado Ruvic Shares in the Dutch company jumped by 17 percent to 7.25… Continue reading UPDATE 2-TomTom plans fleet-management sale to focus on maps battle with Google
Uber to pay $148 million to settle data breach cover-up with U.S. states
SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] will pay $148 million for failing to disclose a massive data breach in 2016, marking a costly resolution to one of the biggest embarrassments and legal tangles the ride-hailing company has suffered. The Uber application is seen on a mobile phone in London, Britain, September 14, 2018.… Continue reading Uber to pay $148 million to settle data breach cover-up with U.S. states
UPDATE 2-Merkel to hold diesel talks as allies demand hardware fix
BERLIN/FRANKFURT (Reuters) – German Chancellor Angela Merkel will hold a high-level meeting on Sunday to discuss whether to require the car industry to carry out costly hardware upgrades for older diesel vehicles to reduce inner-city pollution, government sources said. FILE PHOTO: Traffic signs which ban diesel cars are installed by workers at the Max-Brauer Allee… Continue reading UPDATE 2-Merkel to hold diesel talks as allies demand hardware fix
Merkel backs hardware refits on older diesels to avert bans – Spiegel
BERLIN/FRANKFURT (Reuters) – German Chancellor Angela Merkel has backed a proposal to require hardware retrofits of older diesel vehicles’ exhaust systems to reduce pollution, Spiegel magazine reported, as a deadline for a government decision nears. FILE PHOTO: Traffic signs which ban diesel cars are installed by workers at the Max-Brauer Allee in downtown Hamburg, Germany… Continue reading Merkel backs hardware refits on older diesels to avert bans – Spiegel
French minister optimistic over buyer for Ford Blanquefort plant
BORDEAUX, France (Reuters) – French Economy minister Bruno Le Maire said on Friday that talks with Belgian transmissions supplier Punch Powerglide over the purchase of Ford’s (F.N) Blanquefort gearbox plant in southwestern France should be concluded next month. FILE PHOTO: A Ford logo is pictured at a store of the automaker, in Mexico City, Mexico,… Continue reading French minister optimistic over buyer for Ford Blanquefort plant
Volkswagen pulls out of Iran, according to U.S. official: Bloomberg
(Reuters) – Volkswagen AG (VOWG_p.DE) will end almost of all its operations in Iran, Bloomberg reported on Wednesday, citing a U.S. official who led the discussions with the carmaker. FILE PHOTO: A car with the Volkswagen VW logo badge is seen on display at the North American International Auto Show in Detroit, Michigan, U.S., January… Continue reading Volkswagen pulls out of Iran, according to U.S. official: Bloomberg
Hyundai signs deal to sell 1,000 hydrogen-powered trucks in Switzerland
SEOUL (Reuters) – Hyundai Motor said on Wednesday it will sell 1,000 hydrogen-powered trucks in Switzerland over the next five years through a new tie-up, betting the vehicles could beat battery-powered models sold by the likes of Tesla Inc. FILE PHOTO: A car dealer stands in front of the logo of Hyundai Motor at its… Continue reading Hyundai signs deal to sell 1,000 hydrogen-powered trucks in Switzerland
UPDATE 1-TomTom says Google deal with carmakers could hit its orders -ANP
AMSTERDAM (Reuters) – Digital mapping company TomTom will probably lose some business in future as a result of Google’s deal with carmakers Renault, Nissan and Mitsubishi, TomTom’s finance chief said on Wednesday. FILE PHOTO: TomTom navigation are seen in front of TomTom displayed logo in this illustration taken July 28, 2017. REUTERS/Dado Ruvic/File Photo Carmakers… Continue reading UPDATE 1-TomTom says Google deal with carmakers could hit its orders -ANP