LONDON (Reuters) – BP will buy Britain’s largest electric vehicle charging firm Chargemaster and plans to use its technology to roll out ultra-fast chargers across its 1,200 petrol stations in the country over the next 12 months. FILE PHOTO: The logo of BP is on display at a petrol station in Moscow, Russia, July 4,… Continue reading UPDATE 1-BP bets on electric vehicle switch with Chargemaster buy
Author: Ritters US Newsfeed
‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Ghosn
TOKYO (Reuters) – Renault SA (RENA.PA) absorbing Nissan Motor Co. (7201.T) and Mitsubishi Motors Corp (7211.T) is not an option as the carmakers look to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn said on Friday. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, responds to a question on… Continue reading ‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Ghosn
GM to build Chevrolet Blazer in Mexico
(Reuters) – General Motors Co (GM.N) is going ahead with its plan to manufacture the new Chevrolet Blazer SUV in Mexico, a spokesman for the automaker said on Thursday, despite criticism by U.S. President Donald Trump over making vehicles abroad. FILE PHOTO: A logo of General Motors is pictured at its plant in Silao, in… Continue reading GM to build Chevrolet Blazer in Mexico
Aston Martin to open Silverstone test centre
LONDON (Reuters) – Aston Martin will open a test and development centre at Silverstone, the home of British Formula One racing, as the luxury carmaker continues to expand ahead of a possible stock market flotation. FILE PHOTO – F1 – Formula One – British Grand Prix 2017 – Silverstone, Britain – July 16, 2017 Mercedes’… Continue reading Aston Martin to open Silverstone test centre
Toyota captures data goldmine in $1 billion Grab bet
TOKYO/SINGAPORE (Reuters) – By pumping $1 billion into ride-hailing firm Grab, Toyota Motor Corp stands to gain a passenger-side view of tens of thousands of cars across Southeast Asia, tracking how fast they drive, how far they travel and the time they spend stuck in traffic. FILE PHOTO: Commuters walk past a Grab transport booking… Continue reading Toyota captures data goldmine in $1 billion Grab bet
German court says investors can seek redress from Porsche SE in VW case
BERLIN (Reuters) – A German court ruled on Friday that investors pushing for damages over a sharp fall in Volkswagen (VOWG_p.DE) shares after the carmaker disclosed emissions cheating in 2015 can also seek redress from majority shareholder Porsche SE (PSHG_p.DE). FILE PHOTO: A Volkswagen logo is pictured during the Volkswagen Group’s annual general meeting in… Continue reading German court says investors can seek redress from Porsche SE in VW case
Audi CEO crisis threatens fragile truce among VW stakeholders
FRANKFURT (Reuters) – The arrest and detention of Audi’s (NSUG.DE) chief executive forces Volkswagen Group’s (VOWG_p.DE) competing stakeholders to renegotiate the delicate balance of power that has helped keep Rupert Stadler in office. FILE PHOTO: Audi CEO Rupert Stadler speaks during the company’s annual news conference in Ingolstadt, Germany March 15, 2018. REUTERS/Michael Dalder/File Photo… Continue reading Audi CEO crisis threatens fragile truce among VW stakeholders
UPDATE 1-VW, Ford discuss alliance to develop and make transporter vans – sources
FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) and Ford (F.N) are in preliminary talks over a development and production alliance for commercial transporter vans, two sources familiar with the matter said on Tuesday. The Ford logo is seen at the New York Auto Show in the Manhattan borough of New York City, New York, U.S., March 29,… Continue reading UPDATE 1-VW, Ford discuss alliance to develop and make transporter vans – sources
Young at heart? Mercedes cultivates its aging workforce
BERLIN (Reuters) – Too slow, inflexible, forgetful, always off sick. Those are some attitudes about older workers that carmaker Mercedes-Benz is trying to dispel as Germany grapples with the challenges of an aging society. People visit an exhibition about demografic change called ‘Ey Alter’ by carmaker Mercedes Benz in Berlin, Germany June 5, 2018. REUTERS/Axel… Continue reading Young at heart? Mercedes cultivates its aging workforce
CEO Musk emails staff alleging employee ‘sabotage’
SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Monday in an email to staff that an unnamed Tesla employee had conducted “extensive and damaging sabotage” to the company’s operations including allegedly making unspecified code changes to its manufacturing operating system and sending what the email said was sensitive Tesla data… Continue reading CEO Musk emails staff alleging employee ‘sabotage’