STUTTGART (Reuters) – Sport car maker Porsche will name its first all-electric car model the Taycan, it said on Friday, a year before it plans to launch serial production of a vehicle that will compete with Tesla’s (TSLA.O) Model S. FILE PHOTO: The Porsche logo outside a Porsche showroom in Berlin, Germany, July 28, 2017.… Continue reading Porsche to name all-electric model Taycan
Author: Ritters US Newsfeed
VW says 250,000 cars could be delayed by new testing rules
BERLIN (Reuters) – Volkswagen (VOWG_p.DE) said production of up to 250,000 cars from its group brands in the second half will be delayed because of effects from new mandatory lab tests for emissions and fuel economy. FILE PHOTO: Volkswagen sign is seen during the annual earnings news conference of VW in Berlin in Berlin, Germany,… Continue reading VW says 250,000 cars could be delayed by new testing rules
RPT-UPDATE 2-Ontario businesses seek clarity from populist leader Ford
(Repeats to fix formatting, no change to headline or text) By Allison Martell TORONTO, June 8 (Reuters) – Business leaders in the Canadian province of Ontario will closely watch new premier-elect Doug Ford for signs the populist conservative can deliver on his pledge to boost economic growth and lower the cost of operating in the… Continue reading RPT-UPDATE 2-Ontario businesses seek clarity from populist leader Ford
Kia recalls 507000 vehicles in US for air bag issues
WASHINGTON (Reuters) – Kia Motors Corp said on Friday it was recalling more than 507,000 vehicles in the United States because an electronic glitch may prevent air bags from deploying in a crash. FILE PHOTO: The logo of Kia Motors is seen at the manufacturing plant in Pesqueria, on the outskirts of Monterrey, Mexico, April… Continue reading Kia recalls 507000 vehicles in US for air bag issues
British automotive company Cosworth eyes New York IPO in 2019
NEW YORK, June 7 (Reuters) – Cosworth, the British automotive engineering company famous for the engines it once made for Formula One racing teams, plans an initial public offering (IPO) in New York as early as next year, Chairman Kevin Kalkhoven said on Thursday. Cosworth has broadened its focus in recent years from manufacturing engines… Continue reading British automotive company Cosworth eyes New York IPO in 2019
UPDATE 3-Fatal Tesla Autopilot crash driver had hands off wheel – U.S. agency
WASHINGTON (Reuters) – The driver of a Tesla Inc Model X car using Autopilot did not have his hands on the steering wheel in the six seconds before a fatal crash in California in March, the U.S. National Transportation Safety Board said Thursday. The logo on a 2018 Tesla Model 3 electric vehicle is shown… Continue reading UPDATE 3-Fatal Tesla Autopilot crash driver had hands off wheel – U.S. agency
UPDATE 1-GM to sell new electric car batteries to Honda in North America
(Reuters) – General Motors Co will supply advanced batteries to Japan’s Honda Motor Co, the companies said Thursday, a move that could significantly reduce the cost of future electric vehicles at both automakers after 2020. FILE PHOTO – The GM logo is seen at the General Motors headquarters in Sao Caetano do Sul, Brazil March… Continue reading UPDATE 1-GM to sell new electric car batteries to Honda in North America
Alphabet’s Waymo hopes to bring robo-taxi service to Europe
TURIN, Italy (Reuters) – Alphabet Inc’s self-driving unit Waymo wants to bring its robo-taxi service to Europe after it launches in the United States later this year. FILE PHOTO: John Krafcik CEO of Waymo is pictured during the unveiling of a driverless car in New York City, the United States, March 27, 2018. REUTERS/Brendan McDermid/File… Continue reading Alphabet’s Waymo hopes to bring robo-taxi service to Europe
GM to sell new electric car batteries to Honda in North America
(Reuters) – General Motors Co will supply advanced batteries to Japan’s Honda Motor Co, the companies said Thursday, a move that could significantly reduce the cost of future electric vehicles at both automakers after 2020. FILE PHOTO – The GM logo is seen at the General Motors headquarters in Sao Caetano do Sul, Brazil March… Continue reading GM to sell new electric car batteries to Honda in North America
UPDATE 1-BorgWarner CEO James Verrier to step down
(Reuters) – Auto parts maker BorgWarner Inc (BWA.N) said on Thursday Chief Executive Officer James Verrier will step down and serve in a non-executive advisory role until he retires in February next year. The company said its Chief Operating Officer Frederic Lissalde would replace Verrier, effective Aug. 1. Verrier, who took the helm about five… Continue reading UPDATE 1-BorgWarner CEO James Verrier to step down