(Corrects day to Tuesday, not Monday, in first paragraph) SHANGHAI, Jan 9 (Reuters) – Ford Motor Co’s sales in China fell 9 percent in December from a year ago, following an 8 percent decline in November, the U.S. automaker said on Tuesday. Its sales in China for 2017 totalled 1.19 million vehicles, down 6 percent… Continue reading Ford’s December China vehicle sales falls 9 pct
Author: Ritters US Newsfeed
BRIEF-Intel partners with BMW, Nissan, Saic Motor, Volkswagen, Paramount Pictures, Ferrari North America to showcase power of data at CES
Jan 8 (Reuters) – Intel Corp: * INTEL PARTNERS WITH BMW, NISSAN, SAIC MOTOR, VOLKSWAGEN, PARAMOUNT PICTURES, FERRARI NORTH AMERICA TO SHOWCASE POWER OF DATA AT CES Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles.
BRIEF-Baidu USA, Access Services Announce Pilot Project For Autonomous Vehicle Services
Jan 8 (Reuters) – Baidu USA: * BAIDU USA, ACCESS SERVICES ANNOUNCE PILOT PROJECT FOR SHORT ROUTE AUTONOMOUS VEHICLE SERVICES FOR ADA, SENIOR COMMUNITIES IN LOS ANGELES * SAYS EXPECT TO START SHORT ROUTE AUTONOMOUS VEHICLE PILOT SERVICE BY 2018-END Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles.
BRIEF-Baidu, Asia Mobility Industries Announce Strategic JV
Jan 8 (Reuters) – Baidu Inc: * BAIDU, ASIA MOBILITY INDUSTRIES (AMI) ANNOUNCE STRATEGIC JV TO LAUNCH “APOLLO SOUTHEAST ASIA” AUTONOMOUS DRIVING PROGRAM AND INVESTMENT FUND * SAYS $200 MILLION TECHNOLOGY FUND TO BE FOCUSED ON OPPORTUNITIES IN SOUTHEAST ASIA FOR AUTONOMOUS DRIVING & INTELLIGENT TRANSPORTATION Source text for Eikon: Further company coverage: Our Standards:The… Continue reading BRIEF-Baidu, Asia Mobility Industries Announce Strategic JV
Fiat Chrysler boosted by Jeep growth expectations
MILAN (Reuters) – Fiat Chrysler (FCHA.MI)(FCA) shares hit a record high on Monday on growing expectations that the carmaker’s coveted Jeep brand will unlock even greater value this year. The stock jumped more than 20 percent last week on a bullish outlook for the auto sector and media speculation that Chief Executive Sergio Marchionne’s final… Continue reading Fiat Chrysler boosted by Jeep growth expectations
China’s FAW Car buys 10 percent stake in Mobike’s new car-sharing unit
BEIJING (Reuters) – FAW Car Co Ltd (000800.SZ) said on Sunday it was taking a 10 percent stake in Chinese bicycle-sharing startup Mobike’s new car-sharing unit Mobike Chuxing Technology Co. Mobike Chuxing was set up in December with registered capital of 20 million yuan ($3 million). With the strategic investment, FAW will provide electric cars… Continue reading China’s FAW Car buys 10 percent stake in Mobike’s new car-sharing unit