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Author: Detroit News Online
Freezing Porsche Taycan drivers report failing heaters
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Honda boosts profit despite chips crunch, COVID
Tokyo — Honda reported a 27% jump in its October-December profit, despite headwinds like shortages of computer chips and rising costs of raw materials. Tokyo-based Honda Motor Co.’s profit in the last quarter totaled 244.6 billion yen ($1.9 billion), up from 192.9 billion yen the year before. Quarterly sales rose 20% to 4.4 trillion yen… Continue reading Honda boosts profit despite chips crunch, COVID
Ford closes in on Marshall site for battery plant that Virginia rejected
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Ford closes in on Marshall site for battery plant that Virginia rejected
Tesla semi skepticism lingers months after Musk’s first delivery
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Tesla semi skepticism lingers months after Musk’s first delivery
Tesla co-founder’s EV battery company gets $2 Billion Federal Loan
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Tesla co-founder’s EV battery company gets $2 Billion Federal Loan
Nissan reports profit jump as chip crunch eases
Tokyo — Nissan reported a 55% jump in its October-December profit Thursday, as the Japanese automaker gears up for a less bumpy journey with its French alliance partner Renault. Profit for the quarter at Yokohama-based Nissan Motor Co. totaled 50.6 billion yen ($386 million), up from 32.7 billion yen in the previous year. Quarterly sales… Continue reading Nissan reports profit jump as chip crunch eases
Toyota keeps conservative profit view as CEO transition looms
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As Ford returns to F1, carmaker hosts Red Bull driver Daniel Ricciardo
Dearborn — Formula 1 driver Daniel Ricciardo has been on one of the world’s most prestigious and popular motorsports stages many times, but on Wednesday he was just excited to get behind the wheel. “I’m just excited to drive something,” joked Ricciardo, speaking in front of an audience of Ford Motor Co. employees. “I haven’t… Continue reading As Ford returns to F1, carmaker hosts Red Bull driver Daniel Ricciardo
Honda gets $237 million more from Ohio for battery plant project
Columbus, Ohio — Ohio’s privatized economic development office has finalized an agreement with Honda to infuse an additional $237 million into development of a massive battery plant project that the Japanese automaker plans to use to transform the state into its North American electric vehicle hub. JobsOhio posted details of the package of three grants on Wednesday.… Continue reading Honda gets $237 million more from Ohio for battery plant project