Mercedes-Benz eyes more direct sales amid earnings pressure, article with video

Summary Companies Mercedes-Benz forecasts lower earnings in 2023 Demand sluggish in Europe, slow recovery in China Patience needed for Chinese EV market to grow – CEO 2022 earnings saw 28% boost mostly from net price increases STUTTGART, Feb 17 (Reuters) – Mercedes-Benz Group (MBGn.DE) on Friday warned of lower earnings this year amid economic uncertainty,… Continue reading Mercedes-Benz eyes more direct sales amid earnings pressure, article with video

Sustainable & EV Supply Chaincategory

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Regulatory & Policycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Russians switch to used cars as sanctions pummel auto sector, article with gallery

Summary Companies Spending on new cars in Russia plunged 52% in 2022 -Autostat Used cars accounted for almost 75% of all sold in 2022 New car sales down on lower production, higher prices This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Feb 17 (Reuters) –… Continue reading Russians switch to used cars as sanctions pummel auto sector, article with gallery

Retailcategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Untitled

WASHINGTON, Feb 17 (Reuters) – The Federal Aviation Administration (FAA) on Friday proposed a $175,000 civil penalty against SpaceX for failing to submit launch collision analysis trajectory data to the agency prior to the August 2022, launch of the Starlink Group 4-27 mission. The FAA said SpaceX was required to submit the data directly to… Continue reading Untitled

Technologycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Gallery

Summary Companies Court to hear arguments on Tuesday in Section 230 case Internet firms protected from liability for user content Slain woman’s family appeals ruling in YouTube dispute WASHINGTON, Feb 17 (Reuters) – In 2021, a California state court threw out a feminist blogger’s lawsuit accusing Twitter Inc (TWTR.MX) of unlawfully barring as “hateful conduct”… Continue reading Gallery

Legalcategory

–  The New York state court system has withdrawn a COVID vaccine mandate for judges and employees, per a new filing in a lawsuit by a judge who claims he should have been granted a religious exemption. –  Another U.S. law firm is expanding into the Mountain West region. Cozen O’Connor announced a new Boulder,… Continue reading Legalcategory

AutoNation overtakes profit estimates as new-vehicle demand improves, article with image

Feb 17 (Reuters) – Top U.S. auto retailer AutoNation Inc (AN.N) reported a better-than-expected quarterly profit on Friday, sending its shares up 9%, as demand for new vehicles, spare parts and services offset a poor performance in the used-vehicle segment. The automotive industry is starting to show signs of a gradual recovery from a global… Continue reading AutoNation overtakes profit estimates as new-vehicle demand improves, article with image