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DETROIT/SAN FRANCISCO, Feb 3 (Reuters) – Ford Motor Co’s (F.N) disappointing quarterly results underscored that disruptions caused by the global semiconductor shortage are still bedeviling automakers, but some are suffering more than others. Ford said on Thursday it left billions of dollars on the table that were within its control and blamed a 100,000 vehicle… Continue reading Gallery
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
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TOKYO, Feb 3 (Reuters) – Toyota Motor Corp (7203.T) will launch two higher-end luxury vehicles in Japan during the next financial year as it seeks to capture a larger share of the luxury car market, the Nikkei newspaper reported on Friday. The automaker will introduce a luxury sport-utility vehicle, the Toyota Century, in its home… Continue reading Untitled
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WASHINGTON, Feb 3 (Reuters) – The U.S. Treasury Department said Friday it will make more electric vehicles eligible for up to $7,500 tax credits after it revised its vehicle classification definitions. The move is a win for Tesla (TSLA.O), General Motors (GM.N) and other automakers that had pressed the Biden administration to change the vehicle… 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
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WASHINGTON, Feb 3 (Reuters) – Honda Motor Co on Friday issued a “Do Not Drive” warning for 8,200 2001-2003 model year Acura and Honda vehicles with unrepaired Takata air bag inflators in the United States, auto safety regulators said. The National Highway Traffic Safety Administration said owners of those vehicles should not drive them until… Continue reading Gallery
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Feb 3 (Reuters) – A lawyer for Tesla Inc (TSLA.O) shareholders who claim Elon Musk deceived them when he tweeted that he had secured funding to take his electric car company private is expected to make closing arguments to a San Francisco jury on Friday. A jury of nine will decide whether the tweet artificially… Continue reading Untitled
Legalcategory
– Colin Stretch, former general counsel of Facebook, is joining Etsy as the company’s chief legal officer. – Law firm mergers continue. The U.K.’s Clyde & Co came to Boston, merging with a small local firm. Detroit’s Clark Hill expanded in Philadelphia, combining with litigation firm Conrad O’Brien. However, not all stories end with… Continue reading Legalcategory
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BEIJING, Feb 3 (Reuters) – China’s policymakers plan to step up support for domestic demand this year but are likely to stop short of splashing out big on direct consumer subsidies, keeping their focus mainly on investment, three sources close to policy discussions said. In recent weeks, top policymakers have repeatedly signalled their intention to… Continue reading Gallery