BERLIN, Jan 20 (Reuters) – Tesla’s (TSLA.O) Berlin factory will elect its first works council on Feb. 28, Germany’s largest union IG Metall said on Thursday, expressing concern that it was too soon for the election to result in a truly representative body. Only one in six of the roughly 12,000 workers expected at the… Continue reading Tesla Berlin factory to elect works council on Feb 28
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Ford records $8.2 bln fourth-quarter gain from Rivian investment
The Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. REUTERS/Wolfgang Rattay/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 18 (Reuters) – Ford Motor Co (F.N) said on Tuesday its fourth-quarter results would include an $8.2 billion gain on its investment in Rivian Automotive Inc (RIVN.O),… Continue reading Ford records $8.2 bln fourth-quarter gain from Rivian investment
Tesla CEO Elon Musk to visit Berlin factory in mid February
Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul/Pool via Reuters Register now for FREE unlimited access to Reuters.com Register BERLIN, Jan 18 (Reuters) – Elon Musk will visit Tesla’s (TSLA.O) factory in Berlin in mid-February, the chief executive tweeted… Continue reading Tesla CEO Elon Musk to visit Berlin factory in mid February
After flying start, Stellantis must tackle Tesla and China
A view shows the logo of Stellantis at the entrance of the company’s factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol Register now for FREE unlimited access to Reuters.com Register Stellantis shares up over 60% in 1st year, beating Tesla Company to unveil business plan on March 1 Investors expect new strategy for China… Continue reading After flying start, Stellantis must tackle Tesla and China
Volkswagen Group China’s component factory in Tianjin resumes some shifts
A Volkswagen logo is pictured during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt BEIJING, Jan 18 (Reuters) – Volkswagen Group’s (VOWG_p.DE) China unit said on Tuesday its component factory in the northern Chinese city of Tianjin had resumed some shifts since Thursday last week. The component factory VW… Continue reading Volkswagen Group China’s component factory in Tianjin resumes some shifts
Renault’s higher-value brands focus pays off in 2021
PARIS, Jan 17 (Reuters) – A solid performance by Renault’s (RENA.PA) higher-value brands helped soften an overall drop in annual worldwide group sales at the French carmaker, as its focus on more profitable models pays off. Renault’s (RENA.PA) worldwide group sales fell for the third year in a row in 2021, due notably to problems… Continue reading Renault’s higher-value brands focus pays off in 2021
Car sharing platform Turo files to go public in U.S.
Jan 10 (Reuters) – Daimler AG-backed (DAIGn.DE) car sharing marketplace Turo Inc on Monday made public its filing for a stock market flotation in the United States and disclosed its finances for the first time, revealing a 207% jump in revenue. The San Francisco-based company confidentially filed for an initial public offering in August last… Continue reading Car sharing platform Turo files to go public in U.S.
Musk says Tesla to accept dogecoin for merchandise
Representation of cryptocurrency Dogecoin is seen in this illustration taken November 29, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 14 (Reuters) – Tesla Inc (TSLA.O) will accept meme-based cryptocurrency dogecoin as payment for its merchandise such as the “Giga Texas” belt buckle and mini models of electric vehicles,… Continue reading Musk says Tesla to accept dogecoin for merchandise
BMW cautious on bringing batteries in-house despite rising sales
A logo of BMW is seen outside a BMW car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020. REUTERS/Yves Herman Register now for FREE unlimited access to Reuters.com Register BERLIN, Jan 13 (Reuters) – BMW won’t scale up its own battery cell production for electric cars until the technology has… Continue reading BMW cautious on bringing batteries in-house despite rising sales
Volkswagen China shuts two plants in Tianjin due to COVID-19 outbreaks
A Volkswagen logo is pictured in a production line at the Volkswagen plant in Wolfsburg, Germany March 1, 2019. REUTERS/Fabian Bimmer/File Photo BEIJING, Jan 13 (Reuters) – Volkswagen Group’s (VOWG_p.DE) China unit said on Thursday it has shut a plant it jointly runs with FAW Group in the city of Tianjin, as well as a… Continue reading Volkswagen China shuts two plants in Tianjin due to COVID-19 outbreaks