Ford caps F-150 Lightning orders at 200,000 – CEO Farley

Dec 9 (Reuters) – Ford Motor has stopped taking reservations for the upcoming F-150 Lightning electric pickup, Chief Executive Jim Farley told CNBC host Jim Cramer on Thursday. Farley said F-150 Lightning orders were capped at 200,000: “We had to stop taking reservations because we had so many.” He said Ford originally installed production capacity… Continue reading Ford caps F-150 Lightning orders at 200,000 – CEO Farley

Germany clears Mercedes-Benz’s hands-free drive system

The Mercedes Benz star is seen on the bonnet of a new Mercedes-Benz S-Class limousine at the company’s test center, near Immendingen, Germany October 14, 2020. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to reuters.com Register BERLIN, Dec 9 (Reuters) – Germany’s car watchdog has cleared Mercedes-Benz’s semi-autonomous driving system, paving the way for… Continue reading Germany clears Mercedes-Benz’s hands-free drive system

Robotaxi race opens up as top contender Waymo in low gear in Arizona

CHANDLER, Ariz., Dec 8 (Reuters) – Alphabet Inc’s Waymo (GOOGL.O) risks losing its lead in the U.S. race to prove robotaxis are a viable business as it sticks to a limited service and rivals backed by automakers near their own launches. Companies including Ford Motor Co’s (F.N) Argo AI and General Motors Co’s (GM.N) Cruise… Continue reading Robotaxi race opens up as top contender Waymo in low gear in Arizona

VW Americas CEO sees chip shortage lasting into 2022, but industry protecting margins

Scott Keogh, CEO of Volkswagen of America, speaks during a Volkswagen press conference at the Los Angeles Auto Show in Los Angeles, California, U.S. November 28, 2018. REUTERS/Kyle Grillot/file photo Register now for FREE unlimited access to reuters.com Register DETROIT, Dec 8 (Reuters) – Volkswagen AG’s (VOWG_p.DE) Americas chief sees the global chip shortage lasting… Continue reading VW Americas CEO sees chip shortage lasting into 2022, but industry protecting margins

U.S. auto safety agency presses Tesla on video game feature

A logo of the electric-vehicle maker Tesla is seen near a shopping complex in Beijing, China January 5, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to reuters.com Register WASHINGTON, Dec 8 (Reuters) – Expressing concern about distraction-affected vehicle crashes, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it is discussing… Continue reading U.S. auto safety agency presses Tesla on video game feature

Autos & Transportation · 9:09 AM UTCRenault Zoe goes from hero to zero in European safety agency ratingFrench carmaker Renault on Wednesday received a…

A Renault ZOE electric car is pictured at a dealership in Les Sorinieres, near Nantes, France, October 23, 2020. REUTERS/Stephane Mahe/File Photo Register now for FREE unlimited access to reuters.com Register LONDON, Dec 8 (Reuters) – French carmaker Renault (RENA.PA) on Wednesday received a blow for its popular Zoe electric model, as the European New… Continue reading Autos & Transportation · 9:09 AM UTCRenault Zoe goes from hero to zero in European safety agency ratingFrench carmaker Renault on Wednesday received a…

Autos & TransportationFord to invest $900 mln in Thailand plants4:10 AM UTC

The Ford logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to reuters.com Register BANGKOK, Dec 8 (Reuters) – Ford Motor Co (F.N) said on Wednesday it would invest $900 million to modernise its factories in Thailand that… Continue reading Autos & TransportationFord to invest $900 mln in Thailand plants4:10 AM UTC

Autos & TransportationHyundai to invest $530 million to launch six EVs in India by 20282:44 AM UTC

Visitors take photographs in front of the logo of Hyundai Motor during the 2019 Seoul Motor Show in Goyang, South Korea, March 28, 2019. REUTERS/Kim Hong-Ji/File Photo Register now for FREE unlimited access to reuters.com Register NEW DELHI, Dec 8 (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) said on Wednesday it planned to invest… Continue reading Autos & TransportationHyundai to invest $530 million to launch six EVs in India by 20282:44 AM UTC

Autos & Transportation · 8:13 AM UTCBMW hits one million EV sales, targeting two million by 2025BMW has sold its one millionth electric vehicle (EV) a…

A logo of German luxury carmaker BMW is seen in Munich, Germany, March 20, 2019. REUTERS/Michael Dalder/File Photo Register now for FREE unlimited access to reuters.com Register BERLIN, Dec 7 (Reuters) – BMW (BMWG.DE) has sold its one millionth electric vehicle (EV) and plans to reach two million total EV sales by 2025, the German… Continue reading Autos & Transportation · 8:13 AM UTCBMW hits one million EV sales, targeting two million by 2025BMW has sold its one millionth electric vehicle (EV) a…

Autos & TransportationToyota embracing small flaws as supply chain pressures bite5:05 AM UTC

TOKYO, Dec 7 (Reuters) – Toyota Motor Corp (7203.T) on Tuesday said it is happy to use scratched or blemished parts from suppliers as the world’s biggest car producer tries to trim costs amid a production-curbing global chip shortage and rising material costs. Toyota’s acceptance of good enough by using parts it would have thrown… Continue reading Autos & TransportationToyota embracing small flaws as supply chain pressures bite5:05 AM UTC