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 MEXICO CITY, Oct 7 (Reuters) – U.S. automaker Ford will temporarily suspend production from Oct. 11-12 at its Hermosillo plant inMexico because of a shortage of material, the plant’s labor union said on… Continue reading Autos & TransportationFord to suspend production for two days at Mexico plant on material shortage -unionOctober 7, 2021
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Tesla’s gigafactory electrifies California-Germany culture clash
By Victoria Waldersee 6 Min Read BERLIN (Reuters) – With final approval for its German factory potentially just weeks away, Tesla’s Elon Musk will make an appearance in the tiny town of Gruenheide this Saturday to host a county fair. FILE PHOTO: Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s… Continue reading Tesla’s gigafactory electrifies California-Germany culture clash
Autos & Transportation · 5:12 AM UTCSweden’s AB Volvo wins its largest electric truck order so farVolvo Trucks has received an order for 100 electric …
A Volvo logo is seen on a rim displayed at a Volvo showroom in Mexico City, Mexico April 6, 2018. REUTERS/Gustavo Graf STOCKHOLM, Oct 6 (Reuters) – Volvo Trucks has received an order for 100 electric trucks from shipping firm DFDS (DFDS.CO), its biggest commercial electric truck order to date, the Swedish truck maker said… Continue reading Autos & Transportation · 5:12 AM UTCSweden’s AB Volvo wins its largest electric truck order so farVolvo Trucks has received an order for 100 electric …
Tesla faces investor test after big jury award over racism
SAN FRANCISCO/BOSTON, Oct 6 (Reuters) – A contract worker has won a $137 million jury award over workplace racism against Tesla Inc (TSLA.O), raising pressure on the electric vehicle maker whose shareholders will vote on Thursday on a proposal to review how it addresses similar complaints for full-time employees. The nonbinding shareholder resolution asks Tesla’s… Continue reading Tesla faces investor test after big jury award over racism
TechnologyFactbox: Electric-vehicle batteries: major players and their expansion plans10:18 AM UTC
The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/Files SEOUL, Oct 5 (Reuters) – The global auto industry’s shift to electric vehicles (EVs) has spurred an expansion race among battery makers, and caused a growing a skills shortage. See main story: read more… Continue reading TechnologyFactbox: Electric-vehicle batteries: major players and their expansion plans10:18 AM UTC
Daimler Trucks producing far less than it could sell due to chip shortage, CEO says
By Reuters Staff 1 Min Read FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke BERLIN (Reuters) – Daimler Trucks CEO Martin Daum said the truckmaker, set to spin-off from Daimler in December, will undoubtedly sell less than it could in the coming… Continue reading Daimler Trucks producing far less than it could sell due to chip shortage, CEO says
TechnologyTesla ordered to pay over $130 mln to Black former worker over racism -WSJ5:41 AM UTC
The TESLA logo is seen outside a dealership in the Brooklyn borough of New York City, U.S., April 26, 2021. REUTERS/Shannon Stapleton Oct 4 (Reuters) – A federal jury on Monday has ordered Tesla Inc (TSLA.O) to pay more than $130 million in damages to a Black former worker, finding he was subjected to a… Continue reading TechnologyTesla ordered to pay over $130 mln to Black former worker over racism -WSJ5:41 AM UTC
Investors argue Musk should repay $9.4 billion to Tesla for SolarCity deal
Tesla CEO Elon Musk reacts to onlookers as he departs after taking the stand to defend Tesla Inc’s 2016 deal for SolarCity in a case before the Delaware Court of Chancery in Wilmington, Delaware, U.S. July 12, 2021. REUTERS/Jonathan Ernst WILMINGTON, Del., Oct 4 (Reuters) – A Delaware judge should order Elon Musk to repay… Continue reading Investors argue Musk should repay $9.4 billion to Tesla for SolarCity deal
Autos & Transportation · 3:59 PM UTCGM, Ford to settle suit over use of ‘BlueCruise’ name for hands-free drivingGeneral Motors Co and Ford Motor Co ha…
WASHINGTON, Oct 4 (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) have agreed to settle a legal battle over the latter’s use of the name “BlueCruise” to market its hands-free driving technology. In a notice filed in court late on Friday, the two automakers said they are in the “process of settling… Continue reading Autos & Transportation · 3:59 PM UTCGM, Ford to settle suit over use of ‘BlueCruise’ name for hands-free drivingGeneral Motors Co and Ford Motor Co ha…
Autos & TransportationGeely’s Volvo Cars aims to raise $2.9 bln in IPO12:36 PM UTC
A building of the Geely Auto Research Institute is seen in Ningbo, Zhejiang province, China August 4, 2017. REUTERS/Aly Song STOCKHOLM/LONDON, Oct 4 (Reuters) – Geely-owned Volvo Cars plans to raise 25 billion Swedish crowns ($2.9 billion) through an initial public offering (IPO), the Swedish carmaker said on Monday of what would be one of… Continue reading Autos & TransportationGeely’s Volvo Cars aims to raise $2.9 bln in IPO12:36 PM UTC