By Reuters Staff 1 Min Read FILE PHOTO: The Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay (Reuters) – U.S. automaker Ford Motor said on Wednesday it would allow about 86,000 non-manufacturing global employees the option to move to a hybrid home-and-office model. The… Continue reading Ford to allow some employees work-from-home flexibility
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Toyota cutting some North America production this week
By Reuters Staff 2 Min Read FILE PHOTO: The Toyota logo is seen on a Corolla model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse WASHINGTON (Reuters) – Toyota Motor Corp said on Wednesday it will cut some production this week at plants in Kentucky, West Virginia and… Continue reading Toyota cutting some North America production this week
Volkswagen brand expects its 2021 electric car deliveries to double
By Bartosz Dabrowski 2 Min Read (Reuters) – Volkswagen expects to double electric vehicle deliveries and increase profits for its core brand this year after the world’s second-largest carmaker stepped up its switch to fully electric vehicles. Slideshow ( 2 images ) The brand will deliver more than 450,000 electric cars this year, the company… Continue reading Volkswagen brand expects its 2021 electric car deliveries to double
BMW says every other car it sells to be fully electric by 2030
By Nick Carey, Riham Alkousaa 3 Min Read (Reuters) – BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving. Slideshow ( 2 images ) In the short term, the German carmaker forecast on Wednesday… Continue reading BMW says every other car it sells to be fully electric by 2030
BMW expects half of its sales to be electric cars by 2030
By Nick Carey, Riham Alkousaa 2 Min Read (Reuters) – BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving. Slideshow ( 2 images ) In the short term, the German carmaker forecast on Wednesday… Continue reading BMW expects half of its sales to be electric cars by 2030
Exclusive: Honda temporarily cutting production at all U.S., Canada plants
By Reuters Staff 1 Min Read FILE PHOTO: Honda’s logo on its Modulo model is pictured at its showroom at its headquarters in Tokyo, Japan, Feb. 19, 2019. REUTERS/Kim Kyung-hoon WASHINGTON (Reuters) – Honda Motor Co said late Tuesday it will temporarily suspend some production next week at all U.S. and Canadian plants citing a… Continue reading Exclusive: Honda temporarily cutting production at all U.S., Canada plants
Retail investors accelerate Volkswagen’s U.S. share spike
By Danilo Masoni, Aaron Saldanha 3 Min Read (Reuters) – U.S. retail investors are buying the American depositary receipts of German automaker Volkswagen AG, some market participants said, accelerating a rally spurred by well-received VW announcements on its efforts to overtake Tesla Inc in the electric vehicles market. FILE PHOTO: A Volkswagen logo is seen… Continue reading Retail investors accelerate Volkswagen’s U.S. share spike
Ford’s Turkish joint venture to produce electric vans from 2023
By Nick Carey 2 Min Read LONDON (Reuters) – Ford Motor Co said on Tuesday that the next version of its Transit van for the European market will go into production in Turkey in 2023 and include fully electric and hybrid variants along with the combustion-engined version. FILE PHOTO: A Ford logo is pictured at… Continue reading Ford’s Turkish joint venture to produce electric vans from 2023
Toyota warns rivals’ gasoline engine phase-out goals must overcome huge challenges
By David Shepardson 2 Min Read FILE PHOTO: The logo of Toyota carmaker is seen on a car in Nice, France, April 8, 2019. REUTERS/Eric Gaillard WASHINGTON (Reuters) – A senior Toyota executive will express skepticism before U.S. senators Tuesday about aspirations by rival automakers to phase out gasoline-powered vehicles, saying those goals must overcome… Continue reading Toyota warns rivals’ gasoline engine phase-out goals must overcome huge challenges
Volkswagen CEO: 100,000 cars lost due to chip shortage
By Reuters Staff 1 Min Read FILE PHOTO: A technical employee works at the production line for the electric Volkswagen model ID. 4, in Zwickau, Germany, September 18, 2020. REUTERS/Matthias Rietschel FRANKFURT (Reuters) – Volkswagen was unable to build 100,000 cars due to an ongoing chip shortage that has hit the automotive sector this year,… Continue reading Volkswagen CEO: 100,000 cars lost due to chip shortage