GM, Toyota employees to keep masks on in Texas even as state lifts mandate

By Reuters Staff 2 Min Read Slideshow ( 2 images ) (Reuters) – General Motors and Toyota Motor employees in Texas will keep face masks on at work, the automakers said on Tuesday, even as the U.S. state lifted most of its coronavirus-related restrictions allowing businesses to reopen at full capacity as of next week.… Continue reading GM, Toyota employees to keep masks on in Texas even as state lifts mandate

Daimler picks banks to help with listing of trucks unit – sources

By Arno Schuetze 2 Min Read FILE PHOTO: A new Daimler AG, FUSO battery-powered eCanter urban delivery truck is unveiled during a news conference in New York City, U.S. September 14, 2017. REUTERS/Brendan McDermid FRANKFURT (Reuters) – Daimler has picked banks to help with the planned listing of its trucks unit that the carmaker seeks… Continue reading Daimler picks banks to help with listing of trucks unit – sources

Daimler Trucks says zero-emission vehicles will cost thousands of jobs

By Reuters Staff 2 Min Read BERLIN (Reuters) – Daimler Trucks’ shift to zero-emission vehicles will lead to thousands of job losses at the company’s German powertrain plants by 2033, its chairman said on Thursday, adding cuts would be gradual and achieved via retirements and voluntary packages. Slideshow ( 2 images ) “This is no… Continue reading Daimler Trucks says zero-emission vehicles will cost thousands of jobs

Workhorse to meet USPS on March 3 to discuss unfavorable contract decision

By Reuters Staff 1 Min Read FILE PHOTO: A U.S. Postal Service (USPS) logo is pictured on a mail box in the Manhattan borough of New York City, New York, U.S., August 21, 2020. REUTERS/Carlo Allegri/File Photo (Reuters) – Workhorse Group Inc will meet with U.S. Postal Service on Wednesday to get more information on… Continue reading Workhorse to meet USPS on March 3 to discuss unfavorable contract decision

Porsche to participate in fundraising of electric supercar maker Rimac: Automobilwoche

By Reuters Staff 2 Min Read FILE PHOTO: A logo of Porsche is seen outside a Porsche car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020. REUTERS/Yves Herman/File Photo FRANKFURT (Reuters) – Volkswagen unit Porsche is participating in a financing round of Rimac Automobili that will see the electric supercar… Continue reading Porsche to participate in fundraising of electric supercar maker Rimac: Automobilwoche

GM to furlough workers in Brazil plant for 20 days, suspending production

By Reuters Staff 1 Min Read Slideshow ( 2 images ) SAO PAULO (Reuters) – General Motors Co said on Friday it would furlough all workers at one of its Brazil plants for 20 days in March for maintenance and updating of factory lines, leading to a suspension in production. The plant, in Gravatai in… Continue reading GM to furlough workers in Brazil plant for 20 days, suspending production

Kia shares rise after report says still scope for Apple partnership

By Reuters Staff 1 Min Read Slideshow ( 2 images ) SEOUL (Reuters) – Shares in automaker Kia Corp rose more than 4% on Friday after a South Korean online news site reported on the remaining potential for a partnership with Apple Inc. Apple and Kia signed a memorandum of understanding (MOU) last year and… Continue reading Kia shares rise after report says still scope for Apple partnership

Tesla Fremont factory was shut down for two days due to parts shortages – Musk

By Reuters Staff 1 Min Read Feb 25 (Reuters) – U.S. electric vehicle maker Tesla Inc’s Fremont factory shut down for two days earlier this week, due to parts shortages, but was back online on Wednesday, Chief Executive Officer Elon Musk said in a tweet here on Thursday. (Reporting by Ankit Ajmera in Bengaluru; Editing… Continue reading Tesla Fremont factory was shut down for two days due to parts shortages – Musk

Ford CEO calls on U.S. government to support EV batteries, charging

By Paul Lienert 2 Min Read (Reuters) – Ford Motor Co’s Chief Executive on Wednesday called on the U.S. government to support battery production and charging infrastructure development, as he outlined the automaker’s plan to develop electric platforms for its top-selling trucks, vans and SUVs. FILE PHOTO: Ford Motor Co. CEO Jim Farley walks to… Continue reading Ford CEO calls on U.S. government to support EV batteries, charging

Hyundai Motor to replace battery systems in $900 million electric car recall

By Heekyong Yang, Joyce Lee 2 Min Read SEOUL (Reuters) – Hyundai Motor Co will replace battery systems in some 82,000 electric vehicles globally due to fire risks, a problem which combined with an earlier recall is likely to cost the automaker an estimated $900 million. Most of the latest recall applies to its best-selling… Continue reading Hyundai Motor to replace battery systems in $900 million electric car recall