Ford recalling 153,000 vehicles in U.S., Canada that could have faulty inflators

By David Shepardson 2 Min Read WASHINGTON (Reuters) – Ford Motor Co is recalling 153,000 older trucks that may have had obsolete Takata air bag modules installed in collision and theft repairs after the Takata recall was completed, the automaker said on Thursday. FILE PHOTO: The Ford logo is pictured at the 2019 Frankfurt Motor… Continue reading Ford recalling 153,000 vehicles in U.S., Canada that could have faulty inflators

Automakers pause North American production on U.S. winter weather

By Sharay Angulo 3 Min Read MEXICO CITY (Reuters) – Freezing weather that interrupted gas supplies in the southern United States and Mexico was wreaking havoc on Thursday on car manufacturing plants on both sides of the border, with Ford Motor Co, Nissan Motor Co Ltd and Toyota Motor Corp reporting disruptions to their assembly… Continue reading Automakers pause North American production on U.S. winter weather

Ford latest automaker to shut North American plants on U.S. winter weather

By Sharay Angulo 2 Min Read FILE PHOTO: Workers assemble a Ford truck at the new Louisville Ford truck plant in Louisville, Kentucky, U.S. September 30, 2016. REUTERS/Bryan Woolston MEXICO CITY (Reuters) – Freezing weather that interrupted gas supplies in the southern United States and Mexico was wreaking havoc on Thursday with car manufacturing plants… Continue reading Ford latest automaker to shut North American plants on U.S. winter weather

Volkswagen mulls listing of Porsche AG unit: source

By Reuters Staff 2 Min Read HAMBURG (Reuters) – Volkswagen is considering a listing of its luxury car division Porsche AG to rake in cash needed for the group’s shift towards software and electric vehicles, a person familiar with the matter said on Thursday. FILE PHOTO: A logo of Porsche is seen outside a Porsche… Continue reading Volkswagen mulls listing of Porsche AG unit: source

Daimler sees 2021 pandemic recovery boosting sales, profits

By Nick Carey 3 Min Read LONDON (Reuters) – Daimler AG expects significant improvements in sales and operating profit in 2021 and will make up for lost production caused by a semiconductor chip shortage by the end of the year, the German carmaker said on Thursday. The outlook sent shares in the maker of Mercedes-Benz… Continue reading Daimler sees 2021 pandemic recovery boosting sales, profits

Nissan to temporarily suspend output at two assembly plants in Japan due to quake

By Reuters Staff 2 Min Read FILE PHOTO: Nissan Motor’s logo is displayed during a press preview for the company’s new Ariya all-battery SUV at Nissan Pavilion in Yokohama, south of Tokyo, Japan July 14, 2020. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Nissan Motor Co said on Thursday it will suspend production at two assembly… Continue reading Nissan to temporarily suspend output at two assembly plants in Japan due to quake

Daimler expects to recover production lost to chip shortage by year end

By Reuters Staff 1 Min Read LONDON, Feb 18 (Reuters) – German carmaker Daimler AG said on Thursday that bottlenecks causing a shortage of semiconductor chips will hurt its sales mostly in the first quarter, but it will make up for lost production by the end of 2021. The automaker also confirmed its preliminary financial… Continue reading Daimler expects to recover production lost to chip shortage by year end

Volkswagen says will suspend some production in Mexico due to gas shortage

By Reuters Staff 1 Min Read FILE PHOTO: The 2019 Volkswagen Jetta is unveiled during a launch event at the North American International Auto Show in Detroit, Michigan, U.S. January 14, 2018. REUTERS/Brendan McDermid MEXICO CITY (Reuters) – Volkswagen will suspend some production in Mexico on Thursday and Friday due to a limited natural gas… Continue reading Volkswagen says will suspend some production in Mexico due to gas shortage

Jaguar Land Rover to cut 2,000 jobs globally

By Derek Francis, Nandakumar D 2 Min Read Slideshow ( 2 images ) (Reuters) – Jaguar Land Rover said on Wednesday it would cut 2,000 jobs from its global salaried workforce, just days after announcing its luxury Jaguar brand will be entirely electric by 2025 and e-models of its entire lineup will be launched by… Continue reading Jaguar Land Rover to cut 2,000 jobs globally

Nissan to adjust production due to limited parts supply after quake: sources

By Reuters Staff 2 Min Read TOKYO (Reuters) – Nissan Motor Co Ltd will adjust production in Fukuoka prefecture this week due to disruptions in parts supplies after an earthquake hit northeastern Japan, two sources familiar with the matter said. FILE PHOTO: Nissan Motor’s logo is displayed during a press preview for the company’s new… Continue reading Nissan to adjust production due to limited parts supply after quake: sources