By Reuters Staff 2 Min Read Faraday Future’s luxury electric car FF91 is seen at the company’s headquarters in Gardena, California, U.S. November 21, 2019. REUTERS/Lucy Nicholson (Reuters) – Electric-vehicle maker Faraday Future has agreed to go public through a merger with blank-check firm Property Solutions Acquisition Corp in a deal valuing the combined entity… Continue reading Electric-vehicle firm Faraday Future to go public via $3.4 billion SPAC deal
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Navistar to collaborate with GM, others on hydrogen fuel-cell commercial trucks
By Ben Klayman 4 Min Read DETROIT (Reuters) – Truck maker Navistar International Corp said on Wednesday it will collaborate with U.S. automaker General Motors Co and others to develop a hydrogen fuel-cell powered commercial truck and supporting fueling network. FILE PHOTO: A new hydrogen fuel cell truck made by Hyundai is pictured ahead of… Continue reading Navistar to collaborate with GM, others on hydrogen fuel-cell commercial trucks
Jaguar Land Rover appoints creative chief to board as it redefines strategy
By Reuters Staff 2 Min Read FILE PHOTO: Jaguar Land Rover unveils the new Jaguar F-Type model during its world premiere in Munich, Germany, December 2, 2019. REUTERS/Michaela Rehle LONDON (Reuters) – Jaguar Land Rover appointed its creative boss to the board of management on Wednesday to help redefine the Jaguar brand as Britain’s biggest… Continue reading Jaguar Land Rover appoints creative chief to board as it redefines strategy
Nissan says new models in key markets to be electrified by early 2030s
By Reuters Staff 2 Min Read FILE PHOTO: The brand logo of Nissan Motor Corp. is displayed during a press preview at Nissan Pavilion in Yokohama, south of Tokyo, Japan July 14, 2020. REUTERS/Issei Kato TOKYO (Reuters) – Nissan Motor Co said on Wednesday all its “new vehicle offerings” in key markets would be electrified… Continue reading Nissan says new models in key markets to be electrified by early 2030s
Nissan says all new vehicle offerings in key markets to be electrified by early 2030s
By Reuters Staff 1 Min Read FILE PHOTO: The brand logo of Nissan Motor Corp. is displayed during a press preview at Nissan Pavilion in Yokohama, south of Tokyo, Japan July 14, 2020. REUTERS/Issei Kato TOKYO (Reuters) – Nissan Motor Co said on Wednesday that all of its new vehicle offerings in key markets will… Continue reading Nissan says all new vehicle offerings in key markets to be electrified by early 2030s
Volkswagen asks U.S. Supreme Court to reverse ruling on local emissions claims
By David Shepardson 3 Min Read WASHINGTON (Reuters) – Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total billions of dollars. FILE PHOTO: The logo of German carmaker Volkswagen is… Continue reading Volkswagen asks U.S. Supreme Court to reverse ruling on local emissions claims
Nissan to cut around 160 office-based UK jobs
By Reuters Staff 1 Min Read FILE PHOTO: A visitor is seen at a Nissan Motor Corp. showroom in Tokyo, Japan November 11, 2020. REUTERS/Issei Kato LONDON (Reuters) – Nissan will cut around 160 office-based jobs in Britain as the Japanese company faces reduced sales amid plans to turn around its performance. Last week, it… Continue reading Nissan to cut around 160 office-based UK jobs
Luxury cars, EVs to fuel Hyundai’s China, U.S. sales in 2021; Q4 profit jumps
By Heekyong Yang, Joyce Lee 4 Min Read SEOUL (Reuters) – Hyundai Motor Co said on Tuesday it expects sales in United States and China to surge this year, driven by the launch of new electric cars and sports utility vehicles (SUVs), after reporting its best quarterly profit in over three years. FILE PHOTO: The… Continue reading Luxury cars, EVs to fuel Hyundai’s China, U.S. sales in 2021; Q4 profit jumps
Luxury cars fuel Hyundai fourth-quarter profit; sees jump in 2021 China, North America sales
By Heekyong Yang, Joyce Lee 3 Min Read SEOUL (Reuters) – Hyundai Motor Co reported a 57% surge in quarterly profit on strong demand for its high-margin sports utility vehicles (SUVs) and premium Genesis cars, and forecast its sales this year will jump in top auto markets China and North America. Slideshow ( 2 images… Continue reading Luxury cars fuel Hyundai fourth-quarter profit; sees jump in 2021 China, North America sales
Nissan flips the switch on electric reboot in China
By Norihiko Shirouzu 7 Min Read BEIJING (Reuters) – Nissan Motor is accelerating the rollout of electric vehicles in China under its main brand and its local, no-frills Venucia marque as it overhauls its strategy in the world’s biggest auto market, four sources told Reuters. FILE PHOTO: Nissan’s electric vehicle (EV) Leaf is displayed at… Continue reading Nissan flips the switch on electric reboot in China