By Reuters Staff 2 Min Read FILE PHOTO: The logo of Nissan Motor Corp. is displayed the company’s showroom in Tokyo, Japan November 11, 2020. REUTERS/Issei Kato TOKYO (Reuters) – Nissan Motor is planning to further reduce its presence in Europe and outsource the sales and manufacturing of its cars to alliance partner Renault, the… Continue reading Nissan Motor to reduce presence in Europe as part of turnaround plan: Yomiuri
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Kia Motors’ union in South Korea approves tentative labour deal
By Reuters Staff 2 Min Read FILE PHOTO: The logo of Kia Motors is seen during the 2019 Seoul Motor Show in Goyang, South Korea, March 28, 2019. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – South Korean workers for Kia Motors Corp have agreed to a freeze in base salary for the first time in 11… Continue reading Kia Motors’ union in South Korea approves tentative labour deal
No UK port problems so far for Jaguar Land Rover
By Reuters Staff 1 Min Read FILE PHOTO: The Jaguar Land Rover logo is seen at a dealership, following the outbreak of the coronavirus disease (COVID-19), Milton Keynes, Britain, June 1, 2020. REUTERS/Andrew Boyers/File Photo (Reuters) – Luxury carmaker Jaguar Land Rover has not seen any impact so far from issues at UK ports, its… Continue reading No UK port problems so far for Jaguar Land Rover
Daimler prepares listing of trucks business -Handelsblatt
By Reuters Staff 1 Min Read FILE PHOTO: The Daimler logo is seen before the carmaker’s annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/File Photo FRANKFURT (Reuters) – German luxury carmaker Daimler is preparing a stock market listing of its trucks division, business newspaper Handelsblatt reported, citing company sources. The unit could… Continue reading Daimler prepares listing of trucks business -Handelsblatt
Apple share gain dwarfs GM after car rollout news
By Reuters Staff 3 Min Read (Reuters) -Shares in Apple Inc jumped more than 3% on Tuesday, adding more than General Motors’ entire market capitalization to the value of the iPhone maker on signs it was planning to move forward swiftly with electric car production. FILE PHOTO: U.S. dollar banknotes are seen in front of… Continue reading Apple share gain dwarfs GM after car rollout news
Apple shares rise on car rollout plan, battery ambitions
By Munsif Vengattil 2 Min Read (Reuters) -Shares of Apple Inc jumped nearly 5% on Tuesday, a day after Reuters exclusively reported that the iPhone maker is aiming to produce a passenger vehicle by 2024 with its own battery technology. FILE PHOTO: U.S. dollar banknotes are seen in front of the Apple logo in this… Continue reading Apple shares rise on car rollout plan, battery ambitions
Tesla’s Elon Musk asks about converting ‘large transactions’ to bitcoin
By Suzanne Barlyn 2 Min Read (Reuters) – Elon Musk on Sunday asked about the possibility of converting “large transactions” of Tesla Inc’s balance sheet into bitcoin, according to a Twitter exchange between Musk and a well-known advocate for the digital currency. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk looks on after arriving… Continue reading Tesla’s Elon Musk asks about converting ‘large transactions’ to bitcoin
Hyundai to end domestic sales of Kona EVs after recalls – reports
By Reuters Staff 2 Min Read FILE PHOTO: The logo of Hyundai Motors is seen on a steering wheel on display at the company’s headquarters in Seoul, South Korea, March 22, 2019. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – South Korea’s Hyundai Motor Co will end domestic sales of its best-selling electric vehicle (EV), the Kona… Continue reading Hyundai to end domestic sales of Kona EVs after recalls – reports
Lyft, Motional to launch multi-city U.S. robotaxi service in 2023
By Paul Lienert 2 Min Read DETROIT (Reuters) – Lyft Inc and Motional will launch a multi-city U.S. robotaxi service in 2023, the partners said on Wednesday. FILE PHOTO: The Lyft Driver Hub is seen in Los Angeles, California, U.S., March 20, 2019. REUTERS/Lucy Nicholson The driverless vehicles will be provided by Motional, a joint… Continue reading Lyft, Motional to launch multi-city U.S. robotaxi service in 2023
Fiat Chrysler to spend $150 million setting up global tech centre in India
By Reuters Staff 1 Min Read FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo NEW DELHI (Reuters) – Fiat Chrysler Automobiles NV (FCA) on Wednesday said it plans to spend $150 million to set up a global technology centre… Continue reading Fiat Chrysler to spend $150 million setting up global tech centre in India