Category: Uncategorized

Honda recalling 1.79 million vehicles worldwide for safety issues

By David Shepardson 2 Min Read FILE PHOTO: The Honda logo displayed at the 89th Geneva International Motor Show in Geneva, Switzerland, March 5, 2019. REUTERS/Pierre Albouy/File Photo WASHINGTON (Reuters) -Honda Motor Co said on Tuesday it was recalling 1.79 million vehicles worldwide in four separate campaigns, including some linked to reported fires. The recalls… Continue reading Honda recalling 1.79 million vehicles worldwide for safety issues

UPDATE 1-Volkswagen shares gain as power struggle ends – for now

By Reuters Staff 2 Min Read * Shares up as much as 5.2% * VW CEO Diess gets unanimous support from supervisory board * No early contract extension for CEO (Recasts, adds details, updates shares) HAMBURG, Dec 15 (Reuters) – Shares in Volkswagen rose as much as 5.2% on Tuesday after the carmaker temporarily defused… Continue reading UPDATE 1-Volkswagen shares gain as power struggle ends – for now

Hyundai Motor nominates Genesis head as new co-CEO

By Reuters Staff 1 Min Read FILE PHOTO: The logo of Hyundai Motor is pictured at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. REUTERS/Aly Song/File Photo SEOUL (Reuters) – Hyundai Motor nominated Jaehoon Chang, global head of its premium Genesis brand, as the co-CEO and president on… Continue reading Hyundai Motor nominates Genesis head as new co-CEO

Tesla teams to visit Indonesia to check on investment in EV components: government

By Reuters Staff 2 Min Read FILE PHOTO: Tesla Inc CEO Elon Musk speaks onstage during a delivery event for Tesla China-made Model 3 cars at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo JAKARTA (Reuters) – Tesla, the U.S. automaker, will send delegations to Indonesia next month to discuss potential investment… Continue reading Tesla teams to visit Indonesia to check on investment in EV components: government

Used car platform AUTO1 drives for growth at Autohero retail arm

By Douglas Busvine, Nadine Schimroszik 3 Min Read BERLIN (Reuters) – German used-car trading platform AUTO1 will ramp up direct auto sales to consumers next year, co-founder and CEO Christian Bertermann told Reuters on Thursday, after reporting its first clear quarterly profit. FILE PHOTO: A handout photo taken March 21, 2019 shows co-founder and co-CEO… Continue reading Used car platform AUTO1 drives for growth at Autohero retail arm

China’s Great Wall plans new electric, smart vehicle brand – sources

By Reuters Staff 2 Min Read BEIJING/SHANGHAI (Reuters) – China’s Great Wall Motor plans to launch a new standalone brand for electric and smart vehicles, sources familiar with the plan said, as automakers in world’s biggest car market pursue growth in the new segment. Inspired by the market success of electric vehicle leader Tesla Inc,… Continue reading China’s Great Wall plans new electric, smart vehicle brand – sources

Volkswagen explores new sales model for electric models in China

By Reuters Staff 3 Min Read BEIJING (Reuters) – Volkswagen AG is launching another sales model in China that will see the automaker open showrooms in city centres for electric vehicles (EV) and offer fixed prices, departing from the conventional sales system used by the wider industry. FILE PHOTO: A man uses phone under a… Continue reading Volkswagen explores new sales model for electric models in China

Tesla’s Musk relocates to Texas from California; compares himself to war general

By Reuters Staff 2 Min Read FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the automobile awards “Das Goldene Lenkrad” given by a German newspaper in Berlin, Germany, November 12, 2019. REUTERS/Hannibal Hanschke/File Photo (Reuters) -Silicon Valley billionaire Elon Musk said on Tuesday he had relocated to Texas… Continue reading Tesla’s Musk relocates to Texas from California; compares himself to war general