Category: Uncategorized

China grants Tesla green light to start selling Shanghai-made Model Y SUV

By Reuters Staff 1 Min Read FILE PHOTO: The company logo is pictured on a Tesla Model X electric car in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch SHANGHAI (Reuters) – Tesla Inc has obtained permission to start selling its Shanghai-made Model Y sports utility vehicle in China, according to documents released by the country’s… Continue reading China grants Tesla green light to start selling Shanghai-made Model Y SUV

GM plans to seek banking charter for auto-lending business: WSJ

By Reuters Staff 1 Min Read FILE PHOTO: The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January 22, 2019. REUTERS/Roosevelt Cassio (Reuters) – General Motors Co is planning to apply for a banking charter that would allow its lending unit to hold deposits and expand its auto-finance… Continue reading GM plans to seek banking charter for auto-lending business: WSJ

Hyundai, Kia agree to $210 million U.S. auto safety civil penalty

By David Shepardson 3 Min Read WASHINGTON (Reuters) – Hyundai Motor Co and Kia Motors Corp’s U.S. units on Friday agreed to a record $210 million civil penalty after U.S. auto safety regulators said they failed to recall 1.6 million vehicles for engine issues in a timely fashion. FILE PHOTO: Cars for sale are seen… Continue reading Hyundai, Kia agree to $210 million U.S. auto safety civil penalty

Maserati to electrify entire line-up in next five years – CEO

By Reuters Staff 1 Min Read Slideshow ( 2 images ) MILAN (Reuters) – All vehicles of Fiat Chrysler’s premium brand Maserati will be electrified, either hybrid or full-electric, in the next five years, the unit’s chief executive said on Thursday. Maserati’s new SUV Grecale, to be released next year, will be initially offered both… Continue reading Maserati to electrify entire line-up in next five years – CEO

Volvo Cars to terminate dealer agreements with Bilia

By Reuters Staff 2 Min Read FILE PHOTO: The wheel hub of a Volvo XC60 car is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 8, 2017. REUTERS/Arnd Wiegmann STOCKHOLM (Reuters) – Swedish car dealership chain Bilia has received notice of termination for its dealer agreements with Volvo Cars in… Continue reading Volvo Cars to terminate dealer agreements with Bilia

UPDATE 1-Tesla issues two recalls covering 9,500 U.S. vehicles – NHTSA

By Reuters Staff 2 Min Read FILE PHOTO: A Tesla Model X is shown at a Tesla service center in Costa Mesa, California, U.S., October 20, 2020. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – Tesla Inc is issuing two recalls covering about 9,500 vehicles for roof trim that may separate and bolts that may not have… Continue reading UPDATE 1-Tesla issues two recalls covering 9,500 U.S. vehicles – NHTSA