(Repeats JULY 26 story, no change text) ZURICH/MILAN, July 26 (Reuters) – Fiat Chrysler said it knew nothing about the medical condition of Sergio Marchionne after a Swiss hospital said on Thursday it had been treating the deceased chief executive for more than a year. “Due to medical privacy, the company had no knowledge of… Continue reading RPT-UPDATE 4-Fiat Chrysler says it did not know about Marchionne’s illness
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As Hyundai struggles, its labor union shows signs of softening
SEOUL (Reuters) – When workers at South Korea’s Hyundai Motor (005380.KS) went on strike last year, the stoppage lasted 24 days, triggered months of negotiations and netted them their smallest raise in nearly a decade. FILE PHOTO: A worker works at an assembly line before unionised workers attend a strike at a main factory of… Continue reading As Hyundai struggles, its labor union shows signs of softening
Grab defends position in Uber deal to Singapore’s anti-monopoly watchdog
SINGAPORE (Reuters) – Grab said on Friday it disagreed with the Singaporean anti-monopoly watchdog’s assessment that its takeover of Uber’s operations had harmed competition and called the commission’s suggested measure of removing exclusivity arrangements with drivers as “one-sided”. FILE PHOTO: A ComfortDelgro taxi passes Uber and Grab offices in Singapore March 26, 2018. REUTERS/Edgar Su/File… Continue reading Grab defends position in Uber deal to Singapore’s anti-monopoly watchdog
Scuderia Cameron Glickenhaus Plans to Build Road Legal Versions of This SCG 007 LMP1 to Help Conquer Le Mans
Photos by Scuderia Cameron Glickenhaus Filmmaker and automobile collector/builder James Glickenhaus’ team at Scuderia Cameron Glickenhaus just unveiled its new SCG 007 LMP1, a vehicle that the company hopes will win Le Mans. To help accomplish that, SCG says it hopes to make some money selling road legal versions. “This is for America” the company… Continue reading Scuderia Cameron Glickenhaus Plans to Build Road Legal Versions of This SCG 007 LMP1 to Help Conquer Le Mans
Daimler CEO says weaker Mercedes prices tied to WLTP bottlenecks
FRANKFURT (Reuters) – Daimler (DAIGn.DE) Chief Executive Dieter Zetsche said the introduction of the new WLTP emissions testing procedure was causing delays getting Mercedes-Benz vehicles certified for road worthiness, distorting supply and demand. Daimler CEO Dieter Zetsche gives a speech at the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke “We… Continue reading Daimler CEO says weaker Mercedes prices tied to WLTP bottlenecks
UPDATE 4-Daimler braced for emissions-test impact as profit weakens
PARIS/FRANKFURT (Reuters) – Mercedes maker Daimler (DAIGn.DE) blamed U.S.-China tariffs for a 30 percent drop in second-quarter profit and predicted a further decline as new emissions test standards hit sales. FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke Earnings before interest and… Continue reading UPDATE 4-Daimler braced for emissions-test impact as profit weakens
General Motors is prepared to raise prices to offset commodity price jump
Raw materials are getting pricier for General Motors, and a new car could soon cost you more, too.
Waymo partners with Walmart, Avis, AutoNation and others to expand access to self-driving cars
Waymo, Google’s former self-driving project that’s now an Alphabet company, announced today a new series of partnerships aimed at giving more people access to its autonomous vehicles. Through deals with Walmart, AutoNation, Avis and others, Waymo will pick up customers and drive them to businesses in the Phoenix area. The company already had existing relationships with… Continue reading Waymo partners with Walmart, Avis, AutoNation and others to expand access to self-driving cars
Daimler to build battery factories in Sindelfingen, Untertuerkheim
FRANKFURT (Reuters) – Daimler AG on Wednesday said it will add battery manufacturing capabilities to its Mercedes-Benz plants in Sindelfingen and Untertuerkheim, as the carmaker seeks to transition from combustion to electric cars. The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke The battery deal… Continue reading Daimler to build battery factories in Sindelfingen, Untertuerkheim
Daimler’s workers to defend jobs if tariffs force production shift
FRANKFURT (Reuters) – Daimler’s (DAIGn.DE) German workforce will seek to defend local jobs if the luxury carmaker attempts to shift some production to the United States in response to trade tariffs, supervisory board member Roman Zitzelsberger told Reuters. The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018.… Continue reading Daimler’s workers to defend jobs if tariffs force production shift