Category: Automotive

Great Wall, Ford hitch up to burgeoning Chinese demand for pickup trucks

BEIJING (Reuters) – Grey Liu bought his third vehicle four months ago – a Foton pickup truck, lured by its $7,000 price tag and its ability to transport his sports motorcycle to the grasslands of northern China where he likes to ride. A worker closes the back of a Toyota Tundra pickup truck at Pickup… Continue reading Great Wall, Ford hitch up to burgeoning Chinese demand for pickup trucks

The new BMW 1 Series: final test phase in Miramas.

Munich. Camouflaged pre-series vehicles of the third-generation BMW 1 Series are currently still undergoing extensive test drives at the BMW proving ground in Miramas, Southern France. The facility’s diverse handling tracks offer the optimal conditions for refining agility and dynamics of the new BMW 1 Series. This was preceded by five years of intensive development… Continue reading The new BMW 1 Series: final test phase in Miramas.

Singapore Joins CCS Combo Charging Bandwagon

4 H BY MARK KANE More than 1,000 new charging points are to be installed within a few years Singapore, as expected, confirmed that the official charging standard in the ASEAN city-state will be CCS Combo of the European version – Type 2 AC and Combo 2 for DC. The CCS Combo 2 is expected to embrace… Continue reading Singapore Joins CCS Combo Charging Bandwagon

FUTURE JAGUAR LAND ROVER MODELS COULD HELP STOP THE SPREAD OF SUPERBUGS

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South America resists electric vehicles as local fuels remain in favor

SAO BERNARDO DO CAMPO, Brazil (Reuters) – Meeting in Brazil this week, auto executives from Toyota to GM talked up traditional fuel sources like ethanol, natural gas and diesel, underlining how South America’s protected auto market is likely to resist a broader global move toward electric vehicles for years to come. FILE PHOTO: A man… Continue reading South America resists electric vehicles as local fuels remain in favor

Nissan panel to propose bigger role for external directors in Ghosn scandal’s wake

TOKYO (Reuters) – A committee tasked with revamping corporate governance at Nissan Motor Co is expected to recommend on Wednesday a bigger role for external directors in overseeing the Japanese automaker following Carlos Ghosn’s arrest and ouster as chairman. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside the car as he leaves his… Continue reading Nissan panel to propose bigger role for external directors in Ghosn scandal’s wake

Lear Corporation — Moody’s upgrades Lear’s senior unsecured to Baa2; Outlook stable

Moody’s Investors Service upgraded Lear Corporation’s (Lear) senior unsecured rating to Baa2 from Baa3, and changed the rating outlook to stable from positive. The Baa2 senior unsecured debt rating incorporates Lear’s ability to adjust to cyclical changes in auto demand due to demonstrated flexibility in its cost structure, its considerable scale and importance as a… Continue reading Lear Corporation — Moody’s upgrades Lear’s senior unsecured to Baa2; Outlook stable

Tesla’s Elon Musk, SEC to face off in U.S. court on April 4

NEW YORK (Reuters) – Lawyers for Elon Musk and the U.S. Securities and Exchange Commission will square off in a Manhattan courtroom next week over whether the Tesla Inc chief executive should be held in contempt over one of his tweets. FILE PHOTO: Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in… Continue reading Tesla’s Elon Musk, SEC to face off in U.S. court on April 4

UPDATE 1-Tesla’s Elon Musk, SEC to face off in U.S. court on April 4

NEW YORK (Reuters) – Lawyers for Elon Musk and the U.S. Securities and Exchange Commission will square off in a Manhattan courtroom next week over whether the Tesla Inc chief executive should be held in contempt over one of his tweets. FILE PHOTO: Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in… Continue reading UPDATE 1-Tesla’s Elon Musk, SEC to face off in U.S. court on April 4