Sheriff: Tesla not an ‘essential business,’ factory must obey coronavirus shutdown order

Tesla must obey the “shelter in place” order put into place in the San Francisco Bay Area and is not allowed to build new cars at its Fremont factory, according to the Alameda County Sheriff’s office. Tesla will be allowed to maintain “minimum basic operations” at the plant, but this does not include building new… Continue reading Sheriff: Tesla not an ‘essential business,’ factory must obey coronavirus shutdown order

Dispute at Volkswagen: VW boss Diess resists criticism of the works council

VW boss Herbert Diess The car manager does not find the works council’s criticism of the management board justified. (Photo: REUTERS) Düsseldorf A war of words has begun in Wolfsburg. A day after the VWWorks Council had publicly complained about massive problems with the start of production of the new Golf 8, reports VolkswagenCEO Herbert… Continue reading Dispute at Volkswagen: VW boss Diess resists criticism of the works council

Buffett-backed Chinese EV maker BYD says making 5 mln masks daily to fight virus

Volunteers wearing face masks stand next to vegetables to be delivered to residents of a residential area in Wuhan, the epicentre of the novel coronavirus outbreak, Hubei province, China March 5, 2020. REUTERS/Stringer BEIJING/SHANGHAI (Reuters) – Chinese electric vehicle maker BYD (002594.SZ) said on Friday it is making 5 million masks a day to fight… Continue reading Buffett-backed Chinese EV maker BYD says making 5 mln masks daily to fight virus

Toyota halts pay raises for first time in 7 years, joining Nippon Steel

TOKYO — Toyota Motor will not raise base pay this year, the company told its union Wednesday, joining the ranks of Japanese companies freezing or limiting wage hikes to cope with the U.S.-China trade war and the coronavirus outbreak. This will be Toyota’s first time since 2013 denying a base pay hike during the annual spring negotiations… Continue reading Toyota halts pay raises for first time in 7 years, joining Nippon Steel

China urges Tesla to keep products consistent as buyers complain about computers

BEIJING (Reuters) – China’s industry ministry said on Tuesday it has urged Tesla Inc (TSLA.O) to keep its China-made vehicles consistent after some Chinese customers complained the U.S. electric vehicle maker put less advanced computer chips in their cars. Tesla started delivering China-made Model 3 electric sedans from its $2 billion Shanghai factory in December,… Continue reading China urges Tesla to keep products consistent as buyers complain about computers

Nidec conducts mass demotions to clear way for Nissan’s Seki

TOKYO — Japanese electric motor manufacturer Nidec has downgraded the positions of a slate of top-level executives in order to concentrate power in the hands of Jun Seki, the incoming president, the company said Friday. Seki, who briefly served as the third-ranking executive at Nissan Motor before jumping ship to Nidec, will answer only to Chairman and CEO Shigenobu Nagamori.… Continue reading Nidec conducts mass demotions to clear way for Nissan’s Seki

Study expects billions of dollars in CO2 penalties for car manufacturers: “Electric cars will continue to be a subsidy business for years to come”

REUTERS Electric car production at Volkswagen According to a study, ten car manufacturers face EU fines totaling 3.3 billion euros next year for high CO2 levels. Short-term measures such as discounts for their electrified or particularly economical cars could hardly compensate for this, explained the industry experts at the management consultancy Deloitte in Munich. The… Continue reading Study expects billions of dollars in CO2 penalties for car manufacturers: “Electric cars will continue to be a subsidy business for years to come”

How Bentley is recreating its legendary 4.5-litre Blower

Although generally agreed to be the most famous Bentley of all, the 4.5-litre Blower was a model the company’s famous founder couldn’t abide. WO Bentley’s theory was that to make the car go faster you gave it a bigger engine – a theory proved by the fact that the 6.5-litre Speed Six did much better… Continue reading How Bentley is recreating its legendary 4.5-litre Blower

Lyft posted record sales last week, and coronavirus might be the key driver

REUTERS/Mike Blake Lyft racked up record sales and customer journeys in the same week that coronavirus fears sparked a massive stock-market selloff. “Last week was our single biggest week in our history in terms of both revenue and rides,” Lyft finance chief Brian Roberts said. Commuters, shoppers, and others may be springing for Lyft rides… Continue reading Lyft posted record sales last week, and coronavirus might be the key driver