Tag: Auto and Truck Manufacturers (TRBC)

U.S. to unveil voluntary self-driving testing data-sharing effort

WASHINGTON (Reuters) – U.S. auto safety regulators will unveil on Monday a voluntary effort to collect and make available nationwide data on existing autonomous vehicle...

Nissan and Renault shelve merger plans to repair their alliance: sources

(Reuters) – Renault (RENA.PA) and Nissan (7201.T) have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix...

Automaker trade backs U.S. on effort to weaken fuel efficiency rules

WASHINGTON (Reuters) – A group representing many major automakers on Friday backed the Trump administration’s decision to weaken Obama administration fuel efficiency standards but said...

Trump visits Ford plant in politically crucial Michigan, leaves mask off for cameras

YPSILANTI, Mich. (Reuters) – President Donald Trump traveled on Thursday to the crucial U.S. election battleground state of Michigan to visit a Ford Motor Co...

Past its peak? Battered oil demand faces threat from electric vehicles

LONDON (Reuters) – Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto makers are...

Automated delivery cashes in on pandemic-driven demand

(Reuters) – The coronavirus crisis is accelerating a shift in the world of autonomous cars toward delivering packages instead of people, as big players open...

Supplier restarts flow of critical truck parts to Detroit automakers

TOLEDO, Ohio (Reuters) – Dana Inc (DAN.N), a key supplier of truck parts to Detroit automakers, restarted its Toledo plant Monday on a single shift,...

Italian PM Conte says Fiat Chrysler entitled to seek state-backed loan

MILAN (Reuters) – Italian Prime Minister Giuseppe Conte said on Saturday that Fiat Chrysler was entitled to apply for Italy’s state-backed loans because the automaker...

Exclusive: Tesla’s secret batteries aim to rework the math for electric cars and the grid

(Reuters) – Electric car maker Tesla Inc (TSLA.O) plans to introduce a new low-cost, long-life battery in its Model 3 sedan in China later this...

Exclusive: Renault to discontinue Espace model as carmaker cuts costs – sources

PARIS (Reuters) – Renault (RENA.PA) is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of...

Musk, Texas governor talk about potential Tesla move to Lone Star state

AUSTIN, Texas (Reuters) – Texas Governor Greg Abbott said on Tuesday that he spoke with Elon Musk, the chief executive of Tesla Inc (TSLA.O), in...

Trump wants California to let automaker Tesla reopen assembly plant

WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday urged that Tesla Inc (TSLA.O) be allowed to reopen its electric vehicle assembly plant in California,...

China’s Tesla wannabes risk running out of road in virus-stricken times

HONG KONG/BEIJING(Reuters) – Challenged by the arrival of Tesla in China last year, domestic electric vehicle (EV) start-ups were struggling even before the economic shock...

Toyota expects profit to drop 80% this year as virus saps car sales

TOKYO (Reuters) – Toyota Motor Corp (7203.T) on Tuesday said it expects profit to drop 80% to its lowest in nine years, as Japan’s biggest...

Tesla’s Musk says ready for arrest as he reopens California plant against local order

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk on Monday said production was resuming at the automaker’s sole U.S. vehicle factory, in California, defying...

Tesla tells California employees to return to work in defiance of county orders

(Reuters) – Tesla Inc (TSLA.O) on Monday told employees at its California vehicle factory to return to work, a few days after local officials said...

Tesla sues California county in virus factory closure fight, threatens to leave

(Reuters) – Tesla Inc (TSLA.O) sued local authorities in California on Saturday as the electric carmaker pushed to re-open its factory there and Chief Executive...

Amid lockdown dispute, Musk says he will move Tesla out of California

(Reuters) – Tesla Inc’s (TSLA.O) chief executive Elon Musk tweeted on Saturday that Tesla will move its headquarters and future programs to Texas or Nevada...

California county says Tesla may not reopen vehicle factory, stifling Musk’s plans

(Reuters) – Tesla Inc “must not reopen” its vehicle factory in the San Francisco Bay area as local lockdown measures to curb the spread of...

Tesla’s Musk delays release of Roadster sports car, repeats coronavirus lockdown criticism

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk said in a podcast interview released on Thursday that the company’s planned Roadster sports car would...

Wall Street bullish on ride-hailing firms on lower driver costs, recovery signs

(Reuters) – Wall Street gave a resounding vote of confidence to ride-hailing stocks ahead of Uber’s (UBER.N) results on Thursday, after Lyft indicated a slow...

VW sees multi-speed coronavirus rebound led by China

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) said demand in China was rebounding, thanks to customers who want to switch from public transport to personal vehicles, but...

Tesla stock rise appears to qualify CEO Musk for $700 million payday

(Reuters) – Tesla Chief Executive Elon Musk appeared to qualify on Monday for a $700 million payday, just three days after he said the electric...

Tesla tumbles after Musk tweets stock too high

(Reuters) – Shares of Tesla Inc (TSLA.O) tumbled 9% on Friday after Chief Executive Officer Elon Musk tweeted that the electric carmaker’s high-flying stock was...

Musk’s SpaceX, Bezos’ Blue Origin land contracts to build NASA’s astronaut moon lander

(Reuters) – NASA on Thursday selected space firms SpaceX, Blue Origin and Dynetics to build lunar landing systems that can carry astronauts to the moon...