Ford to lay off around 200 workers at Canadian plant
TORONTO (Reuters) – Ford Motor Co (F.N) will lay off about approximately 200 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs…
Carlos Ghosn sues Nissan-Mitsubishi in the Netherlands: paper
FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei Kato AMSTERDAM (Reuters) – Carlos Ghosn has launched a court…
Transport app FlixMobility gets Germany’s biggest tech funding round to drive growth
FRANKFURT/MUNICH (Reuters) – Transport app FlixMobility has raised around 500 million euros ($561 million) in Germany’s biggest tech funding round to date to back investments in its expansion, sources familiar…
Trump’s tariffs trip up the all-American RV industry
ELKHART, Ind. (Reuters) – Carrie Gray points to a stack of unwelcome mail on a conference table at the offices of Renegade RV, one of the leading U.S. manufacturers of…
BMW promotes Oliver Zipse to CEO
FILE PHOTO: Oliver Zipse, board member of German luxury carmaker BMW attends the company’s annual news conference in Munich, Germany, March 20, 2019. REUTERS/Michael Dalder/File Photo FRANKFURT (Reuters) – German…
BMW picks Oliver Zipse as new CEO
FRANKFURT (Reuters) – BMW (BMWG.DE) said Oliver Zipse will become chief executive on Aug. 16, picking the 55-year-old manufacturing expert to help the German automaker make the shift to electric…
UAW president to GM: We invested in you, now invest in us
DETROIT (Reuters) – The UAW and General Motors Co (GM.N) on Tuesday formally kicked off contract talks, with the union’s president calling on the automaker to keep open plants it…
Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup
BEIJING (Reuters) – Tesla Inc (TSLA.O) has dropped the standard-range variants of its Model X and Model S from its product lineup and adjusted prices across its range, in a…
Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars
, NEW YORK (Reuters) – Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE) said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global…
Trump administration freezing fuel efficiency penalties
WASHINGTON (Reuters) – The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama administration regulation that more than doubled penalties for automakers failing…