BMW, Mercedes-Benz lower prices in China after VAT drop
FILE PHOTO: BMW cars are seen at the automobile terminal in the port of Dalian, Liaoning province, China January 9, 2019. Picture taken January 9, 2019. REUTERS/Stringer SHANGHAI (Reuters) –…
Elon Musk’s defense of his Tesla tweet will get SEC response
(Reuters) – The top U.S. securities regulator received permission from a federal judge on Tuesday to respond to Tesla Inc Chief Executive Elon Musk’s arguments that his Twitter post about…
Hyundai Motor in talks with investors to develop headquarters project
FILE PHOTO: The logo of Hyundai Motor is seen on wall at a event of Hyundai Motor Co’s new Accent in Mexico City, Mexico August 2, 2017. REUTERS/Henry Romero SEOUL…
Uber not criminally liable in fatal 2018 Arizona self-driving crash: prosecutors
(Reuters) – Uber Technologies Inc is not criminally liable in a March 2018 crash in Tempe, Arizona, in which one of the company’s self-driving cars struck and killed a pedestrian,…
Musk says $35,000 Model 3 to reach volume production mid-year
SpaceX founder Elon Musk looks on at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to…
U.S. agency probing two fatal Tesla crashes in Florida since last Sunday
WASHINGTON (Reuters) – U.S. authorities are investigating a fatal Tesla Inc Model S crash in Florida last Sunday that killed the driver and caused a massive fire, the second fatal…
German carmakers to invest 60 billion euros in electric cars and automation: VDA
FILE PHOTO – Electric car is charged at the charging station at the front of the German utility E.ON headquarters in Essen, Germany, May 9, 2018. REUTERS/Wolfgang Rattay FRANKFURT (Reuters)…
Tesla’s store-shuttering strategy may pull the rug out of solar
SAN FRANCISCO (Reuters) – Tesla Inc’s sudden decision to shutter the bulk of its stores around the world raises a red flag over the future of its solar branch, a…
Tesla debuts $35,000 Model 3, sees loss in first quarter
SAN FRANCISCO (Reuters) – Tesla Inc said on Thursday it would offer a $35,000 version of its Model 3 sedan with a delivery time of two to four weeks, while…
Ford to close oldest Brazil plant, exit South America truck biz
SAO PAULO/DETROIT (Reuters) – Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move…