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Articles of Reuters

  • BMW Electric Cars Hit 100,000 Sales Target

    BMW Electric Cars Hit 100,000 Sales Target

    ReutersBy Reuters•Dec 19, 2017 04:26 PM•1 min read

    The German luxury carmaker has said it expects 2018 electric-vehicle (EV) sales to grow by medium two-digit percentages.

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  • Toyota, Panasonic Consider Joint Development Of EV Batteries

    Toyota, Panasonic Consider Joint Development Of EV Batteries

    ReutersBy Reuters•Dec 17, 2017 09:00 PM•1 min read

    The joint announcement builds on an existing agreement under which Panasonic makes batteries for Toyota's petrol-electric and plug-in hybrid vehicles.

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  • Ford To Shift Midsize Sedan Production Out Of Mexico

    Ford To Shift Midsize Sedan Production Out Of Mexico

    ReutersBy Reuters•Dec 17, 2017 08:28 PM•1 min read

    Ford said it would invest more than 750 million euros ($887 million) in Valencia to produce a new generation of its Kuga sport utility vehicle.

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  • Volkswagen Bank Expects Profits To Rise In 2017 Despite Diesel Scandal

    Volkswagen Bank Expects Profits To Rise In 2017 Despite Diesel Scandal

    ReutersBy Reuters•Dec 14, 2017 04:38 PM•1 min read

    The financial arm of German carmaker Volkswagen said on Wednesday that it expects a rise in operating profit in 2017, despite a diesel scandal that has rocked the industry. Volkswagen Financial Services said 2017 profit would exceed a record 2.1 billion euros ($2.47 billion) in 2016.

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  • Audi CEO Drops Plan To Sell Ducati

    Audi CEO Drops Plan To Sell Ducati

    ReutersBy Reuters•Dec 12, 2017 09:55 PM•1 min read

    The plans had already stalled in the summer when VW's powerful labour unions, backed by the controlling Porsche-Piech families, opposed the logic and need for asset sales given the group's financial resilience.

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  • Ford To Test New Self-Driving Vehicle Technology In 2018

    Ford To Test New Self-Driving Vehicle Technology In 2018

    ReutersBy Reuters•Dec 11, 2017 04:58 PM•1 min read

    Ford would test self-driving prototypes in various pilot programs with partners such as Lyft, the ride Services Company in which rival General Motors Co owns a minority stake, and Domino's Pizza Inc.

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  • Italian Fund Denies Seeking To Raise Stake In Aston Martin

    Italian Fund Denies Seeking To Raise Stake In Aston Martin

    ReutersBy Reuters•Dec 11, 2017 04:45 PM•1 min read

    The report had added that the fund, led by founder Andrea Bonomi, was to buy shares from other stakeholders, including a consortium of Kuwaiti investors, which currently holds 54.5 percent, Daimler and the group's management.

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  • Volkswagen Executive Gets 7 Years Jail Time For Emissions Fraud In The US

    Volkswagen Executive Gets 7 Years Jail Time For Emissions Fraud In The US

    ReutersBy Reuters•Dec 9, 2017 06:51 PM•1 min read

    A US-based Volkswagen AG executive who oversaw emissions issues was sentenced to seven years in prison and fined $400,000 by a judge on Wednesday for his role in a diesel emissions scandal that has cost the German automaker as much as $30 billion.

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  • Ford To Launch 50 New Vehicles In China By 2025

    Ford To Launch 50 New Vehicles In China By 2025

    ReutersBy Reuters•Dec 5, 2017 10:04 PM•1 min read

    China is pushing automakers toward electric and hybrid petrol-electric vehicles, setting tough quotas for NEVs that come into play in 2019, and has signalled a longer-term shift away from traditional internal combustion engine cars.

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  • BMW Expects Jump In Electric Car Sales In 2018

    BMW Expects Jump In Electric Car Sales In 2018

    ReutersBy Reuters•Dec 5, 2017 04:33 PM•1 min read

    BMW earlier this year teamed up with U.S. chipmaker Intel and Israel-based camera specialist Mobileye to develop autonomous driving technologies.

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  • Nissan Sues India Over Outstanding Dues; Seeks Over $770 Million

    Nissan Sues India Over Outstanding Dues; Seeks Over $770 Million

    ReutersBy Reuters•Dec 1, 2017 04:30 PM•1 min read

    According to the notice, Nissan said repeated requests to state officials for the payment, due in 2015, were overlooked and even a plea by the company's chairman, Carlos Ghosn, to Modi in March of last year seeking federal assistance did not yield any results.

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  • DHL Orders 10 Tesla Semi Electric Truck For Testing

    DHL Orders 10 Tesla Semi Electric Truck For Testing

    ReutersBy Reuters•Nov 30, 2017 11:16 PM•1 min read

    The Semi, scheduled for rollout in 2019, is Tesla's next step to move the economy away from fossil fuels through electric cars, solar roofs and power storage.

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  • BMW Looking For Partners To Develop Electric Small Cars

    BMW Looking For Partners To Develop Electric Small Cars

    ReutersBy Reuters•Nov 29, 2017 10:17 PM•1 min read

    Chinese automaker Great Wall Motor Co said last month it was discussing a possible venture to build Mini vehicles in China.

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  • Hyundai Korea Workers Resume Production Of Kona SUV After Two-Day Strike

    Hyundai Korea Workers Resume Production Of Kona SUV After Two-Day Strike

    ReutersBy Reuters•Nov 29, 2017 06:37 PM•1 min read

    The South Korean automaker has halted plans for now to produce the Kona at their plant in Ulsan, 380 kilometers southeast of Seoul, on a second assembly line at one of its domestic factories.

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  • Volkswagen To Set Up Commercial Vehicles Venture In China

    Volkswagen To Set Up Commercial Vehicles Venture In China

    ReutersBy Reuters•Nov 28, 2017 04:58 PM•1 min read

    VW is looking along with its commercial vehicles division at deepening the cooperation with JAC to include the design, technology, product quality and development of multi-function vehicles.

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  • Automakers Struggle With The Future In Los Angeles

    Automakers Struggle With The Future In Los Angeles

    ReutersBy Reuters•Nov 27, 2017 04:37 PM•2 mins read

    Automakers on Monday will begin previewing new models for the media at an event called AutoMobility LA, reflecting an emphasis on digital technology and new ways to get around, such as self-driving cars.

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  • Apple Scientists Disclose Self-Driving Car Research

    Apple Scientists Disclose Self-Driving Car Research

    ReutersBy Reuters•Nov 22, 2017 04:10 PM•1 min read

    Scientists from Apple Inc have finally disclosed the research on self-driving cars, using fewer sensors. This is is possibly the first time that boffins at Apple have revealed its research on a public domain.

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  • Volvo Cars To Supply Uber With Up To 24,000 Self-Driving Cars

    Volvo Cars To Supply Uber With Up To 24,000 Self-Driving Cars

    ReutersBy Reuters•Nov 21, 2017 04:33 PM•1 min read

    The non-binding framework deal could offer San Francisco-based Uber a way to overcome setbacks at its autonomous driving division in Silicon Valley's race to perfect self-driving systems.

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  • Driverless Cars Set For UK Budget Boost

    Driverless Cars Set For UK Budget Boost

    ReutersBy Reuters•Nov 20, 2017 09:05 PM•1 min read

    The ministry said a new 400 million pound ($530 million) Charging Infrastructure Investment Fund would also be created, improving access to finance for businesses to develop charge points across the UK. Also 100 million pounds would be provided in grants to help people buy battery-electric vehicles.

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  • Around 415,000 Volkswagen Vehicles Probed For Air Bag Problems In US

    Around 415,000 Volkswagen Vehicles Probed For Air Bag Problems In US

    ReutersBy Reuters•Nov 18, 2017 12:31 AM•1 min read

    The investigation covers eight models from the 2010-2014 time-frames, including the Jetta, Tiguan, Golf and Passat.

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