Tesla among the least reliable in Consumer Reports annual survey
By Michael Elkins Consumer reports magazine on Tuesday released their annual reliability survey with Tesla (NASDAQ:TSLA) and other electric vehicles ranking among the least...
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Asian Stocks Down, Bets on Fed Interest Rate Hikes Continue Upward Trend
By Gina Lee Investing.com – Asia Pacific stocks were mostly down on Monday morning, while U.S. futures were down, as bets that the U.S. Federal Reserve will hike interest rates also weighed...
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Ford, GM juggle today's challenges with tomorrow's promises
By Joseph White and Paul Lienert DETROIT (Reuters) - General Motors Co (NYSE:GM) and Ford Motor (NYSE:F) Co are expected to report next week they turned solid profits for the last quarter...
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Renault-Nissan to do more together in $26 billion electric bet
By Tim Kelly and Gilles Guillaume TOKYO/PARIS (Reuters) -Renault and Nissan will work more closely together to make electric cars, they said on Thursday, as they detailed a $26 billion...
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Hyundai Motor expects vehicle production to rebound in H1 as chip supply improves
By Heekyong Yang and Joyce Lee SEOUL (Reuters) -South Korea's Hyundai Motor Co forecast on Tuesday its vehicle production would rebound in the first half of this year as a global chip...
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Sony seeks new partners for transformative EV project -executive
By Tim Kelly and Shinji KitamuraTOKYO (Reuters) -Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform...
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Ford posts 7% fall in 2021 U.S. auto sales
(Reuters) -Ford Motor Co reported a 6.8% fall in 2021 U.S. vehicle sales on Wednesday, as the automaker struggled to deliver its cars and trucks due to lingering supply-chain bottlenecks...
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Ford, GM shares jump as electric truck battle heats up
By Noel Randewich and Paul Lienert DETROIT (Reuters) - Shares of Ford Motor (NYSE:F) and General Motors (NYSE:GM) surged on Tuesday, lifted by investors' growing enthusiasm about their...
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Tesla's bumper delivery numbers charge up shares
By Nivedita Balu and Aniruddha Ghosh (Reuters) -Tesla Inc's shares started the year with stellar gains after the electric carmaker reported record deliveries for the fourth quarter,...
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Japan shares lower at close of trade; Nikkei 225 down 0.73%
Investing.com – Japan equities were lower at the close on Tuesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares lower. At the close in Tokyo, the...
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Exclusive-SEC probes Tesla over whistleblower claims on solar panel defects
By Hyunjoo Jin and Chris Prentice SAN FRANCISCO/WASHINGTON (Reuters) - The U.S. securities regulator has opened an investigation into Tesla (NASDAQ:TSLA) Inc over a whistleblower complaint...
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Nissan unveils $18 billion electrification push in bid to draw level with rivals
By Tim Kelly YOKOHAMA (Reuters) - Nissan Motor Co announced it will spend 2 trillion yen ($17.59 billion) over five years to accelerate vehicle electrification to catch up with competitors...
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Detroit's Big Three automakers lag industry on fuel economy
By David Shepardson WASHINGTON (Reuters) -Detroit's Big Three automakers, General Motors (NYSE:GM), Ford Motor (NYSE:F) Co and Chrysler parent Stellantis lag other automakers in fuel...
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U.S. Senate Democrat Manchin opposes $4,500 EV union tax credit
By David Shepardson WASHINGTON (Reuters) -Democratic Senator Joe Manchin said on Thursday he opposes a proposal in President Joe Biden's $1.75 trillion social spending and climate...
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Exclusive: Global carmakers now target $515 billion for EVs, batteries
By Paul Lienert and Tina Bellon (Reuters) - Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters...
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COP26 aims to banish coal. Asia is building hundreds of power plants to burn it
By Sudarshan Varadhan and Aaron Sheldrick UDANGUDI, India/TOKYO (Reuters) - On the coastline near India's southern tip, workers toil on a pier carrying a conveyor belt that cuts a mile into...
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COP26 aims to banish coal. Asia is building hundreds of power plants to burn it
By Sudarshan Varadhan and Aaron Sheldrick UDANGUDI, India/TOKYO (Reuters) - On the coastline near India's southern tip, workers toil on a pier carrying a conveyor belt that cuts a mile into...
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Tesla EV sales boom in Singapore, pushing rivals' models off the streets
By Chen Lin SINGAPORE (Reuters) - In wealthy Singapore, where new vehicle registration is tightly controlled to manage the city state's traffic and pollution, Tesla (NASDAQ:TSLA) Inc is...
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Factbox-Tesla market cap eclipses that of top 5 rival carmakers combined
(Reuters) - Tesla (NASDAQ:TSLA) Inc surpassed $1 trillion in market value on Monday, overshadowing the combined value of five of its biggest rivals, Toyota Motor Corp (T:7203), Volkswagen...
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Weekly Comic: Inflation Ghosts Rattle Their Supply Chains
By Geoffrey Smith Investing.com -- Want to scare people at the Hallowe’en party this year? Trying going dressed up as that scariest of all things right now – a global supply chain. But...
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Tesla zooms past $1 trillion market cap on bet that the EV future is now
By Subrat Patnaik, Sanjana Shivdas and David Shepardson (Reuters) -Tesla Inc surpassed $1 trillion in market value on Monday after landing its biggest-ever order from rental car company...
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World stocks notch best day in 5 months; oil, govt bond yields up
By Koh Gui Qing NEW YORK (Reuters) - Stocks surged globally on Friday in their best day in five months as strong U.S. corporate earnings reports fueled optimism about the economy, though...
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Price pinch: global economy caught in perfect storm
By Guy Faulconbridge, Andrew MacAskill, Daniel Leussink and Leika Kihara LONDON/TOKYO (Reuters) - From beef bowls in Tokyo to fried chicken in London, consumers are starting to feel the...
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Hyundai Motor aims to develop chips, cut reliance on chipmakers
By Hyunjoo JinSAN FRANCISCO (Reuters) -Hyundai Motor's global chief operating officer said on Wednesday the South Korean automaker wants to develop its own chips to reduce reliance on...
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More than 100 U.S. lawmakers urge Pelosi to back union EV tax credit
By David Shepardson WASHINGTON (Reuters) -More than 100 U.S. House lawmakers on Tuesday urged Speaker Nancy Pelosi to keep a $4,500 tax credit incentive for union-built electric vehicles...
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Tesla moving headquarters to Texas from California
(In story from Thursday, clarifies in second paragraph that company is Hewlett Packard Enterprise) By Hyunjoo Jin and Subrat Patnaik SAN FRANCISCO (Reuters) -Tesla Inc Chief Executive Elon...
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Factbox-EV and battery makers target $24 billion for southern U.S. plants
By Paul Lienert (Reuters) - The center of gravity for U.S. auto manufacturing is moving south, with electric vehicle and battery makers planning to spend nearly $24 billion in new factories...
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Factbox-Electric-vehicle batteries: major players and their expansion plans
By Heekyong Yang SEOUL (Reuters) - The global auto industry's shift to electric vehicles (EVs) has spurred an expansion race among battery makers, and caused a growing a skills shortage....
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Foreign automakers ask U.S. House Democrats to reject union EV tax credit
By David Shepardson WASHINGTON (Reuters) - A group of 12 major foreign automakers, including Toyota Motor Corp (T:7203), Volkswagen (DE:VOWG_p) AG, Hyundai Motor Co and Nissan Motor Co,...
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Tesla pushes U.S. to boost fuel economy penalties
By David Shepardson WASHINGTON (Reuters) - Tesla (NASDAQ:TSLA) Inc is pressing President Joe Biden's administration and a U.S. appeals court to move quickly to hike civil penalties for...
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Explainer: Why investigators are still probing Takata air bag inflators
By David Shepardson and Paul Lienert (Reuters) - Why are U.S. auto safety regulators opening a new investigation into Takata air bag inflators installed in millions of vehicles built over...
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U.S. agency confirms air bag safety probe into 30 million vehicles
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety investigators said on Tuesday they have opened a probe into 30 million vehicles built by nearly two dozen automakers that have...
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U.S. opens probe into 30 million vehicles over air bag inflators
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective...
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U.S. asks 12 automakers for assistance in Tesla probe
By David Shepardson WASHINGTON (Reuters) - The U.S. auto safety regulator said Tuesday it has asked 12 major automakers for assistance as part of its probe into crashes involving Tesla...
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Tesla, Toyota spar with Ford, UAW over EV tax bill
By David ShepardsonWASHINGTON (Reuters) -Toyota Motor Corp (T:7203) and Tesla (NASDAQ:TSLA) clashed with Ford Motor (NYSE:F) Co and the United Auto Workers (UAW) union over a proposal by...
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