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Under pressure on U.S. jobs, Ford tries new gambit with Trump
November 19, 2016 by publisher · Leave a Comment
Ford Motor Co , one of Donald Trump's prime corporate targets on the campaign trail, offered the President-elect a chance to claim a victory late on Thursday by informing him it would not shift production of a Lincoln sport utility vehicle to Mexico from Kentucky. Trump jumped at the chance, claiming in…
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Under pressure on U.S. jobs, Ford tries new gambit with Trump
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Volkswagen says it might not resume U.S. sales of diesel vehicles
September 14, 2016 by admin · Leave a Comment
By David Shepardson WASHINGTON (Reuters) – Volkswagen AG said on Wednesday it has not decided if it will resume selling diesel vehicles in the United States, even if it were allowed to, in the wake of the automaker's emissions cheating scandal. The German automaker has been barred from selling diesel vehicles in the United States since late 2015 after it acknowledged using “defeat devices” to evade U.S. diesel emissions standards. The company is in talks with U.S. regulators but approval to…
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Volkswagen says it might not resume U.S. sales of diesel vehicles
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Mondelez abandons pursuit of U.S. chocolate maker Hershey
August 30, 2016 by elegant · Leave a Comment
The abandoned deal, which would have created the world's largest confectioner, underscores the grip that a charitable trust has on the maker of Hershey's Kisses and Reese's Peanut Butter Cups. The trust which controls Hershey was set up by the company's founder over a century ago to fund and run a school for underprivileged children. Hershey rejected a $107 per share acquisition offer from Mondelez at the end of June.
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Mondelez abandons pursuit of U.S. chocolate maker Hershey
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Japan government finds Mitsubishi overstated mileage for eight more models
August 30, 2016 by publisher · Leave a Comment
Japan's transport ministry on Tuesday ordered Mitsubishi Motors Corp to stop domestic sales of eight vehicle models after an investigation found the automaker overstated their fuel economy, the second
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Japan government finds Mitsubishi overstated mileage for eight more models
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Exclusive: Hyundai raids Bentley to turbo-charge Genesis luxury drive
May 16, 2016 by admin · Leave a Comment
By Norihiko Shirouzu BEIJING (Reuters) – After poaching Bentley's design chief last year, Hyundai Motor Co is set to announce it has also secured the services of the luxury marque's exterior designer. Korean Sangyup Lee is being brought in to work with Luc Donckerwolke, a Peruvian-born Belgian, to lead Hyundai's development of its Genesis premium car brand – a project driven by Chung Euisun, heir-apparent to the Hyundai Group. Hyundai Motor, which sells some…
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Exclusive: Hyundai raids Bentley to turbo-charge Genesis luxury drive
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United Airlines gate agents, baggage handlers approve new contract
April 17, 2016 by publisher · Leave a Comment
United Continental Holdings Inc and its union said Saturday that workers voted in favor of contracts hiking the pay of some 30,000 baggage handlers, gate agents and other groups, a dramatic reversal from a year ago when the No.3 U.S. airline mulled outsourcing some of these jobs. The news marks a vote of confidence by…
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United Airlines gate agents, baggage handlers approve new contract
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Volkswagen increases discounts after emissions scandal: report
April 17, 2016 by admin · Leave a Comment
Volkswagen AG is offering bigger discounts in its home market to try to lure back customers after the automaker admitted using software to allow diesel vehicles to cheat emissions tests, a German trade magazine reported on Saturday. Germany's Automobilwoche said Volkswagen was trying to boost the used car trade by raising
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Volkswagen increases discounts after emissions scandal: report
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Exclusive: Honda and Takata’s stealth airbag fix
March 24, 2016 by admin · Leave a Comment
In August of 2009, after ruptured airbag inflators in Honda vehicles were linked to least four injuries and a death, the automaker quietly requested a design change and did not notify U.S. regulators, Honda confirmed in response to inquiries from Reuters. Honda Motor Co asked supplier Takata Corp to produce a “fail-safe” airbag inflator, according to Takata presentations and internal memos reviewed by Reuters. The previously …
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Exclusive: Honda and Takata’s stealth airbag fix
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Porsche, more Audi models pulled into VW emissions scandal
November 2, 2015 by creative · Leave a Comment
By Patrick Rucker and Timothy Gardner WASHINGTON (Reuters) – Volkswagen used devices to cheat air pollution tests in diesel luxury vehicles, U.S. environmental regulators said on Monday, in a new blow to the automaker already reeling from similar allegations regarding…
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Porsche, more Audi models pulled into VW emissions scandal