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Nissan top executive Seki to resign in blow to turnaround plan

福利网站The executive tasked with leading a recovery at Nissan Motor Co Ltd said he had decided to resign just weeks into his new job, a move that could disrupt the automaker's push to turn the corner on scandal and slumping sales.

China to lower import tariffs on frozen pork, avocados from January 1

China will lower tariffs on products ranging from frozen pork and avocado to some types of semiconductors next year as Beijing looks to boost imports amid a slowing economy and a trade war with the United States.

In win for Uber, Lyft, judge strikes down New York City's cruising cap

福利网站A New York state judge on Monday ruled in favor of Uber Technologies Inc and Lyft Inc in a lawsuit against New York City, striking down a new rule limiting how much time drivers for ride-hailing services can spend cruising streets in busy areas of Manhattan without passengers.

BMW says being investigated by U.S. SEC

福利网站German automaker BMW AG said on Monday it was being investigated by the U.S. Securities and Exchange Commission following a report of a probe related to the company's sales practices.

Electric vehicle startup Rivian scores $1.3 billion investment from T.Rowe Price, others

Electric vehicle startup Rivian said on Monday it closed a $1.3 billion (1.01 billion pounds) investment round, led by fund manager T. Rowe Price but also including existing investors online retailer Amazon.com Inc and No. 2 U.S. automaker Ford Motor Co.

Exclusive: Tesla to take new $1.4 billion loan from Chinese banks for Shanghai factory - sources

U.S. electric vehicle maker Tesla Inc and a group of China banks have agreed a new 10 billion yuan (1.08 billion pounds), five-year loan facility for the automaker's Shanghai car plant, three sources familiar with the matter said, part of which will be used to roll over an existing loan.

'So high' - Tesla shares cross $420 mark over a year after Musk buyout tweet

Tesla Inc shares traded above $420 on Monday, more than a year after Elon Musk tweeted he had "funding secured" to take the electric car maker private at that price, only to later give up under investor pressure and regulatory concerns.

Ferrari extend Leclerc's contract until 2024

Ferrari put their long-term faith in Charles Leclerc on Monday by extending the 22-year-old's contract for five more years until the end of 2024.

The Yankees are coming! U.S. firms rush to euro debt markets

福利网站From Harley Davidson to Colgate-Palmolive , U.S. companies are flocking to borrow in euros and their record issuance is breathing life into a market where yields have been hammered by the European Central Bank's renewed stimulus push.

Exclusive: U.S. talks with GM over deploying self-driving cars without steering wheels

福利网站The U.S. National Highway Traffic Safety Administration is holding talks with General Motors Co on the automaker's petition to deploy a limited number of self-driving vehicles on American roads without steering wheels or other human controls, the head of the agency said on Friday.

Tesla shares inch closer to Musk's $420 take-private offer

Shares of Tesla Inc hit a fresh record high for the third straight session on Friday, and were just $7 shy from the $420 per share price at which founder Elon Musk sought to take the electric carmaker private more than a year ago.

Fiat Chrysler unions received assurances on jobs, investment after merger

福利网站Unions at carmaker Fiat Chrysler said management had given assurances at a meeting on Friday on jobs and a 5 billion euro ($5.54 billion) investment plan in Italy following the group's planned merger with French rival PSA .

FCA sticks to investment plan for Italy, no redundancies - unions

Fiat Chrysler will stick to its 5 billion euro (£4.25 billion) 2020 investment plan for Italy, union officials said on Friday, adding that the group had confirmed a pledge to get all employees off furlough arrangements and back to work by 2022.

German economy likely to contract in fourth quarter, DIW says

The German economy probably shrank in the fourth quarter as export-oriented manufacturing continued to decline, the DIW economic institute said on Friday.

Mitsubishi, NTT to buy 30% stake in digital mapping company HERE

Digital mapping company HERE Technologies sold a 30% stake to Mitsubishi Corp and Nippon Telegraph and Telephone Corp (NTT) , diluting German carmakers' stake to 54% amid uncertainty about the profit potential from autonomous cars.

Volkswagen takes one-two punch in Australia with fine, lawsuit

Volkswagen AG took two raps in Australia on Friday as a court slapped a A$125 million (£66.09 million) fine on the German car maker as part of a global emissions cheating scandal and a regulator launched a civil lawsuit against a unit.

Hyundai to buy electric vehicle batteries from SK Innovation - report

福利网站Hyundai Motor and affiliate Kia Motors have decided to secure electric vehicle batteries from SK Innovation for the next four to five years, Maeil Business Newspaper said on Friday, citing industry sources.

Mahjong, cartoons coming to Tesla car screens in China next year

Tesla Inc said on Friday it will offer its Chinese customers more video and gaming content next year, marking the first time the automaker will offer internet-connected games in its vehicles.

FCA to sell Teksid cast iron unit to Brazil's Tupy for 210 million euros

福利网站Fiat Chrysler (FCA) agreed to sell its Teksid cast iron automotive components business to Brazilian Tupy for an enterprise value of 210 million euros (179.4 million pounds), the car maker said on Friday.

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