United Kingdom


Automakers rev up U.S. assembly lines, wary of outside risks to workers

福利网站Automakers are speeding up U.S. assembly lines to meet recovering demand, increasingly confident coronavirus safety protocols are working to prevent outbreaks in their plants but wary of the challenges workers face outside.

Ford to offer hands-free driving in 2021 - six years after Tesla

福利网站Ford Motor Co said on Thursday that it will offer hands-free driving on its new Mustang Mach-E in fall 2021, six years after Tesla Inc and four years after General Motors Co introduced similar systems.

Glass Lewis joins ISS in opposing Tesla chairwoman's re-election to board

Glass Lewis said on Thursday that it urged Tesla Inc investors to vote against re-electing Chairwoman Robyn Denholm to the company's board, making it the second proxy advisory firm to oppose her appointment.

Geely Automobile steps toward mainland China listing; HK shares surge

福利网站Geely Automobile Holdings Ltd said its board has approved a preliminary proposal to list new renminbi shares on mainland China's Nasdaq-like STAR board, sending its Hong Kong-listed shares up as much as 7% on Thursday.

Parcel delivery firm DPD to hire 6,000 UK workers to meet online retail boom

Parcel delivery firm DPD said on Thursday it would create 6,000 new UK-based jobs and increase investment in infrastructure to meet a boom in online shopping caused by the COVID-19 pandemic and a possible longer-term shift in retail habits.

Racing Point get 2020 F1 car on track at Silverstone

Racing Point became the first Formula One team to get their 2020 car on track after the COVID-19 shutdown when Lance Stroll took part in a limited-mileage private test at Silverstone on Wednesday.

No injuries as PM Johnson's car shunted by security vehicle - Reuters witnesses

British Prime Minister Boris Johnson's car was shunted by a security vehicle outside parliament on Wednesday when Kurdish protesters ran into the road, two Reuters witnesses said.

FCA moves closer to state guarantee for €6.3 billion loan: source

福利网站Italy's Treasury has taken a further step towards approving a state guarantee for a 6.3 billion euro (£5.7 billion) loan for Fiat Chrysler's Italian unit, a government source told Reuters on Wednesday.

EU worried Fiat-PSA deal may hit competition in vans

Fiat Chrysler and Peugeot maker PSA's proposed merger may harm competition in small vans in 14 EU countries and Britain, EU antitrust regulators said on Wednesday as they opened a four-month investigation into the deal.

European new car sales fall 56.8% in May - ACEA

European passenger car sales slumped in May but the drop was not as sharp as in the previous month because of an easing of restrictions imposed to contain the coronavirus pandemic, industry data showed on Wednesday.

Japan's exports fall most since 2009 as U.S. demand slumps

福利网站Japan's exports fell in May at the fastest pace since the global financial crisis as U.S.-bound car shipments plunged, bolstering expectations for a deeper contraction in the world's third-largest economy this quarter.

Tesla signs three-year pricing deal with battery cell maker Panasonic

Tesla Inc has signed a three-year pricing deal with Japan's Panasonic Corp relating to the manufacture and supply of lithium-ion battery cells at the Gigafactory in Nevada, the electric carmaker disclosed in a filing on Tuesday.

Volkswagen to pay $267 million for Audi buyout

Volkswagen will pay a 48% premium to buy out the minority shareholders of premium division Audi , Audi said on Tuesday.

Green plates for green cars: Britain boosts zero-emission transport

LONDON (Thomson Reuters Foundation) - Britain will introduce a distinctive number plate for electric cars later this year to promote cleaner vehicles, the transport secretary said on Tuesday, as the country targets net-zero greenhouse gas emissions by 2050.

AB Volvo to cut white-collar workforce by 4,100 jobs as pandemic weighs

福利网站Truck- and construction equipment maker AB Volvo plans to cut its white-collar workforce by around 4,100 positions during the second half of 2020, it said in a statement on Tuesday, citing the effects of the COVID-19 pandemic.

Renault to cut 1,500 engineering jobs in France - union source

French carmaker Renault plans to cut 1,500 engineering jobs in France, a trade union source told Reuters on Tuesday.

Volkswagen invests extra $200 million in U.S. battery company QuantumScape

Volkswagen is increasing its stake in U.S. company QuantumScape by up to $200 million (£158 million) to boost the development of solid-state battery technology that aims to increase the ranges of electric cars and shorten charging times, the German carmaker said http://bit.ly/2BcvqPY on Tuesday.

Factbox: Pandemic-hit British firms lay off tens of thousands

福利网站British companies have announced tens of thousands of job cuts since being forced into lockdown by the coronavirus pandemic.

GM CEO optimistic on U.S. demand, China, EV profitability

General Motors Co's top executive struck an optimistic note on Monday about U.S. new vehicle demand despite the coronavirus pandemic, and the ability to sell electric vehicles at a profit, especially in China.

View More

Business News Video

Transportation News