WASHINGTON, Jan 22- Tesla Inc and the state of Michigan confirmed Wednesday they have resolved the company's 2016 lawsuit challenging the state's refusal to allow the company to sell vehicles directly to consumers. The Michigan Attorney General Dana Nessel's office said a resolution filed in U.S. District Court recognizes "that any Michigan resident may...
Jan 21- Tesla Inc has reached a settlement with Michigan to allow the electric-car maker to directly deliver its vehicles to customers in the state, a person familiar with the agreement said on Tuesday. The company will be able to deliver vehicles within Michigan, but will have to issue titles for the vehicles in another state, which the customers can then...
SAN FRANCISCO, Jan 17- Michigan's Democratic governor has urged Facebook Chief Executive Mark Zuckerberg to step up efforts to check hate speech on the social network and protect the security of elections, citing attacks on legislators from the state. "Of late, hundreds of vitriolic, sexist and violent posts on Facebook have called for violence against Muslims...
Companies including Amazon, Nike, Warby Parker and Marriott express disappointment after Tennessee Gov. Lee's announcement he will sign an anti-LGBTQ adoption bill into law.
WASHINGTON, Jan 17- Toyota Motor Corp said on Friday it will move production of its mid-size Tacoma pick-up truck from the United States to Mexico as it adjusts production around North America. Toyota has been building Tacoma trucks at its Baja California plant in Mexico since 2004. In February, Fiat Chrysler Automobiles NV said it was reversing plans to shift...
MILAN, Jan 17- Automaker Fiat Chrysler plans to set up a joint venture with the parent of iPhone assembler Foxconn to build electric cars and develop internet-connected vehicles in China, as it looks to make up ground in electric mobility. FCA confirmed on Friday it was in talks with Hon Hai on the potential creation of a 50-50 joint venture to develop new...
MILAN, Jan 17- Automaker Fiat Chrysler plans to set up a joint venture with the parent of iPhone assembler Foxconn to build electric cars and develop internet-connected vehicles in China, as it looks to make up ground in electric mobility. FCA confirmed on Friday it was in talks with Hon Hai on the potential creation of a 50-50 joint venture to develop new...
MILAN, Jan 16- Italian American automaker Fiat Chrysler and the parent of iPhone assembler Foxconn plan to set up a joint venture to manufacture electric vehicles and to engage in the business of wirelessly connected vehicles, Hon Hai said on Thursday. Fiat Chrysler and Taiwan's Hon Hai are negotiating a 50-50 joint venture, Hon Hai said in a statement.
MILAN, Jan 16- Italian American automaker Fiat Chrysler and Taiwan's Hon Hai plan to set up a joint venture to manufacture electric vehicles and to engage in the business of wirelessly connected vehicles, Hon Hai said on Thursday. Fiat Chrysler and Hon Hai are negotiating to set up a 50-50 joint venture, Hon Hai said in a statement. It added Hon Hai would hold its 50%...
Jan 15- General Motors Co. said on Wednesday more than 1,350 hourly employees at its assembly plants in the United States will transition into full-time roles in the first quarter of 2020.. The employees are from 14 General Motors manufacturing facilities in Michigan, Indiana, New York, Texas, Tennessee, Missouri, Kansas and Kentucky, the company said in a...
Jan 11- At least 10 people died, more than 1,000 flights were canceled and hundreds of thousands were without power in five states on Saturday as a massive winter storm system dumped snow, freezing rain and hail from Texas to Michigan. Hurricane-force wind gusts, golf-ball-sized hail and 2 to 5 inches of snow fell on Friday night and early Saturday as storms pushed...
Jan 11- At least nine people died, more than 1,000 flights were canceled and hundreds of thousands were without power in five states on Saturday as a massive winter storm system dumped snow, freezing rain and hail from Texas to Michigan. Hurricane-force wind gusts, golf-ball-sized hail and 2 to 5 inches of snow fell on Friday night and early Saturday as storms...
Jan 11- At least nine people died, more than 1,000 flights were canceled and hundreds of thousands were without power in seven states on Saturday as a massive winter storm system dumped snow, freezing rain and hail from Texas to Michigan. Hurricane-force wind gusts, golf-ball-sized hail and 2 to 5 inches of snow fell on Friday night and early Saturday as storms...
Jan 11- At least four people died, more than 1,000 flights were canceled in Chicago, hundreds more across the Central Plains and Northeast, and thousands were without power in parts of seven states, as a massive winter storm dumped snow, freezing rain and hail from Texas to Michigan on Saturday. Hurricane-force wind gusts, golf-ball-sized hail and between 2- to-5...
LAS VEGAS, Jan 9- Technology companies transformed smartphones and televisions into continuous fountains of revenue. Now, big tech wants to work with automakers to do the same thing for your car. Its absolutely huge, General Motors Co President Mark Reuss said in December of the opportunities to generate revenue after a vehicle is sold by providing streamed...
The Silicon Valley electric car maker's stock jumped nearly 5% on Wednesday, closing at a record $492.14 per share and elevating its market capitalization to almost $89 billion, or $2 billion larger than the sum of General Motors' and Ford's respective market caps of $50 billion and $37 billion. Fueled by a surprise third-quarter profit, progress at a new...
*Ghosn's lawyers in Japan block seizure of computer. The once-feted executive, who was awaiting trial in Tokyo on charges of financial misconduct and is now in Lebanon which has no extradition treaty with Japan, was allowed to use internet only under his lawyers' supervision under his bail conditions. His daring escape involved slipping away from his Tokyo...
Jan 8- Ousted Nissan boss Carlos Ghosn says he fled to Lebanon last week to escape a "rigged" justice system in Japan, where he believed he would not get a fair trial. His stunning escape from Japan sees him join the ranks of other former or current corporate executives with pending extradition requests by foreign countries. U.S. prosecutors in Detroit issued a...
*Ghosn's lawyers in Japan block seizure of computer. The once-feted executive, who was awaiting trial in Tokyo on charges of financial misconduct and is now in Lebanon which has no extradition treaty with Japan, was allowed to use internet only under his lawyers' supervision under his bail conditions. His daring escape involved slipping away from his Tokyo...
DETROIT/ LAS VEGAS, Jan 7- Self-driving cars employ lidar, a remote sensing technology using pulsed laser light the way radar uses radio waves, and lidar makers waiting for the automotive market to take off are courting new customers who would use the technology for everything from monitoring cattle to helping a disc jockey synchronize dance music.
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