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  • Newswire

    UPDATE 1-Ford to give other automakers access to its EV technologies  

    (Adds details) May 28 (Reuters) - Ford Motor Co said it would give other automakers access to its electrified vehicle technologies for a fee to accelerate research and development of such vehicles. Ford has more than 650 EV patents and about 1,000 pending patent applications on EV technologies, the company said on Thursday. (http://ford.to/1d1bwG2)...More
  • Newswire

    UPDATE 1-Opel CEO rules out deal with Fiat  

    * Opel CEO sees need to improve volume, scale, utilisation * More potential within GM than from Peugeot cooperation * Says eyeing high-def maps, Nokia not the only supplier (Adds comments on Nokia maps) By Edward Taylor RUESSELSHEIM, Germany, May 28 (Reuters) - Opel CEO Karl-Thomas Neumann on Thursday ruled out a deal with Fiat but said he sees the need to improve volume, scale and utilisation in the auto industry and at Opel....More
  • Newswire

    China's BYD to Raise Funds for Expansion Plans  

    The Chinese automaker, which is backed by U.S. investor Warren Buffett's firm, reportedly plans to raise RMB12 billion to raise battery-production capacity and develop new models....More
  • Newswire

    Source Says Lamborghini to Make SUV in Italy  

    A source familiar with the negotiations between the Italian government and Lamborghini says the Volkswagen-owned supercar manufacturer seeks up to €90 million in tax breaks and incentives for the project....More
  • Newswire

    UPDATE 2-Tata Motors net profit down 56 pct as Jaguar Land Rover Chinese sales drop  

    * Net profit 17.17 bln rupees vs 40.95 bln rupees forecast * JLR unit profit falls by a third * Analyst estimates forex loss of about 220 mln pounds (Adds executive comment, details) By Zeba Siddiqui and Aditi Shah MUMBAI/NEW DELHI, May 26 (Reuters) - Tata Motors Ltd , India's biggest automaker by revenue, reported a surprise 56 percent drop in quarterly net profit on Tuesday, hit by cooling demand for its sleek Jaguar saloons and sporty Range Rovers in the key Chinese market....More

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