Newswire

  • Newswire

    Brazil voices concern at US steel barriers, Chile shipping treaty  

    BRASILIA, Sept 28 (Reuters) - Brazil is consulting with the World Trade Organization about U.S. barriers to Brazilian steel exports, Foreign Minister Jose Serra told journalists on Wednesday. Serra also said he was awaiting feedback from the Transportation Ministry about lodging a formal complaint against a maritime treaty with Chile that appears to be pushing up shipping costs compared to its more distant neighbors. (Reporting by Lisandra Paraguassu; Writing by Brad Haynes; Editing by Daniel Flynn)...More
  • Newswire

    SAFT-ON-WEALTH-Against Elon Musk and investment heroism  

    (James Saft is a Reuters columnist. The opinions expressed are his own.) By James Saft Sept 28 (Reuters) - When I first heard Elon Musk had asked his audience if they were willing to die in a great endeavor, I assumed he was speaking to shareholders. That wasn't the case. The visionary founder of Tesla, SpaceX and SolarCity was actually talking about the risks participants in his planned voyage to Mars must be willing to face. Still, "same difference," as they say back home in Chicago....More
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    UPDATE 1-VW CEO: Hopeful for deal with U.S. authorities by end of the year  

    (Adds comments from Volkswagen CEO; background on Volkswagen diesel litigation) By Ilona Wissenbach PARIS, Sept 28 (Reuters) - Volkswagen AG Chief Executive Matthias Mueller said on Wednesday he is hopeful the German automaker can reach agreement by the end of the year with the U.S. government on the size of a fine to settle a criminal investigation of the company's alleged violations of U.S. clean air laws....More
  • Newswire

    VW CEO: Hopeful for deal with U.S. authorities by end of the year  

    By Ilona Wissenbach PARIS, Sept 28 (Reuters) - Volkswagen AG Chief Executive Matthias Mueller said Wednesday he is hopeful that the German automaker can reach agreement by the end of the year with the U.S. government on the size of a fine to settle an investigation of the company's alleged violations of U.S. clean air laws....More
  • Newswire

    VW CEO: Hopeful for deal with U.S. authorities by end of the year  

    By Ilona Wissenbach PARIS, Sept 28 (Reuters) - Volkswagen AG Chief Executive Matthias Mueller said Wednesday he is hopeful that the German automaker can reach agreement by the end of the year with the U.S. government on the size of a fine to settle an investigation of the company's alleged violations of U.S. clean air laws....More
  • Newswire

    UPDATE 1-Kelley Blue Book sees September U.S. auto sales down 2 percent  

    (Adds other consultants' forecasts) DETROIT, Sept 28 (Reuters) - Auto industry consultancy Kelley Blue Book said on Wednesday it expected that September U.S. auto sales fell 2 percent from a year ago, at 1.41 million vehicles, for a seasonally adjusted annualized rate of 17.4 million vehicles. Major auto manufacturers will report U.S. sales for September on Monday....More
  • Newswire

    Daimler says working on new "hypercar", new performance models  

    PARIS, Sept 28 (Reuters) - Daimler on Wednesday said it was working on a new "hypercar" and also plans to expand its range of upmarket AMG Mercedes-Benz performance cars by at least 10 models. The hypercar, due to be produced in about 2.5 years' time, will have the powertrain of the current Mercedes-Benz Formula 1 car with a modified gearbox and it will be made from carbon fibre....More
  • Newswire

    Kelley Blue Book sees September U.S. auto sales down 2 percent  

    DETROIT, Sept 28 (Reuters) - Auto industry consultancy Kelley Blue Book said on Wednesday that it expected that September U.S. auto sales fell 2 percent from a year ago, at 1.41 million vehicles, for a seasonally adjusted annualized rate of 17.4 million vehicles. Major auto manufacturers will report U.S. sales for September on Monday. (Reporting by Bernie Woodall; Editing by Richard Chang)...More
  • Newswire

    BRIEF-Edmunds.com expects September U.S. auto sales to fall 1.7 pct  

    Sept 28 (Reuters) - Edmunds.com: * Edmunds.com sees September U.S. auto sales down 1.7 percent from year earlier, at 1,414,632 new vehicles * Edmunds.com sees September U.S. auto sales at 17.5 million at seasonally adjusted annualized rate Source text - http://edmu.in/YLoX5h...More
  • Newswire

    Motor racing-McLaren secure Formula E battery contract  

    By Alan Baldwin LONDON, Sept 28 (Reuters) - McLaren Applied Technologies has been chosen to supply batteries to the Formula E electric car racing series in the 2018-19 and 2019-20 seasons, the governing International Automobile Federation (FIA) said on Wednesday. Season five, in 2018-19, is due to be a breakthrough for the series with the batteries developed sufficiently for drivers to complete a race with one car rather than having to pit and change mid-race as at present....More
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