Newswire

  • Newswire

    UPDATE 1-Fine print in Trump solar tariff holds some good news for Tesla  

    (Adds analyst comment in paragraph 9, detail on Tesla's expectations in paragraph 5) By Nichola Groom LOS ANGELES, Jan 23 (Reuters) - Electric vehicle maker and solar installer Tesla Inc. said on Tuesday that it does not expect President Donald Trump's solar tariff to have much impact on its high-tech solar manufacturing ambitions, thanks to a clause exempting a vast amount of solar panel components from the levies....More
  • Newswire

    UPDATE 1-U.S. investigators to probe crash between Tesla vehicle, fire truck  

    (Adds no comment from Tesla, background) By David Shepardson WASHINGTON, Jan 23 (Reuters) - The U.S. National Transportation Safety Board (NTSB) said on Tuesday it was sending two investigators to examine the crash of a Tesla Inc vehicle apparently traveling in semi-autonomous mode and a fire truck in California. In a post on Twitter, the federal safety agency said the "field investigation" would examine both driver and vehicle factors in Monday's accident....More
  • Newswire

    Fine print in Trump solar tariff holds some good news for Tesla  

    By Nichola Groom LOS ANGELES, Jan 23 (Reuters) - Electric vehicle maker and solar installer Tesla Inc. said on Tuesday that it does not expect President Donald Trump's solar tariff to have much impact on its high-tech solar manufacturing ambitions, thanks to a clause exempting a vast amount of solar panel components from the levies....More
  • Newswire

    BRIEF-Workhorse Group Sees Total Revenue For Year Ended Dec 31, 2017 Up 69%  

    Jan 23 (Reuters) - Workhorse Group Inc: * WORKHORSE GROUP INC - ON JAN 23, CO HELD BUSINESS UPDATE CONFERENCE CALL‍​ - SEC FILING * WORKHORSE GROUP - DURING CALL, CO SAYS IT IS SEES TOTAL REVENUE FOR YEAR ENDED DEC 31, 2017 69% GREATER THAN TOTAL REVENUE FOR YEAR ENDED DEC 31, 2016 * WORKHORSE GROUP - DURING CALL, CO SAYS ORDER BACKLOG FOR 2018 IS EXPECTED TO EXCEED $12 MILLION BY THE END OF JANUARY 31, 2018 Source text: (http://bit.ly/2n1G5Cm) Further company coverage:...More
  • Newswire

    UPDATE 1-Texas Instruments fails to beat earnings estimates, shares fall  

    (Adds details, analyst reaction, share price) Jan 23 (Reuters) - Chipmaker Texas Instruments Inc's fourth-quarter earnings failed to exceed Wall Street expectations after several quarters of better-than-expected results, sending its shares down 5 percent on Tuesday. The Dallas-based company reported a 67 percent slump in profit to $344 million in the quarter ended Dec. 31, mainly due to tax-related expenses from new U.S. tax laws....More
  • Newswire

    Texas Instruments' profit dips 67 pct on tax expense  

    Jan 23 (Reuters) - Chipmaker Texas Instruments Inc's fourth-quarter profit slumped about 67 percent due to tax-related expenses resulting from new U.S. tax laws. The Dallas-based company said on Tuesday its net income fell to $344 million or 34 cents per share in the quarter ended Dec. 31, from $1.05 billion or $1.02 per share, a year earlier. Net revenue rose to $3.75 billion from $3.41 billion. (Reporting by Munsif Vengattil in Bengaluru; editing by Sai Sachin Ravikumar)...More
  • Newswire

    U.S. investigators to probe crash between Tesla vehicle and fire truck  

    WASHINGTON, Jan 23 (Reuters) - The U.S. National Transportation Safety Board said on Tuesday it was sending two investigators to examine a crash on Monday involving a Tesla vehicle and a fire truck in California. In a post on Twitter, the federal safety agency said the investigation would examine both driver and vehicle factors. (Reporting by David Shepardson; Writing by Tim Ahmann; Editing by Eric Walsh)...More
  • Newswire

    BRIEF-Moody's Comments on Automaker Transition To Electric vehicles  

    Jan 23 (Reuters) - MOODY'S : * MOODY'S SAYS AUTOMAKERS FULLY ENGAGED ON BATTERY ELECTRIC VEHICLES, BUT TRANSITION WILL PRESSURE RETURNS * MOODY'S SAYS AUTO MANUFACTURERS TO ALSO NEED TO INVEST IN MULTIPLE PROPULSION TECHNOLOGIES SIMULTANEOUSLY IN CASE MARKET CONDITIONS SHIFT Source text for Eikon:...More
  • Newswire

    BRIEF-Canada's chief NAFTA negotiator says has high hopes of making progress this week  

    Jan 23 (Reuters) - * CANADA'S CHIEF NAFTA NEGOTIATOR SAYS HAVE HIGH HOPES OF MAKING PROGRESS THIS WEEK BUT THAT DEPENDS ON OTHER PARTIES * CANADA'S CHIEF NAFTA NEGOTIATOR SAYS TPP SUCCESS DOESN'T AFFECT NAFTA TALK AT ALL * CANADA'S CHIEF NAFTA NEGOTIATOR SAYS * CANADA'S CHIEF NAFTA NEGOTIATOR SAYS DOESN'T SEE BENEFIT TO FORMAL COUNTERPROPOSAL ON AUTOS, WANTS DISCUSSION OF IDEAS (Reporting by David Ljunggren)...More
  • Newswire

    BMW and Daimler close to merging car-sharing units - executive  

    (Updates with sourcing to company executive) BERLIN, Jan 23 (Reuters) - German carmakers Daimler and BMW are close to agreeing to combine their car-sharing services Car2Go and DriveNow, a senior executive at one of the carmakers told Reuters on Tuesday. The merger talks are in the final stages and the combined company will be independently run, with BMW and Daimler as largest shareholders, the source said, adding that the assets being pooled include BMW's ParkNow parking app....More
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Jan 18, 2018
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WardsAuto

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More

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