Newswire

  • Newswire

    TABLE-Vietnam's November auto sales jump 26 pct y/y -industry body  

    Dec 10 (Reuters) - Data released by the Vietnam Automobile Manufacturers' Association (VAMA): Vietnam monthly vehicle sales 2016 Month *Nov Oct Sept Aug July June May April March Units 26,295 24,439 24,130 20,567 24,593 21,861 22,553 22,979 23,195 Y/y pct 26 27 25 28 39 26 33 38 53 NOTES: *updated Sales from January to November by VAMA members increased 32 percent from a year earlier to 243,675 units, VAMA said in...More
  • Newswire

    Brazil prosecutors say Lula acted for Saab to win jets order  

    SAO PAULO, Dec 9 (Reuters) - Brazilian federal prosecutors on Friday formally accused former president Luiz Inacio Lula da Silva of having interfered in a government tender to buy new fighter jets in favor of Swedish plane maker Saab AB. Lula, who was no longer in the presidency when the suspected illegal practices happened, was accused of having used its influence over the subsequent Workers Party government to help Saab win the tender for 36 jets worth around $5.6 billion....More
  • Newswire

    UPDATE 1-U.S. agency concerned about destroyed, lost phones in VW probe  

    (Adds Volkswagen response) By Diane Bartz WASHINGTON, Dec 9 (Reuters) - A U.S. agency involved in settlement talks with Volkswagen AG over its diesel emissions scandal has raised concerns about nearly two dozen mobile phones destroyed or lost by the German carmaker. The Federal Trade Commission said in a court filing dated Thursday there were 23 lost or broken mobile phones the FTC was not able to access, the agency said in the filing with the U.S. District Court in San Francisco....More
  • Newswire

    Deals of the day-Mergers and acquisitions  

    (Adds Sky Plc, NorthStar Realty Europe, Rivian Automotive) Dec 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday: ** South Africa's Sibanye Gold Ltd will pay $2.2 billion for U.S.-based Stillwater Mining Co, Sibanye said, extending its push into platinum mining....More
  • Newswire

    Trump's threats chill corporate investment plans in Mexico  

    By Dave Graham MEXICO CITY, Dec 9 (Reuters) - Donald Trump's threats to battle Mexico over trade, investment and jobs have pushed a growing number of companies operating in the country to put expansion plans on hold until the president-elect fleshes out his policies, business leaders have told Reuters since the Nov. 8 election....More
  • Newswire

    U.S. raises concerns on destroyed VW phones  

    By Diane Bartz WASHINGTON, Dec 9 (Reuters) - A U.S. agency involved in settlement talks with Volkswagen AG over its diesel emissions scandal raised concerns about nearly two dozen mobile phones destroyed or lost by the German carmaker. The Federal Trade Commission said in a court filing dated Thursday there were 23 lost or broken mobile phones the FTC was not able to access, the agency said in the filing with the U.S. District Court in San Francisco....More
  • Newswire

    BRIEF-Titan international, Inc. names Paul Reitz next CEO  

    Dec 9 (Reuters) - Titan International Inc * Titan international, inc. names Paul Reitz next CEO * Titan International Inc - promoted Paul G. Reitz to Chief Executive Officer and president effective January 1, 2017 Source text for Eikon: Further company coverage:...More
  • Newswire

    UPDATE 1-U.S. government seeks to speed up Takata air bag replacements  

    (Adds Tesla Model S to be involved in recalls, comment from U.S. senator, background) Dec 9 (Reuters) - The U.S. Department of Transportation on Friday said it will press the auto industry to accelerate the pace of replacements for defective Takata Corp air bag inflators and signaled a likely widening of the industry's largest ever recall. U.S. officials now say at least 184 people have been injured in incidents involving potentially deadly Takata air bags....More
  • Newswire

    U.S. government seeks to speed up Takata air bag replacements  

    Dec 9 (Reuters) - The U.S. Department of Transportation on Friday said it will press the auto industry to accelerate the pace of replacements for defective Takata Corp air bag inflators and signaled a likely widening of the industry's largest ever recall. U.S. officials now say at least 184 people have been injured in incidents involving Takata air bags....More
  • Newswire

    Biden does not see Trump undoing much of environmental record  

    By David Ljunggren OTTAWA, Dec 9 (Reuters) - U.S. Vice President Joe Biden said on Friday he doubted whether Donald Trump could undo much of the current administration's record on the environment because so many green policies have firmly taken hold. Trump, who will take over as president on Jan. 20, has said he does not believe in global warming and will name a climate change skeptic, Oklahoma Attorney General Scott Pruitt, to head the Environmental Protection Agency....More
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Dec 6, 2016
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WardsAuto

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos 2

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More

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