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  • Newswire

    REFILE-China's competition watchdog has its eye on auto parts market  

    (Corrects dateline to Feb 19) SHANGHAI/BEIJING, Feb 19 (Reuters) - China's monopolies regulator has been collecting evidence of possible anti-competitive behaviour in the country's auto parts market, it said on Wednesday. Foreign carmakers were accused by Chinese state television in December of charging customers more for repairs in China than in other markets, leading to suggestions that the auto parts sector could be the next target for the country's anti-monopoly campaign....More
  • Newswire

    Polymer Firm May Pave Way for More Continental Acquisitions  

    The automotive supplier paid $1.9 billion for U.S.-based Veyance Technologies....More
  • Newswire

    Robot Maker Kuka Wins New Chinese Auto Business  

    The manufacturer says two Chinese automakers have ordered 1,375 of its industrial robots....More
  • Newswire

    CORRECTED-Carmaker Tesla to step up supply of battery cells from Panasonic  

    (Corrects company name and RIC in second to last paragraph to LG Chem Ltd from LG Electronics) TOKYO, Oct 30 (Reuters) - Tesla Motors Inc will sharply increase the number of lithium ion battery cells it receives from Japan's Panasonic Corp, in a deal that underscores the U.S. carmaker's confidence in the future of all-electric cars....More
  • Newswire

    Australia Fines Japan Auto-Parts Maker Jtekt in Global Antitrust Probe  

    Australia's $1.9 million fine against the supplier follows its agreement to pay a $103.3 million penalty in the U.S. and another $4.9 million in a Canadian case, while a European Union investigation is under way....More
  • Newswire

    New York Judge Quashes City's "Taxi of Tomorrow" Deal With Nissan  

    Manhattan State Supreme Court Justice Shlomo Hagler ruled the city's Taxi and Limousine Commission overstepped its authority by giving Nissan an exclusive $11 billion contract to supply Nissan NV200 all-electric vehicles for a uniform taxi fleet....More
  • Newswire

    Tesla Negotiating Battery Deal With Samsung  

    Sources say the companies are negotiating a contract under which Samsung provide battery technology for Tesla's upcoming Model X, which will be priced below its popular Model S....More
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