01 January, 2019 10:03 am 
10:03 am FRANKFURT (Reuters) – Ford and Jaguar Land Rover unveiled sweeping job cuts across Europe on Thursday as carmakers struggle with a slump in demand for diesel vehicles, tougher emissions rules and a global economic slowdown led by China. Tata-owned JLR, based in central England, said it will cut 4,500 out of 42,500 jobs, while Ford … Read More
11 November, 2018 8:52 am 8:52 am WOLFSBURG, Germany (Reuters) – Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said. VW will spend almost 44 billion euros ($50 billion) on developing electric cars, autonomous driving and new mobility services by 2023 and … Read More
11 November, 2018 5:35 pm 5:35 pm MIAMI (Reuters) – Ford Motor Co, Walmart Inc and delivery service Postmates Inc will collaborate to design a service for delivering groceries and other goods to Walmart customers that could someday use autonomous vehicles, the companies said on Wednesday. The project is the latest to grow out of Ford’s broader effort to develop businesses that … Read More
11 November, 2018 8:17 am 8:17 am FRANKFURT (Reuters) – Volkswagen AG and Ford Motor Co are in “exploratory talks” to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, according to a person familiar with the matter. The German and US automakers are expected to provide an update on the progress … Read More
10 October, 2018 9:30 am 9:30 am BEIJING/SHANGHAI (Reuters) – Ford Motor Co (F.N) has appointed a new head of China operations to help turn around flagging sales in the world’s largest auto market, filling a post that had been vacant since January after the firm’s previous China chief suddenly quit. Anning Chen, a former chairman of Chery Jaguar Land Rover in … Read More
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