Tesla recalls 947 US vehicles over delay in rearview image display, NHTSA says

WASHINGTON, March 25 (Reuters) – Tesla Inc is recalling 947 vehicles in the United States because the rearview image may not immediately display when they begin to reverse, the National Highway Traffic Safety Administration (NHTSA) said. The automaker told the NHTSA the recall covers some 2018-2019 Model S, Model X, and 2017-2020 Model 3 vehicles … Read more

Mercedes to continue EV investments despite Ukraine war disruptions

TUSCALOOSA, Ala., March 15 (Reuters) – Mercedes-Benz AG (MBGn.DE) won’t cut spending on future electric vehicles even as it copes with supply-chain cost pressures exacerbated by the Russia-Ukraine conflict, the German automaker’s chief executive said on Tuesday. Ola Kaellenius, speaking during the company’s opening of its first US electric vehicle (EV) battery factory, also affirmed … Read more

Boeing 737 MAX jet headed toward China completion plant – source

MAX has been grounded in China for three years Return had been expected early this year China historically accounted for 17% of deliveries – Jefferies BEIJING/SYDNEY, March 15 (Reuters) – A Boeing (BA.N) 737 MAX jet that took off from Seattle on Monday is en route to the manufacturer’s completion plant in China, an industry … Read more

Musk says Tesla, SpaceX see significant inflation risks

SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, US, June 13, 2019. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register March 13 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk … Read more

Nestle, tobacco groups latest companies to pull back from Russia

March 9 (Reuters) – Nestle (NESN.S), Philip Morris (PM.N) and Imperial Brands (IMB.L) joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in the West to take a stand against the invasion of Ukraine. The world’s biggest packaged food group fell into line with rivals Procter & Gamble … Read more

Wall St slides as oil prices surge, Nasdaq confirms bear market

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, New York, US, March 3, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Dow industrials confirm correction Financial, travel shares lead declines Energy stocks outperform broader market Oil prices hit highest levels since 2008 Indexes … Read more

Nike, IKEA close Russian stores as sanctions, trade restrictions bite

March 3 (Reuters) – Sneaker maker Nike and home furnishings firm IKEA shut down stores in Russia on Thursday, as trade restrictions and supply constraints added to political pressure for companies to stop business in Russia because of its invasion of Ukraine. French bank Societe Generale (SOGN.PA) said it was working to cut its risks … Read more

Boeing, Exxon, Apple join Western firms spurning Russia over Ukraine

Ford suspends operations in Russia Apple stops iPhone sales in Russian market ESG investors press Western firms to act March 2 (Reuters) – Boeing (BA.N) suspended maintenance and technical support for Russian airlines and US energy firm Exxon Mobil (XOM.N) said it would exit Russia, joining a growing list of Western companies spurning Moscow over … Read more