German carmakers eye Brandenburg after Tesla expansion push
The German state of Brandenburg has received a flurry of inquiries from German carmakers after electric car start-up Tesla opted to build its European factory there, Brandenburg’s Economy Minister Joerg Steinbach told Reuters.
Arrest warrant for Ghosn’s wife ‘pathetic’: Ghosn spokeswoman
An arrest warrant issued by Japanese prosecutors for Carlos Ghosn’s wife Carole is “pathetic” and comes shortly before Ghosn is to speak freely for the first time since arriving in Beirut, a spokeswoman for Ghosn told Reuters on Tuesday.
Explainer: Ghosn to ‘speak freely’ after his escape; what’s in store?
Ousted Nissan Motor Co Ltd boss Carlos Ghosn is set to hold on Wednesday his first live news conference since his arrest in November 2018 on financial misconduct charges, saying his escape from Japan has meant he can communicate “freely”.
Japan to do utmost to have Ghosn return for trial: ministry official
Japanese legal officials are poring over Lebanese laws in a bid to find a way to return ex-Nissan boss Carlos Ghosn to Japan, a Ministry of Justice senior official said on Tuesday, adding that Tokyo will do its utmost to have him face trial on financia…
Stocks steady, oil cools as U.S.-Iran tensions ease
World shares steadied and oil pulled back from multi-month highs on Tuesday after dramatic post-new year moves, as investors judged prospects of an all-out conflict between the United States and Iran had eased.
Tesla starts work on building Model Y SUVs at Shanghai factory
U.S. electric car maker Tesla Inc said it has started work on building Model Y electric sports utility vehicles (SUV) at its $2 billion Shanghai factory, marking a new milestone for the company’s first foreign car plant.
Daimler sued for $1 billion in German court over diesel cheating
Investors have sued Daimler for 896 million euros ($1 billion) in a regional court in Stuttgart, accusing the carmaker of concealing its use of emissions cheating software, German law firm TILP said on Tuesday.
Volkswagen seeks damages from Prevent in ongoing legal dispute
Volkswagen is seeking more than 100 million euros ($112 million) in damages from former supplier Prevent, it said on Tuesday, adding it had filed a first claim for one of its subsidiaries.
Oil tumbles as investors rethink Mideast disruption risk
Oil prices on Tuesday surrendered some gains made over the previous two days as investors reconsidered the likelihood of Middle East supply disruptions in the wake of the United States killing a top Iranian military commander.
Tesla starts work on Model Y program at Shanghai factory
U.S. electric vehicle maker Tesla Inc on Tuesday officially started work on a Model Y program at its $2 billion Shanghai factory, in a ceremony attended by its billionaire CEO Elon Musk and senior Shanghai government officials.
