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Reuters » Autos News
8M ago
United Steel Workers (USW) International President Tom Conway on Wednesday called ArcelorMittal's bid consideration for U.S. Steel "foolish" and said the union wouldn't endorse any buyers other than Cleveland-Cliffs ..read more
Reuters » Autos News
8M ago
(Reuters) -U.S. Senator J.D. Vance on Thursday asked U.S. Steel to rule out a foreign buyer, in a sign that the emerging bidding war for the iconic steel producer could run into political headwinds ..read more
Reuters » Autos News
10M ago
Ford Motor is preparing for a new round of layoffs for its salaried workers in the United States, the Wall Street Journal reported on Thursday, citing people familiar with the matter ..read more
Reuters » Autos News
11M ago
MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador said Wednesday his government aims to reach an agreement with mining and transport company Grupo Mexico after taking over a part of its railway last week, but said the compensation deal will not include cash ..read more
Reuters » Autos News
1y ago
WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag inflators because it believes there is a safety defect, but auto supplier ARC Automotive Inc rejected the U.S. regulator's request, documents released on Friday show ..read more
Reuters » Autos News
1y ago
A California state appeals court on Monday revived a ballot measure allowing app-based services such as Uber Technologies Inc and Lyft Inc LYFT.O> to treat drivers as independent contractors rather than employees, in a major victory for the industry ..read more
Reuters » Autos News
1y ago
WASHINGTON (Reuters) -The U.S. Senate Commerce Committee on Thursday said it would hold a March 8 hearing on efforts by the Federal Aviation Administration (FAA) to reform how it certifies new airplanes after two Boeing 737 MAX crashes killed 346 people ..read more
Reuters » Autos News
1y ago
U.S. lender Citizens Financial Group cut back on auto lending last year and plans to further reduce its exposure to the segment as it becomes cautious on certain businesses as it factors in risk of a recession, its chief executive officer said in a interview ..read more
Reuters » Autos News
1y ago
An Israeli-made electric vehicle designed to fly commuters on short trips far above streets overcrowded with cars has made its maiden unmanned flight, a milestone the developer says will help it reach the market in the next two years ..read more
Reuters » Autos News
1y ago
Germany wants a joint European response to the U.S. Inflation Reduction Act that would involve simplifying rules on state support and expanding funding opportunities, according to a German economy ministry document seen by Reuters on Friday ..read more