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Ford, Mahindra alliance reflects pressures on automakers

MUMBAI/DETROIT Ford Motor Co and Indian vehicle maker Mahindra and Mahindra Ltd said on Monday they will launch a strategic alliance to counter challenges posed by fast-changing technology and global competition.

Latest Auto News

Japan's Pioneer teams up with digital mapping company HERE

FRANKFURT, Sept 19 Pioneer and digitalmapping group HERE said on Tuesday they had agreed to invest inone another so the companies can develop maps for autonomousdriving services.

7:32am EDT

Billionaire Ratcliffe seeks British backing for Defender-style 4x4

LONDON An off-roader modeled on Land Rover's classic Defender could be rolling off British production lines if the owner of petrochemicals giant Ineos can win government backing for it.

7:19am EDT

Billionaire Ratcliffe seeks British backing for Defender-style 4x4

LONDON, Sept 19 An off-roader modelled on LandRover's classic Defender could be rolling off British productionlines if the owner of petrochemicals giant Ineos can wingovernment backing for it.

7:12am EDT

Deals of the day-Mergers and acquisitions

Sept 19 The following bids, mergers,acquisitions and disposals were reported by 1000 GMT on Tuesday:

6:10am EDT

Germany must not end combustion engine era like UK: Foreign Minister

FRANKFURT Germany must not phase out combustion engine cars as Britain is doing, Foreign Minister Sigmar Gabriel said on Tuesday in the wake of an emissions scandal that has damaged the reputation of the country's powerful carmakers.

4:44am EDT

Germany must not end combustion engine era like UK - Foreign Min

FRANKFURT, Sept 19 Germany must not phase outcombustion engine cars as Britain is doing, Foreign MinisterSigmar Gabriel said on Tuesday in the wake of an emissionsscandal that has damaged the reputation of the country'spowerful carmakers.

4:35am EDT

BRIEF-Moody's says sputtering U.S. auto sales keep global auto sector outlook negative into 2018

* Moody's says sputtering U.S. auto sales keep global autosector outlook negative into 2018

3:31am EDT

BRIEF-Piaggio, Foton Motor form partnership to develop new light commercial vehicles

* formed partnership with Foton Motor Group for thedevelopment of a new range of four-wheel light commercialvehicles

2:37am EDT

India's NSE index comes off record high; ITC top drag

Sept 19 India's NSE index hit a recordhigh on Tuesday before erasing gains to trade slightly lower,dragged down by market heavyweights such as ITC Ltd.

2:29am EDT

BRIEF-Mahindra & Mahindra to commercialize driverless tractor technology from early 2018

* Says co's driverless tractor technology to be availablecommercially from early 2018, in phased manner‍​

2:24am EDT

Toyota president says will continue to make variety of vehicle types

TOKYO Toyota Motor Corp President Akio Toyoda on Tuesday said his company would continue to make a variety of vehicle types available to customers, even as tighter global regulations are prompting automakers to develop more electric vehicles.

2:00am EDT

REFILE-Toyota president says will continue to make variety of vehicle types

TOKYO, Sept 19 Toyota Motor CorpPresident Akio Toyoda on Tuesday said his company would continueto make a variety of vehicle types available to customers, evenas tighter global regulations are prompting automakers todevelop more electric vehicles.

1:59am EDT

PRESS DIGEST- New York Times business news - September 19

Sept 19 The following are the top stories on theNew York Times business pages. Reuters has not verified thesestories and does not vouch for their accuracy.

1:01am EDT

Breakingviews - Foreign automakers will pay for Chinese EV drive

HONG KONG (Reuters Breakingviews) - China gave the auto industry an electric shock by announcing ambitions to phase out the combustion engine in the world’s largest car market. Details and deadlines are scant, but draft regulations accelerating the development of electric vehicles offer a glimpse of Beijing’s strategy: foreign automakers will pay the price. 

1:00am EDT

BRIEF-Zhejiang CFMoto Power announces change in accounting policy

* Says it changes accounting policy based on accountingstandards for business enterprises

Sep 18 2017

BRIEF-Zhejiang CFMoto Power to buy land use rights for up to 65 mln yuan

* Says it plans to buy land use rights for up to 65 millionyuan

Sep 18 2017

Tencent, Guangzhou Auto agree to collaborate on internet-connected cars

HONG KONG China's Tencent Holdings and Guangzhou Automobile Group Company Ltd have agreed to collaborate on internet-connected cars - a strategic pact that sent shares in Guangzhou Auto surging.

Sep 18 2017

UPDATE 1-Tencent, Guangzhou Auto agree to collaborate on internet-connected cars

* Firms to also work on AI-assisted driving, exploreinvestments

Sep 18 2017

BRIEF-Guangzhou Auto's Hong Kong shares up 7 pct after connected car pact with Tencent

* up 7 percent in Hong Kong after entering agreement withTencent Holdings

Sep 18 2017

Tencent, Guangzhou Auto agree to collaborate on connected cars

HONG KONG, Sept 19 Chinese internet giantTencent Holdings and Guangzhou Automobile GroupCompany Ltd said on Monday they had agreedto collaborate on connected cars.

Sep 18 2017

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