newszine

U.S. states probing Hyundai, Kia over vehicle fires: Connecticut AG

26 mins ago DieselGasoil Comments Off on U.S. states probing Hyundai, Kia over vehicle fires: Connecticut AG
(Reuters) – A group of U.S. states is investigating Hyundai Motor Co and Kia Motors Corp for potential unfair and deceptive acts related to reports of hundreds of vehicle fires, Connecticut Attorney General William Tong said on Monday. The Hyundai logo is seen outside a Hyundai car dealer in Golden, Colorado, November 3, 2014. REUTERS/Rick Read More

U.S. oil waivers that rocked market in 2018 coming back to focus

3 days ago DieselGasoil Comments Off on U.S. oil waivers that rocked market in 2018 coming back to focus
By Bloomberg News on 3/15/2019 SINGAPORE and BEIJING (Bloomberg) — Uncertainty over U.S. waivers for buyers of Iranian oil is starting to grip the market again, under very different circumstances than when American sanctions were set to go into effect last year. Before existing exemptions were granted in early November, Saudi Arabia was pumping at Read More

Mahindra takes second crack at U.S. auto market with 'India tough' off-roader

4 days ago DieselGasoil Comments Off on Mahindra takes second crack at U.S. auto market with 'India tough' off-roader
AUBURN HILLS, Mich. (Reuters) – “Warning: Don’t do anything stupid!” reads the sign to the right of Rick Haas’ office computer. Mahindra Automotive North America quality control workers inspect ROXOR off-road vehicles at the MANA Plant in Auburn Hills, Michigan, U.S., January 30, 2019. REUTERS/Rebecca Cook It is the same tongue-in-cheek warning affixed to the Read More

Top Ships Inc. Announces Delivery and Charter Employment of M/T Eco Marina Del Ray

5 days ago DieselGasoil Comments Off on Top Ships Inc. Announces Delivery and Charter Employment of M/T Eco Marina Del Ray
ATHENS, Greece, March 13, 2019 (GLOBE NEWSWIRE) — TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient “ECO” tanker vessels currently focusing on the transportation of petroleum products, announced today that it took delivery of the 50,000 dwt newbuilding product/chemical tanker M/T Eco Marina Del Ray, constructed at the Hyundai Read More

South Korean proxy adviser recommends votes against Elliott's proposals for Hyundai Mobis

6 days ago DieselGasoil Comments Off on South Korean proxy adviser recommends votes against Elliott's proposals for Hyundai Mobis
FILE PHOTO: An employee assembles a Hyundai car in Hyundai Marathon Motor assembly plant on the outskirt of Addis Ababa, Ethiopia February 21, 2019. REUTERS/Tiksa Negeri SEOUL (Reuters) – South Korea’s leading proxy adviser KCGS recommended shareholders vote against U.S. activist investor Elliott Management’s proposals for dividends and board members at Hyundai Mobis, according to Read More

Kia Motors considers suspending its No.1 plant in China: source

1 week ago DieselGasoil Comments Off on Kia Motors considers suspending its No.1 plant in China: source
A charging plug for the battery for the eNiro Kia electric car is pictured at the 89th Geneva International Motor Show in Geneva, Switzerland March 6, 2019. REUTERS/Denis Balibouse SEOUL (Reuters) – Kia Motors may halt operations at its No.1 plant in China as part of its longer-term efforts to enhance competitiveness, a source familiar Read More

Hyundai Motor in talks with investors to develop headquarters project

1 week ago DieselGasoil Comments Off on Hyundai Motor in talks with investors to develop headquarters project
FILE PHOTO: The logo of Hyundai Motor is seen on wall at a event of Hyundai Motor Co’s new Accent in Mexico City, Mexico August 2, 2017. REUTERS/Henry Romero SEOUL (Reuters) – Hyundai Motor Co (005380.KS) is in talks with potential investors to develop its new headquarters planned for the South Korean capital of Seoul Read More

Japan's Renesas to partially halt chip production for two months on China slowdown

2 weeks ago DieselGasoil Comments Off on Japan's Renesas to partially halt chip production for two months on China slowdown
FILE PHOTO: Renesas Electronics Corp’s logo is seen on its product at the company’s conference in Tokyo, Japan, April 11, 2017. REUTERS/Toru Hanai TOKYO (Reuters) – Automotive chipmaker Renesas Electronics Corp plans to halt production at six plants in Japan for up to two months this year as it braces for a further slowdown in Read More

Hyundai may suspend production at one of its Chinese plants as slowdown bites

2 weeks ago DieselGasoil Comments Off on Hyundai may suspend production at one of its Chinese plants as slowdown bites
SEOUL (Reuters) – Hyundai Motor Co is considering plans to suspend production at its oldest plant in China, the South Korean carmaker said on Wednesday, as it reels from tumbling sales and massive overcapacity in its biggest market. FILE PHOTO: Hyundai cars are seen at a plant of Hyundai Motor Co on the outskirts of Read More

U.S. auto fleet hit record high fuel efficiency in 2017

2 weeks ago DieselGasoil Comments Off on U.S. auto fleet hit record high fuel efficiency in 2017
WASHINGTON (Reuters) – The U.S. Environmental Protection Agency said on Wednesday that the average fuel efficiency of cars and trucks hit a record high in the 2017 model year, but highlighted in a report “legitimate concerns” about the industry’s ability to meet rising annual requirements. FILE PHOTO: Automobiles are shown for sale at a car Read More