U.S. retail sales accelerate in strong boost to economy

WASHINGTON (Reuters) – U.S. retail sales surged in October, likely as Americans started their holiday shopping early to avoid empty shelves amid shortages of some goods because of the ongoing pandemic, giving the economy a lift at the start of

Tesla China sold 11,800 Model 3 vehicles in August: CPCA

BEIJING (Reuters) – U.S. electric vehicle maker Tesla Inc (TSLA.O) sold 11,800 Shanghai-made Model 3 vehicles in China in August, up from 11,000 units in July, according to the China Passenger Car Association (CPCA). CPCA uses a different counting method

Amazon to help Toyota build cloud-based data services

(Reuters) – Amazon.com Inc’s (AMZN.O) cloud computing unit will help Japan’s Toyota Motor Corp (7203.T) build a platform to help manage and monetize data gathered from the automaker’s global vehicle fleet, the companies said on Monday. Toyota said its Mobility

Ford lifted by VW's Argo investment, posts quarterly profit

(Reuters) – Ford Motor Co (F.N) on Thursday posted a quarterly profit thanks to an investment by Volkswagen AG (VOWG_p.DE) in its self-driving Argo AI unit, which offset a production shutdown forced by the coronavirus pandemic as the No. 2

Aston Martin's first SUV rolls off production line

LONDON (Reuters) – Aston Martin’s (AML.L) first sport utility vehicle rolled off the production line on Thursday, key to hopes of a turnaround at the luxury carmaker which has seen changes in management and ownership over the last few months

Toyota prepping for gradual re-start in Mexico: spokesman

MEXICO CITY (Reuters) – Toyota Motor Corp’s Mexico unit is in a preparation phase for the gradual re-start of its operations in the states of Baja California and Guanajuato, a spokesman told Reuters on Monday. “This stage includes the implementation

Ford's three-part unsecured debt offering worth $8 billion: IFR

(Reuters) – Ford Motor Co (F.N) will launch a three-part unsecured debt offering of $8 billion, yielding up to 9.6% on the 10-year loan, capital markets intelligence provider International Financing Review reported on Friday. Ford said earlier in the day