Vietnam’s VinFast ships first electrical autos to U.S. clients

HAI PHONG, Vietnam, Nov 25 (Reuters) – Vietnam’s electrical car maker VinFast stated on Friday it had shipped its first batch of 999 automobiles to the US, capping a five-year bid to develop an auto manufacturing hub within the Southeast Asian nation for markets in North America and Europe. The primary automobiles are anticipated to … Read more

Exclusive: Toyota scrambles for EV reboot with eye on Tesla

Oct 24 (Reuters) – Toyota (7203.T) is considering a reboot of its electric-car strategy to better compete in a booming market it has been slow to enter, and has halted some work on existing EV projects, four people with knowledge of the still-developing plans said. The proposals under review, if adopted, would amount to a … Read more

North Korea fires two ballistic missiles in seventh of recent launches

TOKYO, Oct 9 (Reuters) – North Korea fired two ballistic missiles early on Sunday, authorities in neighbouring countries said, the seventh such launch by Pyongyang in recent days that added to widespread alarm in Washington and its allies in Tokyo and Seoul. Officials in the South Korean capital have said the uptick in the North’s … Read more

Ford stock has biggest daily drop since 2011 after inflation warning

The Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register Sept 20 (Reuters) – Ford Motor Co’s (F.N) stock tumbled over 12% on Tuesday in its deepest one-day decline in over a decade after the automaker said inflation-related costs … Read more