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Exclusive: Nissan sues India over outstanding dues; seeks over $770 million

NEW DELHI Japanese automaker Nissan Motor has begun international arbitration against India to seek more than $770 million in a dispute over unpaid state incentives, according to a person familiar with the matter and documents reviewed by Reuters.

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NADA sees U.S. new vehicle sales at 16.7 million units in 2018

DETROIT Sales of new vehicles in the United States should decline in 2018 as high prices and competition from nearly-new, off-lease vehicles will weigh on consumers, a dealer lobby group said on Friday.

10:11am EST
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Major automakers post mixed November U.S. sales results

DETROIT Major automakers posted mixed U.S. November new vehicle sales for November on Friday, with General Motors Co and Fiat Chrysler Automobiles NV (FCA) down largely on lower fleet sales, while Ford Motor Co's sales rose.

10:08am EST

Major automakers post mixed November U.S. sales results

DETROIT, Dec 1 Major automakers posted mixed U.S. November new vehicle sales for November on Friday, with General Motors Co and Fiat Chrysler Automobiles NV (FCA) down largely on lower fleet sales, while Ford Motor Co's sales rose.

10:01am EST

NADA sees U.S. New vehicle sales at 16.7 million units in 2018

DETROIT, Dec 1 Sales of new vehicles in the United States should decline in 2018 as high prices and competition from nearly-new, off-lease vehicles will weigh on consumers, a dealer lobby group said on Friday.

9:58am EST
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Motor racing-Alfa's return shows value of F1, says Horner

LONDON Alfa Romeo's return to Formula One shows the value of the sport and suggests Ferrari will not follow through on threats to leave, according to Red Bull principal Christian Horner.

9:52am EST

BRIEF-Ford U.S. Sales Totaled 210,771 Vehicles For Nov, a 6.7 Pct Gain Over 2016??

* FORD SALES UP 6.7 PERCENT IN NOVEMBER; F-SERIES ACHIEVES BEST SALES IN 16 YEARS, WHILE FORD SUVS POST BRAND’S BEST NOVEMBER SALES IN 17 YEARS

9:30am EST

BRIEF-Fca Us Reports November 2017 Sales

* FCA US LLC - IN NOVEMBER, RETAIL SALES OF 129,539 UNITS WERE UP 2 PERCENT COMPARED WITH SAME MONTH IN 2016 Source text for Eikon: Further company coverage:

9:10am EST

BRIEF-Honda Cars India Nov Domestic Sales up 47 Pct

* NOV DOMESTIC SALES OF 11,819 UNITS VERSUS 8,029 UNITS LAST YEAR

7:37am EST
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Germany removes Tesla from subsidies list as too pricey

BERLIN A German government agency has removed Tesla from the list of electric cars eligible for subsidies, sparking a row with the U.S. company over whether its Model S is too expensive to qualify for the scheme.

7:31am EST

UPDATE 1-Germany removes Tesla from subsidies list as too pricey

* Tesla denies this, says drivers can buy no-frills version (Recasts, adds Tesla response, background on subsidy programme)

7:23am EST

South Africa's new vehicle sales up 7.2 percent year/year in November

JOHANNESBURG, Dec 1 South Africa's new vehicle sales rose 7.2 percent year-on-year to 49,754 units in November, data from the trade and industry department showed on Friday.

7:10am EST

BRIEF-India's Tata Motors Nov Domestic Sales Up 58 Pct

* SAYS COMMERCIAL AND PASSENGER VEHICLES SALES IN DOMESTIC MARKET IN NOV AT 52,464, UP 58 PERCENT

6:55am EST

BRIEF-India's TVS Motor Co Nov Total Sales Up 12 Pct

* SAYS NOV TOTAL SALES OF 251,965 VEHICLES VERSUS 224,971 VEHICLES LAST YEAR

6:36am EST

BRIEF-Zhengzhou Yutong's bus sales up 6.3 pct in Nov, controlling shareholder plans convertible bonds

* SAYS CONTROLLING SHAREHOLDER PLANS TO ISSUE UP TO 3.0 BILLION YUAN ($454.17 million) EXCHANGEABLE BONDS

6:20am EST

BRIEF-Tesla denies Model S base version not available in Germany

* SAYS IT IS "COMPLETELY FALSE" THAT ITS MODEL S IS NOT AVAILABLE IN BASE VERSION IN GERMANY Further company coverage:

6:00am EST

BRIEF-Spain New Car Sales Up 12.4 Percent Year/Year In November -Anfac

* Says Spain new car sales rose 12.4 percent year on year in November to 104,170 units

5:52am EST

Germany removes Tesla from subsidies list as too pricey

BERLIN, Dec 1 A German government agency has removed Tesla's Model S from the list of electric cars eligible for subsidies because it is not available in a version that falls within a 60,000 euro ($71,448) price limit.

5:47am EST
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Tesla switches on giant battery to shore up Australia's grid

HORNSDALE, Australia Tesla Inc switched on the world's biggest lithium ion battery on Friday in time to feed Australia's shaky power grid for the first day of summer, meeting a promise by Elon Musk to build it in 100 days or give it free. | Video

5:46am EST

PRESS DIGEST-Canada - Dec 1

Dec 1 The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

5:45am EST
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VW truck boss urges Germany to resolve political deadlock

MUNICH The head of Volkswagen's truck operations on Friday criticized Germany's prolonged political deadlock as a risk to its commercial vehicle industry and the country's international reputation.

5:05am EST
 
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