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Showing 30 results for 'Car industry'

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Business

Paris Motor Show: driving into a clean future

The Paris Motor Show is seeing more and more electric vehicles thanks to falling battery costs and reaction to Volkswagen's dieselgate scandal.

The Paris Motor Show is seeing more and more electric vehicles thanks to falling battery costs and reaction to Volkswagen's dieselgate scandal.

Science_technology

Self-driving, self-parking cars

As part of its shift from home electronics to cars, Japanese giant Panasonic has been testing its new experimental self-driving vehicle.

As part of its shift from home electronics to cars, Japanese giant Panasonic has been testing its new experimental self-driving vehicle.

Business

VW investors sue the car giant for 8.2 billion euros - German court

Volkswagen shareholders are suing the car maker for 8.2 billion euros in damages because their VW shares plunged in the wake of the so-called dieselgate scandal.

Volkswagen shareholders are suing the car maker for 8.2 billion euros in damages because their VW shares plunged in the wake of the so-called dieselgate scandal.

Europe

Several diesel brands emit more than VW: report

Several diesel car brands emit higher levels of pollution than Volkswagen, a study by environmental group Transport and Environment has found, one year after the 'Dieselgate' scandal.

Several diesel car brands emit higher levels of pollution than Volkswagen, a study by environmental group Transport and Environment has found, one year after the 'Dieselgate' scandal.

Business

Fiat Chrysler to recall 1.9 million vehicles over air bag defect

Car maker Fiat Chrysler is to recall nearly two million vehicles worldwide to resolve an air bag defect that has been linked to at least three deaths and five…

Car maker Fiat Chrysler is to recall nearly two million vehicles worldwide to resolve an air bag defect that has been linked to at least three deaths and five…

Business

Volkswagen halts production of Golfs in dispute with suppliers

The German Economy Ministry is urging Volkswagen and two of its suppliers to quickly end a dispute that has created production delays at six plants including VW's main factory in Wolfsburg.

The German Economy Ministry is urging Volkswagen and two of its suppliers to quickly end a dispute that has created production delays at six plants including VW's main factory in Wolfsburg.

Business

Volkswagen workers face cut in hours

A spokesman at the company's Wolfsburg headquarters (headcount 60,000) said shortening staff hours were a possible response to supply problems.

A spokesman at the company's Wolfsburg headquarters (headcount 60,000) said shortening staff hours were a possible response to supply problems.

Business

Strong yen prompts Toyota profit warning

Toyota has warned its 2016/17 profit will be the smallest in four years because of the stronger yen.

Toyota has warned its 2016/17 profit will be the smallest in four years because of the stronger yen.

Business

Tesla reports big losses again

Electric car maker Tesla has reported a steeper than expected quarterly loss, underscoring the financial hurdles it is facing.

Electric car maker Tesla has reported a steeper than expected quarterly loss, underscoring the financial hurdles it is facing.

Business

Tesla SolarCity merger approved

Electric car maker Tesla is to buy its sister company SolarCity which makes solar panels. CEO Elon Musk is the largest shareholder in both firms and chairman of SolarCity.

Electric car maker Tesla is to buy its sister company SolarCity which makes solar panels. CEO Elon Musk is the largest shareholder in both firms and chairman of SolarCity.

Business

Tesla questioned further over Autopilot after fatal crash

US safety regulators want detailed information from electric car maker Tesla about the design, operation and testing of its Autopilot technology following a fatal crash in May.

US safety regulators want detailed information from electric car maker Tesla about the design, operation and testing of its Autopilot technology following a fatal crash in May.

News

New car sales slump in Britain in June

Sales of new cars in Britain fell in June but the Society of Motor Manufacturers and Traders said it was too early to link that to the Brexit vote.

Sales of new cars in Britain fell in June but the Society of Motor Manufacturers and Traders said it was too early to link that to the Brexit vote.

Business

Toyota recalls 3.4 million cars over fuel leak and airbag problems

Toyota is recalling nearly 3.4 million Prius and other cars to fix possible leaks from fuel emissions control units and a problem with airbag inflators made by the Swedish company Autoliv.

Toyota is recalling nearly 3.4 million Prius and other cars to fix possible leaks from fuel emissions control units and a problem with airbag inflators made by the Swedish company Autoliv.

Business

German watchdog probes former VW board

The German financial watchdog has filed a complaint against the entire former board of Volkswagen over possible market manipulation.

The German financial watchdog has filed a complaint against the entire former board of Volkswagen over possible market manipulation.

Business

Takata 'gets investment offer'

Troubled Japanese air-bag maker Takata is reportedly talking to potential investors, including US private equity firm KKR, about a bail out.

Troubled Japanese air-bag maker Takata is reportedly talking to potential investors, including US private equity firm KKR, about a bail out.

Business

Toyota invests in ride-hailing firm Uber

Toyota has become the latest carmaker to invest in an on-demand ride-hailing company by forging a deal with Uber. It follows General Motors investing in Lyft and Volkswagen in Gett.

Toyota has become the latest carmaker to invest in an on-demand ride-hailing company by forging a deal with Uber. It follows General Motors investing in Lyft and Volkswagen in Gett.

Business

Tesla production - speedy plans, but how doable?

Tesla reportedly plans to move up the launch of high-volume production of its Model 3 to 2018 which will be difficult to achieve according to some suppliers and industry analysts.

Tesla reportedly plans to move up the launch of high-volume production of its Model 3 to 2018 which will be difficult to achieve according to some suppliers and industry analysts.

Business

Honda reveals Q4 loss from airbag recall costs

Honda has revealed a surprise net loss for the fourth quarter mostly due to the cost of recalls to replace faulty Takata made airbag inflators.

Honda has revealed a surprise net loss for the fourth quarter mostly due to the cost of recalls to replace faulty Takata made airbag inflators.

Business

Nissan buys big stake in scandal-hit Mitsubishi

A lifeline for scandal-plagued Japanese carmaker Mitsubishi after larger rival Nissan says it will take a 34 percent stake.

A lifeline for scandal-plagued Japanese carmaker Mitsubishi after larger rival Nissan says it will take a 34 percent stake.

Business

Toyota forecasts profit slump from strong yen

The strengthening of Japan's currency, the yen, means Toyota's profits will be 35 percent lower for the current year.

The strengthening of Japan's currency, the yen, means Toyota's profits will be 35 percent lower for the current year.

Business

Further mileage test irregularities by Mitsubishi - report

Mitsubishi has not responded to a report in the Japanese newspaper Asahi Shimbun that it had used improper mileage tests on almost all its vehicles sold in Japan since 1991.

Mitsubishi has not responded to a report in the Japanese newspaper Asahi Shimbun that it had used improper mileage tests on almost all its vehicles sold in Japan since 1991.

Business

Airbag recall costs push Takata to an annual loss again

Takata has posted its third annual loss in the past four years, hit by costs for recalls of its potentially deadly airbag inflators.

Takata has posted its third annual loss in the past four years, hit by costs for recalls of its potentially deadly airbag inflators.

Business

Tesla sets incredibly high 500,000 cars per year production schedule

Electric car maker Tesla plans to hugely accelerate production of its upcoming Model 3 mass-market vehicle to 500,000 cars a year from 2018, but sceptics are doubtful founder Elon Musk can do it.

Electric car maker Tesla plans to hugely accelerate production of its upcoming Model 3 mass-market vehicle to 500,000 cars a year from 2018, but sceptics are doubtful founder Elon Musk can do it.