Prime Minister Theresa May informed business leaders that they must treat a two-year transition period after Brexit as guaranteed as she aims to ease company issues that Britain could crash from the EU without a deal, a source told Reuters. May met company chiefs from GlaxoSmithKline, Vodafone and HSBC and other major companies on Monday
Japan’s leading automakers are taking pleasure in strong development in China, the world’s top automobile market, bucking concerns about a downturn in the market after tax incentives were cut down this year. Toyota Motor and Honda Motor stated on Tuesday vehicle sales in China increased near 15 percent in September, after strong sales in August.
Japanese auto parts provider Denso Corp prepares to invest $1 billion in its Maryville, Tennessee plant for making vehicle electrification and safety systems, generating around 1,000 jobs. This is the most recent in a series of announcements from automakers hurrying to bring a great deal of electric vehicle models to market in the near future.
Automaker trade groups informed U.S. regulators they need to revise fuel efficiency mandates authorized in the final weeks of the Obama administration as the costs would be difficult and the standards do not reflect how low-cost gas prices are impacting consumer demand, but they stopped short of requesting for a particular reduction in the requirements
Dyson is developing an electric vehicle, the company revealed recently, and now we understand a little more about their specific plan to bring one to market. The company will not aim to partner, and will rather build the vehicle hardware from the ground up itself, according to a new Wired interview with Max Conze, the
German automakers are betting they can mass produce new electric vehicles based on standard vehicles, defying skeptics who state they will require more radical designs to avoid the threat from Tesla and other start-up automakers. There are two means to make battery-driven automobiles: use a clean-sheet design like Tesla, or a standard automobile platform that
That’s the 6th month-to-month drop in a row, and raises the genuine risk that British car registrations publish their first annual decline since 2011. The Society of Motor Manufacturers and Traders (SMMT) blames a drop in consumer confidence, because of “economic and political” unpredictability and confusion over the federal government’s air quality strategies. As this
China has set a deadline of 2019 to enforce tough new sales targets for electric plug-in and hybrids automobiles, somewhat unwinding an earlier plan to introduce the rules from next year that had left international automakers stressed over being able to comply. Automakers will have to accumulate credits for so-called new-energy vehicles (NEVs) comparable to
Russia’s automobile market could grow by approximately 12 percent this year, recovering faster than formerly expected because of the enhancing economy, the head of Kia Motors’ Russian business informed Reuters on Friday. Alexander Moynov stated Kia had formerly seen Russian vehicle sales growing 5-7 percent this year, but now anticipates them to reach between 1.57
About two years ago we first became aware of Faraday Future. During those days, the electric car start-up was practically operating in secret but had already poached numerous big names in the auto industry. After less than six months, the company announced plans to invest $1 billion in a Nevada factory. However monetary issues quickly
A coalition of supporters of self-driving vehicles stated on Tuesday that it will run advertisements this week in social networks and Washington newspapers, in an effort to persuade the United States Congress to embrace sweeping legislation to improve the nascent market. The ads are being positioned by the Coalition for Future Mobility, which was formed
How frequently it is advisable for you to wash your car? The right answer is, as regularly as you want, but normally once a week is enough. Dust and pollutants should be taken off before they have a chance to damage or forever stick to your car’s paint. Regular washing also keeps the car finish
About 100 automobiles have received a safety award from the Insurance Institute for Highway Safety (IIHS) for this year, but you’ll be terrified to discover a small pickup on the list. In a recent round of testing, the company examined eight small trucks and discovered a few key shortcomings. IIHS rated the crew cab and
China has started studying when to ban the production and sale of cars using standard fuels, the official Xinhua news agency reported, pointing out comments by the vice industry minister, who forecasted “turbulent times” for automakers forced to adjust. Xin Guobin did not provide information on when China, the world’s biggest automobile market, would carry
New York, California and three other U.S. states on Monday are taking legal action against the federal government for delaying the rollout of higher “gas-guzzler” penalties for auto companies constructing new automobiles failing to fulfill minimum fuel-economy standards. The suit, which likewise consists of Vermont, Maryland and Pennsylvania, is the highest-profile legal challenge to Trump