LEVC (London Electric Vehicle Company) is set to innovate the commercial vehicle segment with the introduction of VN5, its new electric light commercial van. Available to order now, the first VN5 deliveries will commence in RHD form in Q4, with LHD models available from March 2021. VN5 has a flexible zero-emissions capable range of more […]
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U.S. judge rejects immediate bail for men allegedly helped Ghosn escape
A U.S. judge on Thursday declined to grant immediate bail to a Massachusetts father and son who are attempting to avoid extradition to Japan, after being alleged of helping smuggle former Nissan Motor CEO Carlos Ghosn out of that country. U.S. District Judge Indira Talwani in Boston said Michael Taylor and Peter Taylor, who are […]
Volkswagen labor chief sees no need for more cost cuts
Volkswagen’s labor chief Bernd Osterloh has been telling analysts and investors the automaker has no need for deeper cost cuts in Germany. Existing cost decreasing measures, agreed in 2016, will be enough to help the company to deal with the coronavirus crisis, Osterloh said, according to an analyst note from MainFirst. “Osterloh stated that the […]
Volkswagen’s Skoda CEO Maier to step down at end of July
Bernhard Maier, chairman of Czech automaker Skoda Auto, part of the Volkswagen Group, will leave his post at the end of July after almost five years, the company stated on Thursday. Skoda, which did not provide a reason for Maier’s departure, stated a successor would be elected by the board in August. The automobile group […]
Aston Martin’s first SUV rolls off the production line
Aston Martin’s first sport utility vehicle (SUV) rolled off the production line on Thursday, with the hopes of a turnaround at the luxury automaker which has seen changes in management and ownership over the last few months due to coronavirus crisis. Popular for being James Bond’s automaker of choice, the company has had a difficult […]
A-1 Auto Transport, Inc. Takes Steps for Safe Transport During COVID-19
As fears of a second wave of coronavirus infections have many people wondering when, or if, life will return to normal, many companies are opting to continue operations to maintain the demand of transport globally. A-1 Auto Transport, Inc. has long been a leader in the automobile transport industry, and the company is currently working […]
Quarterly sales of Ford increased in China for first time in 3 years
Ford Motor stated its China vehicle sales boosted 3% in April-June from a year earlier, its first quarterly sales increased in the world’s bigggest auto market in nearly three years. Ford has been seeking to recover from a decline in sales unprecedented for a major global automaker in China, with sales declining 26% last year […]
U.S. judge not willing to grant quick bail to men involved in Ghosn’s escape
A U.S. judge stated she is unlikely to quickly release a Massachusetts father and son who have been held on charges they helped smuggle former Nissan Motor CEO Carlos Ghosn out of Japan to Lebanon. At a Wednesday hearing in Boston, U.S. District Judge Indira Talwani stated she was expecting to deny expedited bail to […]
SEAT to invest five billion euros, seeks promotion of electric cars
Spain needs to “wake up” and follow other European nations in giving more incentives for electric cars, the head of Volkswagen’s Spanish brand SEAT stated on Wednesday. The comments from interim chairman Carsten Isensee came as SEAT declared a step up in investment to 5 billion euros ($5.7 billion) for 2020-2025 and said it was […]
Declining China car sales show economic rebound still unstable
Car sales in China retreated in June after a rare increase during the previous month, indicating that the world’s biggest auto market is dealing with a bumpy recovery from a two-year decline worsened by the coronavirus pandemic. In June, the retail sales of sedans, SUVs, minivans, and multipurpose vehicles dropped 6.5% to 1.68 million units […]
Federal judge dismisses General Motors’ lawsuit against Fiat Chrysler
A federal judge on Wednesday dismissed a racketeering lawsuit General Motors (GM) had filed against rival Fiat Chrysler Automobiles NV (FCA), saying the biggest U.S. automaker’s alleged injuries were not caused by FCA’s alleged breaches. GM officials said that they “strongly disagree” with the order by U.S. District Court Judge Paul Borman, whom the automaker […]
Footage reveals miles of unsold new cars at Dongfeng Group’s Wuhan plant
Dongfeng Motor Group, the third biggest Chinese-state owned automaker, is headquartered in Wuhan, Hubei, China. A recent footage released by The Epoch Times, a news agency founded by Chinese-Americans in the US, showed the Dongfeng’s plant in Wuhan. It can be seen that the plant has miles of unsold new cars in their plant. While […]
Salon Privé to showcase the world’s one of the finest cars
Salon Privé is renowned for appealing the world’s finest motor cars to its Concours d’Elégance by AXA, and this year more than a century of automotive history will be represented in Blenheim Palace – from pioneering veterans to modern-day hypercars. Few marques capture the glamour of the inter-war years in quite similarly as Hispano-Suiza, and enthusiasts […]
Carlos Ghosn wired $860,000 to alleged escape plotters, U.S. says
Former Nissan Motor CEO Carlos Ghosn transferred over $860,000 in October to a company managed by one of two Massachusetts men arrested over helping Ghosn in fleeing from Japan two months later, U.S. prosecutors said. Ghosn wired the money in two installments to the company Promote Fox LLC, which is managed by Peter Taylor and […]
EU antitrust extend Fiat, Peugeot investigation to November 13
EU antitrust regulators have extended their investigation into Fiat Chrysler Automobiles (FCA) and Peugeot maker PSA’s proposed $50 billion merger to November 13, the European Commission said on Tuesday. “The Commission extended the deadline in agreement with the parties,” according to a spokeswoman for the EU competition enforcer. The Commission started a four-month-long probe last […]
