Volkswagen AG truck brand Scania stated on Tuesday it is going to invest 1.4 billion reais ($344.14 million) to modernize its Brazilian factory located in Sao Bernardo do Campo, an industrial city close to Sao Paulo. The investment in the historic center of Brazil’s auto industry comes after Ford Motor’s decision to depart the heavy […]
Author: admin
American senators urge Volkswagen to end delay in Tennessee union vote
Three Democratic U.S. senators on Tuesday debated a decision by Volkswagen AG’s U.S. unit to postpone a union election for employees at its Tennessee assembly plant. Previously this month, the largest German automaker won its bid to put off a union vote for 1,700 employees at the Chattanooga plant until its challenge to a smaller […]
Japan auto lobby dismayed as Trump declares some imports security threat
Japan’s automakers’ lobby stated on Tuesday that it was dismayed by the US President Donald Trump’s declaration that some imported vehicles and parts posed a threat to U.S. national security, as the industry braces for a potential increase in U.S. tariffs. Trump made the unprecedented designation of foreign automobiles on Friday but delayed for up […]
Most new vehicles to get over-the-air upgrade tech by 2023, says General Motors
General Motors stated on Monday that majority of its global models will be capable of over-the-air software upgrades by 2023, as GM presents new vehicle electrical systems aimed to securely handle heavy data traffic and software downloads from the internet. General Motors and other established auto companies have been not that quick to catch up […]
More than half of new cars will be electric by 2040
Electric cars comprise only a small fraction of the automobiles sold globally, but that will modify quickly, as per an analysis by Bloomberg New Energy Finance. By 2040, electric cars could comprise up 57% of all passenger car sales globally, the report found. That’s up two percentage points from BNEF’s 2040 projection from 2018. Electric […]
Ford to build more Lincolns for Chinese market regionally
Ford Motor prepares to start production of new luxury Lincoln models in China for that sector as they are launched, beginning with the new Corsair later this year, to take advantage of lower costs and avoid the risk of tariffs, a top executive stated on Monday. “It’s a huge, huge opportunity for Lincoln because we […]
CEO Musk to evaluate all of Tesla’s expenses in new cost cutting plan
Tesla Inc Chief Executive Officer Elon Musk informed workers on Thursday that he will boost scrutiny of the company’s expenses in his recent initiative to slash costs at the electric automaker. Tesla earlier this month shut down at a $2.7 billion offering of stock and convertible notes, providing it much needed cash as it increases […]
Ford announces thousands of workers to be laid off
Ford workers were informed by letter on Monday that 500 salaried employees are getting laid off and will have to clean out their desks by the end of the week. And that’s just the first of a wave of layoffs in the country that is expected to impact 800 by the end of June and […]
Toyota criticizes Trump designation on auto imports
Toyota Motor on Friday criticized U.S. President Donald Trump’s decision to announce some auto sector imports a national security threat, stating it sends a message to the automaker that “our investments are not welcomed.” The automaker, which is in the middle of constructing a $1.6 billion joint venture assembly plant and stated in March it […]
GMC trucks to deploy an adaptive cruise control system
General Motors’s truck brand GMC stated on Friday its 2020 Sierra large pickup trucks are going to have an adaptive cruise control system, in a push to catch up with its competitors. Adaptive cruise control system permits trucks to automatically adjust speed to maintain a set distance behind the automobile ahead. It showcases a single […]
Nissan Motor retains Saikawa as CEO
Nissan Motor stated Friday that Hiroto Saikawa would remain as chief executive, backing the protege of former chairman Carlos Ghosn even as top shareholder Renault had previously pushed for a modification in the Japanese automaker’s leadership. Saikawa’s re-appointment is likely to be observed as a rebuff to Renault SA, which has pushed for leadership modifications […]
Nissan projects the weakest profit in a decade
Nissan Motor attempting to rebuild its deteriorated reputation over failed corporate governance after the criminal investigation of two former executives, slash its operating profit outlook by a sharp 28 percent for fiscal 2019 to its lowest in a decade. At a news conference Tuesday at Nissan’s headquarters in Yokohama, CEO Hiroto Saikawa stated operating profit […]
Chicago alderman arrested for allegedly lying about his car being stolen
Police have arrested a Chicago alderman on charges accusing that he lied when he reported his vehicle had been stolen in January. Police state a news release that Alderman Proco “Joe” Moreno was arrested on Tuesday over felony charges of insurance fraud and obstruction of justice. On Wednesday he was released by a judge from […]
Car Flips Into Chesapeake and Ohio Canal
Two people taken to hospital, injuries are not life-threatening. Two people were taken to hospital with minor injuries after their car tumbled into the Chesapeake and Ohio Canal on Thursday morning, officials stated. County emergency services personnel and the Swift Water Rescue team informed around 7 a.m. close to the Old Angler’s Inn and Great […]
Ford Motor recalls 270,000 Fusion cars to fix a glitch
Glitch can cause the vehicles to roll away if the parking brake is not applied. Ford Motor stated Wednesday that it is recalling over 270,000 Fusion vehicles in North America to repair a transmission glitch that can lead the car to shift gears and roll away. The recall covers 2013-16 Fusion vehicles having 2.5-liter engines that […]
