Germany looks forward to 1 million electric car charging points by 2030

Volker Kauder and Angela Merkel

Germany should have one million electric car charging stations by 2030, Chancellor Angela Merkel stated in a video message on Sunday, ahead of meetings with the car industry regarding the move to low-emission battery-powered vehicles. “For this purpose, we want to create a million charging points by the year 2030 and the industry will have […]

Italian, French unions say FCA-Peugeot deal only benefits shareholders

peugeot 208

A planned merger between Fiat Chrysler and Peugeot owner PSA is only going to benefit shareholders, two of the biggest Italian and French unions stated on Thursday, criticising a decision to invite labour groups in the decision. “The decision by FCA and PSA to start negotiations to merge the two groups without any involvement of […]

General Motors recalls 638,000 U.S. SUVs

General Motors

General Motors is recalling an estimated 638,000 U.S. sport utility vehicles and pickup trucks as a wheel-speed sensor could fail and cause unintended braking, it stated Thursday. The recall concerns 2015-2020 Chevrolet Suburban, Tahoe, and Yukon and 2014-2018 Chevrolet Silverado 1500 and GMC Sierra 1500 vehicles geared up with a 5.3-liter engine, a 3.08-ratio rear […]

UAW union president takes leave of absence under cloud of a federal investigation

United Automobile Workers (UAW)

The president of the United Auto Workers (UAW) union, who has been connected to an ongoing corruption investigation by U.S. federal officials, has taken a leave of absence, the union stated on Saturday in a statement. Gary Jones’ leave of absence, that follows a vote by the executive board, will be effective starting from Sunday, the […]

GAC respects merger plan between Fiat and PSA

Guangzhou Auto Show

Fiat Chrysler’s Chinese partner Guangzhou Automobile Group (GAC) stated it respected the firm’s decision to merge with Peugeot parent company PSA and would look to deepen its collaboration with the automaker. A spokeswoman made the comments to Reuters through text message on Thursday, following FCA and PSA statement that they would join forces through a […]

China’s auto market could decline by about 8% this year

china map

Auto sales in China may slip to 26 million this year, a fall of around 8%, a senior industry executive cautioned, as the world’s largest auto market braces for a second year of contraction amid declining economic growth and tougher vehicle emissions standards. The recent prediction, by Fu Bingfeng, executive vice chairman of the China […]

GM, Fiat Chrysler and Toyota thanked by Trump on California emissions fight

Donald Trump

U.S. President Donald Trump has thanked General Motors, Toyota Motor, Fiat Chrysler Automobiles and other significant automakers for “standing with” his efforts to block California from setting its own vehicle emissions regulations for cars and trucks. “California has treated the Auto Industry very poorly for many years, harming Workers and Consumers,” Trump tweeted. The automakers’ […]

Magna International to build dual-clutch and hybrid transmissions for BMW

Magna international logo

Canadian auto-parts maker Magna International stated on Wednesday it would construct dual-clutch and hybrid transmissions for German automaker BMW under a multi-year contract. The products will be made at Magna’s plants located in Germany and Slovakia, the company stated. Magna did not reveal the financial terms of the contract.

Ghosn rejects report of inappropriate use of Nissan money

Carlos Ghosn pictures

Former Nissan Motor CEO Carlos Ghosn rejected any impropriety over payments he made during his reign at the automaker, after a newspaper report that Japanese tax authorities determined he used company funds for private use. “Mr. Ghosn categorically rejects that there was anything improper about the payments or donations at issue, all of which were […]

Waymo is now offering limited “rider-only” trips in Phoenix, Arizona

Alphabet's Waymo self-driving car

Waymo CEO John Krafcik stated the self-driving vehicle company is now providing limited “rider-only” trips in Phoenix, Arizona, and is looking beyond the robo-taxi business to bring future revenue, including delivery services. Waymo, a unit of Alphabet Inc, has started offering completely automated rides, without attendants in the automobile, to a few hundred early users […]