GM’s American vehicle production could see impact from coronavirus from this month, says CEO

General Motors

General Motors’ North American vehicle production could be affected with the coronavirus epidemic as early as this month, said CEO Mary Barra. The automaker’s Chairman and CEO Mary Barra stated on Wednesday that the automaker has enough components to continue production uninterrupted “deep into this month”. Barra says that task force of workers is continuing to monitor the […]

South Korea ministry to file complaint against BMW for ‘delayed’ response

bmw 520d

South Korea’s transport ministry stated it would lodge a complaint against German luxury automaker BMW with prosecutors for supposedly delaying recalls and concealing problems that resulted in several engine fires in the country this year. The ministry also fined BMW 11.2 billion won ($9.96 million) for “delayed recalls”. A faulty exhaust treatment system in BMW […]

Hyundai observes Russia auto market growth slowing in next year

Hyundai i10 images

South Korea-based automaker Hyundai Motor expects growth in the Russian auto market to reduce significantly in 2019, the head of its Russian branch said on Monday. Automakers have warned Russia’s strategy to raise value added tax in next year would hit vehicle sales, which have recently just started to recover from four years of stagnation. […]

Volkswagen to write off investment in Gett

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German automaker Volkswagen is going to write off its investment in Gett after the Israel-based ride hailing app failed to achieve ground on bigger competitors Uber, Lyft and Didi, weekly Der Spiegel reported on Friday. Volkswagen spent $300 million in Gett in 2016, saying it intended for on-demand mobility services such as smartphone ride hailing […]

Tokyo court declines prosecutors’ appeal against decision not to extend Ghosn’s detention

Carlos Ghosn Renault-Nissan

A Tokyo court upheld a decision that refused to extend the detention of former Nissan Motor Chairman Carlos Ghosn and former Representative Director Greg Kelly, public broadcaster NHK stated on Thursday, a move that brings them nearer to a release on bail. The court turned prosecutors’ appeal against the original decision. Ghosn and Kelly were […]

Nissan CEO meets Renault’s acting boss

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Nissan Motor on Thursday stated CEO Hiroto Saikawa had held a one-on-one meeting with the acting boss of its partner Renault during talks between the alliance that took place in Amsterdam this week. Nissan stated that Saikawa characterized the discussion with Renault Deputy CEO Thierry Bollore as “positive” and “productive”. The Japanese automaker was ready […]

Volkswagen may have to step up electric car strategies to meet EU CO2 targets

2015 Volkswagen Golf R Line S door hatchback

Volkswagen may have to step up its strategies for mass production of electric vehicles in order to satisfy tougher-than-expected European targets to slash greenhouse emissions from vehicles, its chief executive stated on Tuesday. The remarks came following the European Union agreed to curb CO2 emissions from vehicles by 37.5 percent by 2030, and follow warnings […]