Czech automaker Skoda Auto, part of the Volkswagen Group, delivered 1.149 million vehicles in the January-November duration, a 5.1 percent increase from a year ago, it said on Thursday. Deliveries in November alone dropped 3.9 percent, mostly because of declines in China, the automaker’s largest market.
Hyundai Motor plans to issue funding worth 1.7 trillion won ($1.5 billion) to stabilize management of its providers, the company stated on Thursday. The funding is designed to also encourage research and development and innovation by the suppliers.
White House officials informed automakers after a U.S.-China trade call that the Trump administration believes China will cut tariffs on U.S. autos to 15 percent from the current 40 percent, an auto executive stated on Tuesday after being briefed on the earlier evening’s call. The executive informed Reuters the United States had not received any
Germany automaker BMW stated on Saturday Alejandro Vukotich is going to be the new head of its driver assistance and autonomous driving development department from January next year. Vukotich will replace Elmar Frickenstein, who has been in charge of the department since it was created in May 2016 and who will retire following a three-month handover
German auto supplier Bosch expects worldwide car production in 2019 to stagnate at this year’s level, the head of its core auto parts unit stated on Thursday, mentioning a cool-down in China and reduced demand for diesel cars in Europe. “Next year will be subdued. But we do not expect a downturn,” stated Rolf Bulander,
France will ensure the long-term viability of Renault, Finance Minister Bruno Le Maire stated on Monday following Carlos Ghosn, chairman of the automaker’s partner Nissan Motor, arrest on Monday. “The key question for us is to make sure the stability of Renault and of the alliance between Renault and Nissan and so I am collaborating
Electric bikes have grown popular over the years. An electric bike is just a bike with pedals and an electric motor. Most electric bikes can travel for up to 10 and 25 miles per charge. The distance might, however, be less if a bicycle operates on the motor alone and with no peddling. Electric bikes
Cars have become a necessity for almost everyone today which is why more than 1 billion vehicles were being driven all around the world according to a report published a few years ago. The numbers have only risen and this is the reason which has also led to increased number of casualties on the road.
Fresh off a $7 billion rescue for its loss-making South Korean operation, General Motors is dealing with a new threat as U.S. President Donald Trump thinks about higher vehicle import tariffs that could “make or break” its Asian subsidiary. Previously this month GM agreed on the bailout package with the South Korean government in return
Trump administration demands in NAFTA trade negotiations for pushing auto jobs back to the country may not be enough to spark a shift in where car manufacturers build cars and trucks. New math to determine what qualifies as vehicle content, what limits apply to permit tariff-free auto imports and how long companies would have to
Several mishaps may leave you stranded on the road, waiting for a tow truck to arrive. Maybe you got involved in an accident, maybe your car broke, or maybe you just ran out of battery. Regardless of the reason, there are things you should avoid doing while you wait for said tow truck to arrive,
A trade group representing U.S. auto parts makers stated on Wednesday it is in favor of stronger bilateral engagement between the United States and China and that tariffs were not the solution for intellectual property theft. “We are worried about the impact that tariffs will have on the ability of our 1,000 company members to
Most view speeding tickets as being minor things that don’t merit much stress. Yet any incident with law enforcement should be taken seriously. Don’t ever assume that your alleged offense is minor enough that it may get overlooked; even something as seemingly simple as a speeding ticket can end up having lasting consequences. Once you
Continental AG has hired JP Morgan to recommend on a possible break-up, sources informed Reuters, as the car parts maker rearranges for a market focused on electric and self-driving automobiles. The U.S. investment bank has been mandated by the Hanover-based part and tyre maker to deal with strategic alternatives, consisting of a separation of its
A male in his 30s died after the car he was travelling in crashed into a bus stop and a lamppost during a police chase on Christmas morning. The victim was in the passenger seat of the BMW which was left totally mangled in Liverpool at 4.35 am. Pieces of the vehicle were left strewn