BMW expects to earn a profit this year if demand continues to recover, despite posting a record loss for its auto division in the second quarter after sales declined 25%
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Japanese automakers’ China sales increased by over 10% from a year earlier in July as the world’s biggest auto market showed some recovery amid coronavirus crisis. Nissan Motor said on
Japanese automaker Honda Motor on Wednesday forecast a 68% decline in annual operating profit to a 10-year low with worldwide demand for cars expected to slide due to the coronavirus
Ford Motor incoming CEO Jim Farley said on Tuesday he wants to expand the automaker’s operations into relevant technology fields, including software, fleet management, and electric vehicle charging. “These are
Ferrari has trimmed its full-year earnings forecast on Monday following the decline in second-quarter income of about 60% because of the impact of the coronavirus crisis but said orders were
General Motors on Monday asked a U.S. federal judge to reinstate a racketeering lawsuit against Fiat Chrysler Automobiles (FCA), saying it has new details on foreign accounts used in an
U.S. new vehicle sales in July continued to show indications of recovery from the coronavirus pandemic, as Toyota Motor on Monday published its lowest sales reduction since the coronavirus crisis
Volkswagen’s Czech automaker Skoda Auto named VW’s South Africa boss Thomas Schaefer as its new chairman on Monday as part of a broader shake-up at the automaker. Schaefer is taking
The percentage of first-time buyers and additional vehicle buying have boosted in the midst of the coronavirus crisis as customers prefer personal mobility over public transport, a senior official of Maruti Suzuki India
Increasing concerns about vehicle safety and stringent government regulations have spurred technical innovations across the automotive lighting market. Additionally, the increasing population and rising consumer buying power throughout the developing world
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