The International Air Transport Association states the coronavirus outbreak that started in China could cost airlines as much as $113 billion in lost revenue because of the collapse of air
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New electric models are going to encourage BMW and Daimler cut emissions from the vehicles they sell by an average of 20% this year, the German automakers predicts, as they
Indian automaker Tata Motors warned on Friday about lower profit at its British luxury auto brand Jaguar Land Rover (JLR) for the fiscal year as the coronavirus outbreak has impacted
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
Japan’s demographic time bomb – largely made up of seniors and a shortage of working taxpayers – is often recognized as an economic crisis. But such consequences in the industrialized
Nissan Motor is pushing on with strategies to construct its new Qashqai sports utility vehicle at its British factory even after warnings over Brexit, declaring on Friday a 52-million pound
Peugeot CEO Carlos Tavares stated on Friday PSA and Fiat Chrysler (FCA) will have to evaluate their strategy in China in order to increase sales after the closing of the
General Motors on Wednesday introduced Ultium, a battery with higher capacity and fast charging abilities, to power its upcoming line of electric vehicles. The Detroit-based company stated majority of its
Federal regulators seeks to fine Boeing $19.68 million for setting up sensors that the agency states might not have been compatible with a system pilots use to observe instrument readings.
Fiat Chrysler Automobiles stated on Wednesday its U.S. sales chief, Reid Bigland, is stepping down from the company to pursue other interests. Bigland has been with Fiat Chrysler for 22
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