Mitsubishi Motors is postponing the restart of its plant with Guangzhou Automobile Group located in Hunan province until 27 because of coronavirus outbreak, the Japanese automaker stated on Friday. It
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Volkswagen is closing two coal-fired power stations at its major plant in Wolfsburg, Germany and has rejected offers to sell them to slash the company’s carbon dioxide emissions, CEO Herbert
Toyota Motor stated on Saturday it plans to restart output at three of its four major auto plants in China next week. The resumption of production had at first been
Fiat Chrysler (FCA) stated on Friday it had temporarily stopped production at its Serbian plant, the first such suspension by an automaker in Europe in response to the coronavirus outbreak
Volkswagen stated it will compensate owners of its heavily polluting diesel automobiles in Germany in a settlement that will cost automaker 830 million euros ($900 million). In 2015 VW admitted
China’s auto sales dropped in January, deepening a significant downturn in the industry’s biggest auto market and adding to economic pressures as the country battles Coronavirus, a virus outbreak. Sales
Airbus’ CEO stated Thursday that his company observes no short-term benefit from Boeing’s troubles with its grounded 737 MAX due to the rivaling A320 being sold out years ahead. CEO
Uber continues to lose money as it broadens its food delivery business and continues to work on driverless cars. But revenue for its rides business almost tripled in the last
Nissan filed a $91 million lawsuit against former Chairman of the company Carlos Ghosn on Wednesday in a Japanese court, contributing further into the range of issues emerging from Ghosn’s November
Tesla Inc is recalling 15,000 Model X SUVs due to a potential issue that can result in a loss of power steering assist that could make steering more difficult and
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