Mexico states it rejects threats against investment following Trump comment

Mexico

Mexico’s government stated on Friday it declines any effort to use threats to impact financial investment in the nation, one day after U.S. President-elect Donald Trump stated Japanese carmaker Toyota would need to pay a substantial tax to produce vehicles in Mexico for U.S. customers. “The Economy Ministry categorically rejects any effort to influence investment […]

China TV report targets international car companies for faulty brake pads

china map

China Central Television (CCTV) report on Sunday informed about the complaint by the nation’s safety watchdog this year that some imported brake pads meant for automobiles sold by international automakers, consisting of Volkswagen and Toyota were discovered to be faulty. Leading foreign companies in China have in some cases been struck by consumer reaction after […]

General Motors, Ford, Honda, And Others Report Sales Amid Demand Concerns

General Motors and most of other car manufacturers on Tuesday report October U.S. sales, amid issues about waning need. A possibly maxed-out auto-loan market and incentives’ effect on earnings. Ford Motor, however, will not be amongst them. Ford stated late Monday that it will launch results later on today due to a fire at its Dearborn, […]

Ford, Google to build self-driving cars with each other

Ford and also Google could be intending a joint venture to create self-driving vehicles, matching the strengths of both companies to obtain self-driving vehicles on the road faster. Ford Chief Executive Officer, Mark Fields will make the announcement in January at the 2016 International Consumer Electronics Show, as per Yahoo Autos, pointing out three sources. […]