In this Oct. 25, 2017, photo, Subaru Viziv concept car is displayed during the media preview of the Tokyo Motor Show in Tokyo. Japanese automaker Subaru is investigating whether it carried out illegal inspections on its own vehicles and if any recalls might be needed. Japanese media say unauthorized people
Vehicle
Wall Street Loves Electric cars, America Loves Trucks
DETROIT (Reuters) - Wall Street may love the shares of Silicon Valley electric carmaker Tesla Inc, but Americans love big, fuel-thirsty trucks like Ford Motor Co’s best-selling F-Series pickups and are paying ever-higher prices to buy them. The auto industry is at a crossroads, with the future of legacy automakers like
UK car manufacturing falls in September
Image credit BBC. UK car production UK car production fell during September as confidence was hit by Brexit uncertainty, according to a major car industry body. Plans to improve air quality also added to the decline in car output, the Society of Motor Manufacturers and Traders (SMMT) said. A 14% fall in demand
Hyundai profit down 20 percent as China woe continues
SEOUL, South Korea (AP) — Hyundai Motor Co., South Korea’s largest automaker, reported a 20 percent plunge in its net profit Thursday, continuing its losing streak to nearly a fourth year, as its sales remain weak in China due to anger over a missile-defense system. Hyundai’s overall vehicle sales except for
Tesla’s Seat Strategy Goes Against The Grain…For now
SAN FRANCISCO (Reuters) - The seats on Tesla Inc’s new Model X SUV were a mess. An outside contractor was having trouble executing the complicated design, spurring frustration and finger-pointing between Tesla and its supplier. How would Tesla ever pull off mass production of the upcoming Model 3, the car intended to catapult the
Nissan executive bows to apologize for inspections scandal
FILE PHOTO: A Nissan logo is seen at a car dealership in Ciudad Juarez, Mexico May 30, 2017. Picture taken May 30, 2017. REUTERS/Jose Luis Gonzalez/File Photo TOKYO (AP) — Nissan Executive Vice President Daniele Schillaci bowed deeply for several seconds in a Japanese-style apology Wednesday, expressing his remorse for widespread
Toyota confirms scaling back of Mexico plant for truck needs
Didier Leroy, executive vice president of Toyota Motor Corp., presents a Toyota Concept during the media preview of the Tokyo Motor Show in Tokyo Wednesday, October 25, 2017. Toyota confirms scaling back of Mexico plant for truck needs. TOKYO (AP) — Toyota Motor Corp. confirmed Wednesday that a planned Mexico auto plant
Toyota: Committed to Hydrogen Cars Despite Potential ‘Game Changer’ EV battery
Toyota Motor Corp. Executive Vice President Didier Leroy presents the company's Concept-i series as a screen shows the company's President Akio Toyoda during the media preview of the 45th Tokyo Motor Show in Tokyo. TOKYO (Reuters) - Toyota Motor Corp said its solid-state battery technology under development could be a “game
EU raids Daimler and VW in widening cartel inquiry
FILE PHOTO: The Mercedes star logo of an E Coupe is pictured before the annual news conference of Daimler AG in Stuttgart, Germany, February 2, 2017. REUTERS/Michaela Rehle/File Photo HAMBURG/BERLIN (Reuters) - European Union and German antitrust officials searched the offices of Daimler and Volkswagen on Monday, widening an inquiry into alleged collusion. The
Singapore to Stop Adding Cars to City From February 2018
Bloomberg - Singapore one of the world’s most expensive places to own a vehicle, will stop increasing the total number of cars on its roads next year. Singapore Transport regulator had announced on Monday that the government will cut the annual growth rate for cars and motorcycles to zero from 0.24percent effect from February. “In