Ex-Nissan boss Carlos Ghosn, who fled to his parents’ birthplace in Beirut from Tokyo where he was facing trial, criticised Japan’s judicial system and said company shareholders are now paying the price for the aftermath of his incarceration.
Germany’s Daimler AG, maker of Mercedes-Benz cars, saw its operating earnings fall by half in 2019 as its flagship luxury brand saw weaker profits in a tougher global auto market and as its vans division lost money.
Contemporary Amperex Technology Co., Ltd.(CATL), China’s largest automotive lithium-ion battery maker, predicted a 20 to 45 percent growth in its net profit attributable to listed shareholders in 2019.
Two different air bag glitches have forced Toyota and Honda to recall over 6 million vehicles worldwide, and both problems present different dangers to motorists.
In November 2018, Chinese Academy of Sciences(CAS) and Higher Education Commission(HEC)of Pakistan signed MOU to promote the construction of China-Pakistan Joint Research Centre on Earth Sciences.
General Motors’ self-driving car unit, Cruise, on Tuesday unveiled an electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing service, but did not say when it would go into production.
Tesla Inc became the first US$100 billion publicly listed US carmaker in extended trading on Tuesday.
Self-driving startup Cruise is bankrolled by GM, but it just revealed a new vehicle that envisions the end of cars
The Origin, which looks very much like the boxy transportation pod that some auto execs have been expecting, is the result of a collaboration between Cruise, GM, and Honda that started in late 2018.
Trade tensions with the US have spiralled after the chancellor, Sajid Javid, took a defiant stance at Davos.
Honda Motor Co. said it will recall 2.4 million older vehicles in the U.S. over defective air bags that now-bankrupt Takata Corp. told U.S. regulators in December could put drivers at risk, the automaker said Tuesday.