NEWS

Renault Samsung Motors Struggling with Sales, Labor Issues

10/1/2018

South Korea’s Renault Samsung Motors Co. is fighting sagging sales and continuing labor strife, the Korea Herald reports.

Toyota Warns of Plant Closure if U.K. Fails on Brexit Plan

10/1/2018

Toyota Motor Corp. says it will idle its assembly plant in England if the U.K. exits the European Union next spring without a free-trade agreement with the bloc.

California Votes to Enforce Current Car Emission Rules Through 2025

10/1/2018

The California Air Resources Board has voted to ban the sale of cars in the state that don’t meet current Obama-era air greenhouse gas emission standards for 2017-2025 models.

UPDATE: Canada, U.S. in Weekend Blitz to Reach Accord on NAFTA

9/29/2018

Mexico and the U.S. postponed a Friday night plan to publish details of their tentative trade deal to replace the North American Free Trade Agreement, thereby giving negotiators a chance to include Canada in the pact by Sunday night.

Honda Recalls 255,000 Cars to Fix Backup Camera Software

9/28/2018

A software flaw has prompted Honda Motor Co. to call back 255,000 late-model cars in Asia, Europe and North America.

Tesla Shares Sag after SEC Accuses Musk of Misleading Investors

9/28/2018

Shares in Tesla Inc. dropped 14% to $263 by mid-afternoon today, wiping out more than $6 billion in market value for the electric carmaker.

Honda Recalls Another 1.4 Million Cars to Fix Takata Inflators

9/28/2018

Honda Motor Co. is recalling 1.4 million Acura and Honda brand vehicles in the U.S. to replace Takata airbag inflators that could explode when triggered by a crash.

Audi Tech Development Chief Departs

9/28/2018

Peter Mertens, an Audi AG board member in charge of technical development, is leaving the company due to health reasons.

VW Postpones Decision on Jailed CEO

9/28/2018

Today Volkswagen AGs supervisory board put off a decision about the fate of Audi CEO Rupert Stadler, who has been in jail since June on charges of interfering with a probe into diesel emission cheating.

Lotus to Renovate U.K. Headquarters

9/28/2018

Group Lotus plc plans to add a customer experience center, museum and heritage center to its headquarters campus in Hethel, England.