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NEW YORK, United States (AFP) — Toyota will pay $180 million to settle charges it failed to comply with rules mandating that auto companies report problems with vehicle emissions to authorities, the US Department of Justice said on Thursday. “Toyota pays the price for its misconduct with a $180 million civil penalty and agreement to injunctive relief to ensure that its violations will not be repeated,” Assistant Attorney General Jeffrey Bossert Clark said in a […]
BERLIN, Germany (AFP) — Daimler has approved settlements worth $2.2 billion over emissions cheating software in its diesel vehicles in the US, the German carmaker said Thursday. The company has “reached an agreement in principle with various US authorities to settle civil and environmental claims regarding emission control systems of approximately 250,000 diesel passenger cars and vans in the United States,” it said in a statement. The agreement includes $1.5 billion to be paid to US […]
by Dan Martin / Beiyi SEOW Agence France-Presse SHANGHAI, China (AFP) — Chinese entrants in the race to put autonomous vehicles on the road are bringing “robotaxis” online in hopes that a hired-car format can be the key to unlocking wide acceptance of the futuristic technology. It is expected to be years before cars that operate completely without human intervention are unleashed owing to lingering technological, regulatory, and safety hurdles. But as China challenges US […]
FRANKFURT AM MAIN, Germany (AFP) — German automobile group Daimler said Tuesday it was partnering with Sweden’s Volvo to make hydrogen batteries for trucks, as car giants accelerate a push to wean vehicles from fossil fuels. The joint venture between the two, valued at 1.2 billion euros ($1.3 billion), is “a milestone in bringing fuel cell powered trucks and buses onto our roads,” said Daimler Truck chairman Martin Daum. “By forming this joint venture, we […]
FRANKFURT AM MAIN, Germany (AFP) — German carmaker BMW said Wednesday it would close European and South African factories accounting for half its output for a month, matching other car giants stricken by coronavirus containment measures. It also warned that profits this year would be significantly lower as a result of the crisis. “From today, we will shut down our European car factories and the Rosslyn factory in South Africa,” chief executive Oliver Zipse said, […]
TOKYO, Japan (AFP) — Former Nissan boss Carlos Ghosn, who fled to Lebanon to avoid a Japanese trial, was carrying one of his two French passports, local media said Thursday, as Japan launched a probe into the embarrassing security lapse. Ghosn, who faces multiple charges of financial misconduct that he denies, won bail in April but with strict conditions, including a bar on overseas travel. His lead lawyer Junichiro Hironaka has said lawyers hold […]
WASHINGTON, United States (AFP) — Honda said Friday it will recall 1.6 million vehicles in the US as it moves toward wrapping up the process of replacing defective Takata air bags in cars sold in America. Honda said the plan involves Honda and Acura vehicles with air bag inflators used in earlier recall repairs. The company said this recall is being done six months ahead of a deadline set by the US National Highway […]
French and Italian-US auto giants Renault and Fiat Chrysler are set to announce talks on an alliance, with a view to a potential merger, informed sources said on Sunday. Renault and FCA are likely to unveil the move “within hours, perhaps tomorrow (Monday), before the (Paris) bourse opens,” one of the sources told AFP on condition of anonymity, adding an eventual “merger” was on the agenda. The same source added a statement would cover “the […]
NEW YORK, United States (AFP) — Tesla has pulled the plug on Internet sales of its cheapest Model 3 sedan in the latest shift to the company’s retail strategy. The electric car maker plans to keep taking online orders for the Standard Plus Model 3, which starts at $39,500 and is now the lowest-price option available to digital consumers, along with higher-end models. But online customers will no longer be able to order the Model […]
TOKYO, Japan (AFP) — Lawyers for former Nissan chief Carlos Ghosn on Thursday filed a fresh bail request for the auto titan who has been detained for more than three months, the Tokyo District Court said. It is the first bail request filed by the 64-year-old since he shook up his legal team as he crafts his defence to three charges of financial misconduct. The former high-flying executive has been in detention since his shock […]
LONDON, United Kingdom (AFP) — Japanese car giant Honda is expected to announce the shutdown of its plant in south west England in 2022, putting 3,500 jobs at risk, media reports said Monday. The carmaker is to announce the closure of its Swindon plant on Tuesday, according to Sky News, but still keep its European headquarters in nearby Bracknell. Nissan and Ford have also warned that jobs could be lost at British plants as Britain […]
TOKYO, Japan (AFP) — Japanese automaker Nissan, rocked by the arrest of former chairman Carlos Ghosn, on Tuesday revised downward its full-year forecast as nine-month net profit dropped more than 45 percent. It was Nissan’s first earnings report since Ghosn was arrested on November 19 and then sacked as chairman. He is in detention facing charges of financial misconduct. The firm’s bottom-line profit fell 45.2 percent to 316.7 billion yen ($2.9 billion), said Nissan — […]
