Some European OEMs are seeing a recovery in autos: Daimler experienced a gradual recovery in orders in the latter part of Q2, while Volkswagen AG is predicting the rebound in China’s car market will pick up. Volvo AB is one …
India’s auto sales volume, significantly impacted by the pandemic, will take three-to-four years to return to peak levels, according to Reuters. Sales of cars, SUVs, motorbikes and trucks had already fallen 75 per cent by April 1 from a year …
U.S. presumptive Democratic presidential nominee Joe Biden revealed a Cash for Clunkers-style plan to offer incentives or rebates to consumers to help boost the adoption of electric vehicles and increase EV production. “The plan seems rooted in a proposal from …
The Volkswagen division is freezing new hiring until the end of the year. “We remain under substantial cost pressure,” said the brand’s chief Ralf Brandstaetter. “Deliveries and therefore revenue have dropped sharply. At the same time a large amount of …
Tesla’s use of the terms “Autopilot” and “Full Self Driving” have been banned in Germany by Munich’s Regional Court due to its controversial nature. “Calling both ‘misleadingly prohibited’, the Court banned further use of both names, not least because Tesla’s …
After 20 years, Nissan is changing its logo to a design meant to reflect its next generation of high-tech vehicles, according to CadAdvice. Dealership showrooms will make the transition to the new design over the next few years. “The new …
Canadian Prime Minister Justin Trudeau reportedly urged U.S. President Donald Trump to reconsider his idea to impose new tariffs on Canadian aluminum. “I highlighted to the President that the pandemic has disrupted usual manufacturing processes and supply chains, and that …
Toyota will reportedly provide eligible employees with the option to work from home on a permanent basis. The move comes as the automaker is looking for ways to keep employees safe during the pandemic. It also comes as “Toyota officials …
Discussions over cost cuts between Daimler and labour representatives are reportedly heating up and have become “rougher.” The OEM was anticipating cutting at least 10,000 jobs but Daimler board member Wilfried Porth said that “more than 15,000 workers would now …
Tesla’s shift away from cobalt could reduce the price of an electric vehicle. “The company is placing a huge bet on rechargeable battery technology that doesn’t use cobalt,” said Forbes. “This is one of the main elements making lithium ion …
The U.K. and Japan hope to reach an agreement on a trade deal by the end of the month and formally sign it in September. “The countries are working to clinch an agreement on the basis of the Japan-EU FTA, …
Canadian auto dealer editor Todd Phillips interviews Todd Bourgon, Exec. Dir., TADA about the association’s Auto Dealers Innovation Series and Expo, powered by the ACE event in September. The event will feature keynotes, exhibitors and ways for attendees to connect. …
