Takata Corporation, the Japanese maker of air bags at the centre of an auto industry-wide safety crisis, has recovered from its biggest-ever drop in Tokyo share trading after saying additional charges related to recalls would be small.
The next-generation Audi A8 will be able to drive itself.
PSA Peugeot Citroen could reach its cashflow target two years early thanks to better than expected growth at its growth at its Faurecia parts unit which contributed to an unexpected increase in third quarter revenue.
Volvo says it is looking to double its market share to 2% in order to offer an alternative to German brands.
Thailand’s new vehicle market continued to plummet in September, with sales falling by 27.5% to 68,843 units compared with 94,859 units in the same month of last year, according to data released by the Federation of Thai Industries.
Daimler said it had reorganised its cooperation with Tesla Motors by terminating the share-price hedge it initiated in 2013 and selling its Tesla stake of about 4% without affecting the cooperation between the two on automotive projects.
Mitsubishi Motors Corporation (MMC) has revised its consolidated forecasts for the first half of fiscal 2014 (to 30 September, 2014) from the previous forecasts announced on 24 April, 2014.
Scandinavian automotive supplier body, FKG, is confirming it will look to lead a supplier delegation to Iran early next year as a thawing diplomatic environment continues to take shape.
Automakers in the UK have boosted output in the calendar year to date to the highest level since 2008, producing 1,132,017 units – up just 0.6% year on year.
Scandinavian automotive supplier body, FKG, is describing the lack of a Swedish Industry Minister as a “bit odd,” following the election of a new Parliament in Stockholm.
Safety regulator NHTSA on Wednesday (22 October) expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata air bags that could spray shrapnel at occupants from 6.1m announced on Tuesday to 7.8m.
US highway safety regulator NHTSA last night (21 October) expanded its warning about faulty airbags made by Takata to 6.1m vehicles in the United States.