A proposal is being floated atop Nissan Motor Co. for the company to revive efforts to push Renault SA to reduce its stake in the Japanese carmaker and help balance the partnership, a person familiar with the matter said.
Author: World_Newz Mon
Ford to pay $30M-plus for lawsuit over transmissions
Ford will pay at least $30 million in a proposed settlement over a class-action lawsuit related to failing transmissions in its Fiesta and Focus vehicles.The lawsuit represents nearly 2 million owners and former owners of the cars, which had bad dual-clutch transmissions, the Detroit Free Press reported, citing court documents.The case was filed in 2012.
Half of Taycan Buyers Are New to the Brand, Says Porsche CEO
Half of Taycan Buyers Are New to the Brand, Says Porsche CEO Bloomberg | Jan 24, 2020 at 11:00 PM But only 130 have been delivered in the United States so far.
Suzuki Motor Corp says must respond to Dutch emissions probe by mid-Feb
TOKYO, Jan 24 (Reuters) – Japan's Suzuki Motor Corp is co-operating with the Dutch authorities over their findings its diesel vehicles had broken the country's emissions rules, and it is required to respond to the investigation by mid-February, it said on Friday.
The Dutch road authority ruled on Thursday that Suzuki's Vitara and Fiat Chrysler's Jeep Grand Cherokee diesel models broke emissions rules and must be fixed or face a ban on sales across Europe.
In a statement, Suzuki said diesel versions of its Vitara and S-Cross vehicles used engines and emissions software supplied by Fiat Chrysler.
The Dutch authorities said the vehicles in question, which are no longer in production, showed emissions levels higher than allowed following a software update in 2017, Suzuki said.
Earlier this week, the German authorities said they were investigating Mitsubishi Motors Corp for suspected use of illegal, emissions defeat devices installed in its diesel engines.
More sourcesS..
Canadian judge approves C$196.5 mln Volkswagen fine for diesel emissions
Jan 22 (Reuters) – A judge in Canada approved a $196.5 million (CAD) ($149.5 million) fine against Volkswagen AG on Wednesday after the company pleaded guilty to dozens of counts of diesel emissions violations.
Volkswagen was charged in December with importing nearly 128,000 vehicles into Canada violating emissions standards. VW pleaded guilty after being charged with 60 counts of breaching the Canadian Environmental Protection Act and providing misleading information.
Canadian news outlets said the fine was the largest environmental penalty in Canadian history.
Prosecutors had proposed the fine to resolve the issue earlier on Wednesday.
“The resolution acknowledges the extensive measures by Volkswagen to make things right in Canada and strengthen its global compliance policies. The payment from the company will be used to support environmental projects nationally and in the provinces across the country,” Volkswagen said in a statement.
Volkswagen admitted to using illegal software to ..
Daimler Testing Whether Household Waste Can Be Used in Car Parts
Daimler AG agreed to test recycled waste produced by Israel’s UBQ Materials Ltd. to see if it’s viable for use in car parts for new vehicles.
Total to Install Up to 20,000 Car Charging Points in Netherlands
Total SA won a contract to install and operate as many as 20,000 new public charging points for electric vehicles in the Netherlands as the country presses ahead with policies to fight global warming and pollution.
Debt-laden Evergrande raises more debt
…percentage point from the same period a year ago. Evergrande is under pressure from its debt overhang amid a cooling market and heavy investments in electric cars . At the end of June 2019, the company…
BMW has record year in Hungary
The BMW Group closed 2019 with record sales in Hungary, up 18% from the previous year, selling a total of 3,714 BMWs, and 59% more Mini models, said András Salgó, corporate communications director, at a press conference, writes origo.hu.It is ranked third in the all-electric cars marketed in Hungary, after the Nissan Leaf and Volkswagen e-Golf.In 2019, a total of 1,706 fully electric cars were sold on the Hungarian market.
Magyar Suzuki to make only hybrid models for EU markets
Japanese car market Suzuki will produce only cars fitted with hybrid engines from this year for EU markets at its plant in Esztergom (39 km northwest of Budapest), the company told Hungarian news agency MTI on Monday.It had revenue of EUR 1.95 billion in 2018, including domestic revenue of EUR 280.4 million.