Category: Automotive

Nissan production, sales and exports for March 2018 and April 2017-March 2018

YOKOHAMA, Japan (April 26, 2018) – Nissan Motor Co., Ltd. today announced production, sales and export figures for March 2018 and for the 12 months ended March 31. “The April 2017–March 2018 period set global production and sales records yet again,” said Executive Vice President Daniele Schillaci, global head of marketing and sales. “The strong… Continue reading Nissan production, sales and exports for March 2018 and April 2017-March 2018

Ford Australia fined $10m for mishandling faulty vehicle complaints

Automotive industry Carmaker also ordered to establish a compensation scheme after it mistreated customers whose vehicles had faulty transmissions • Sign up to receive the top stories in Australia every day at noon Ford Fiestas were among the models that customers complained about. Customers reported their vehicles shuddered, jerked or lost power. Ford has admitted… Continue reading Ford Australia fined $10m for mishandling faulty vehicle complaints

Mazda Production and Sales Results for March 2018 and for April 2017 through March 2018 (Flash Report)

2018/04/26 Production and Sales Mazda Motor Corporation’s production and sales results for March 2018 and for April 2017 through March 2018 are summarized below. Note 1): Overseas production figures indicate Mazda-branded units coming off the production line (excluding CKD units). However, non-Mazda-branded passenger vehicles produced at the Mexico plant are included.Note 2): Global production figures… Continue reading Mazda Production and Sales Results for March 2018 and for April 2017 through March 2018 (Flash Report)

Abandoned Car! Ford Dropping All Passenger-Car Models Except Mustang

In an unprecedented move that may reshape the entire auto industry, Ford will stop building all sedans and hatchbacks and shift production to crossovers and trucks. It is, by far, the company’s most dramatic production change in its 115-year history since Henry Ford adopted the assembly line. In its first-quarter statement on Wednesday, the company… Continue reading Abandoned Car! Ford Dropping All Passenger-Car Models Except Mustang

Four carmakers to recall over 230,000 vehicles: ministry

SEOUL, April 26 (Yonhap) — Four carmakers will voluntarily recall more than 230,000 vehicles to fix faulty parts, the transport ministry said Thursday. It is the latest in a series of recalls by carmakers and importers to ensure their vehicles meet current safety rules. The four automakers — Hyundai Motor Co., Kia Motors Corp., Jaguar… Continue reading Four carmakers to recall over 230,000 vehicles: ministry

Geely, Aisin sets up automatic transmission JV

A Geely Emgrand EV300 is on display at an auto exhibition in Fuzhou, East China’s Fujian province, June 19, 2017. [Photo/VCG] HANGZHOU – Chinese automaker Geely on Wednesday announced that it has signed a deal to set up an automatic transmission joint venture with Japan’s Aisin AW. The joint venture has a registered capital of… Continue reading Geely, Aisin sets up automatic transmission JV

Growth, earnings, environmental protection: in its quest to make mobility as emissions-free as possible Bosch has achieved a breakthrough

Presentation by Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH and Prof. Stefan Asenkerschbaumer, deputy chairman of the board of management, at the annual press conference on April 25, 2018 Ladies and gentlemen,we deliberately chose not to begin this annual press conference with the traditional presentation of our financial position.… Continue reading Growth, earnings, environmental protection: in its quest to make mobility as emissions-free as possible Bosch has achieved a breakthrough

Penta Security Introduces Blockchain That Trades Vehicle Data

Penta Security System has chosen blockchain as its new driving force. Based on its experiences from vehicle security industry, it is planning to introduce blockchain for trading vehicle data. It is also pushing for ICO (Initial Coin Offering) in Singapore next month.CEO Lee Seok-woo of Penta Security held a press conference at its headquarters on… Continue reading Penta Security Introduces Blockchain That Trades Vehicle Data