PLANO, Texas, Sept. 4, 2019 /PRNewswire/ — Toyota Motor North America (TMNA) today reported August 2019 sales of 248,334 vehicles, an increase of 11.3 percent on a volume basis and up 7.4 percent on daily selling rate (DSR) basis versus August 2018. Toyota division achieved a best-ever August, posting sales of 218,403 units, up 12.3 percent… Continue reading Toyota Motor North America Reports August 2019 Sales
Category: Newswire
Hyundai Motor America Reports August 2019 Sales
FOUNTAIN VALLEY, Calif., Sept. 4, 2019 /PRNewswire/ — Hyundai Motor America reported August sales of 63,737 units, a 12% increase in comparison with August 2018 and the 13th straight month of increasing total sales on a comparative monthly basis. Hyundai SUVs continued to resonate with customers, setting an all-time August sales mark. Additionally, Hyundai fleet sales… Continue reading Hyundai Motor America Reports August 2019 Sales
Hyundai Motor Group Develops Wearable Vest Exoskeleton to Alleviate Burden in Overhead Work
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Faraday Brings in BMW Veteran to Prolong Improbable Comeback Bid
Faraday Future, the electric-vehicle upstart that was on the brink of insolvency last year, hired a BMW AG veteran to lead efforts to finally bring its debut car to market and raise more money.
German carmaker Audi misses deadlines for engine software updates: reports
BERLIN, Sept. 3 (Xinhua) — Volkswagen subsidiary Audi has missed several deadlines and even failed to “submit all necessary paperwork” for most of the affected diesel cars, the German business newspaper and broadcaster Bayerische Rundfunk reported on Tuesday.
Citing from a government response to a parliamentary inquire by Germany's Green Party, Handelsblatt and Bayerische Rundfunk reported that Audi was considerably behind schedule in removing software manipulations of Euro 6 and Euro 5 diesel vehicles.
According to the reports, Audi failed to provide application documents for many of Audi's car models and necessary software updates could not be approved by the German Federal Motor Transport Authority (KBA).
Audi's A8 luxury sedan with a 4.2-liter Euro 6 engine is also affected. The KBA had ordered a recalled of the car about two years ago, after the Environmental Action Germany (DUH) had found the highest nitrogen oxide values it ever measured for a Euro 6 vehicle.
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Electric Car Sales Fall for First Time After China Cuts Subsidy
Global electric-car sales fell for the first time in modern history in July after China scaled back purchase subsidies, highlighting the role government assistance is having on the burgeoning market.
Verra Mobility Partners with APRR to Expand Its European Footprint and Provide Services to More Customers
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German automotive supplier Schaeffler resorts to short-time work
BERLIN, Sept. 2 (Xinhua) — German automotive and industrial supplier Schaeffler has reduced working time by an average 25 percent for about 250 of its 500 employees in the special machine construction sector at its Erlangen-Frauenaurach location, the company announced on Monday.
Schaeffler did not specify how long the new regime would last. The measure would be in effect “until further notice,” a company spokesperson said.
Last week, Schaeffler announced that as of Dec. 1, contracts of employees whose working hours had been increased from 35 to 40 hours per week would be reduced to the agreed 35-hour week.
Back in March, the company had presented an efficiency program that included the possibility of short-time work for its employees. At the time, Schaeffler had also said that it would cut 700 jobs in Germany.
According to Schaeffler, the measures were the result of a number of external and internal factors that had led to a significant weakening of the EBIT (earnings before interest ..
Karma Automotive Names New VP of European Sales and Network Development
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Chinese BYD close to battery supply deal with Audi
Volkswagen’s Audi luxury-car brand is in talks to add China’s BYD as a supplier of batteries used in its premium electric vehicles.VW plans to deliver 22 million fully electric vehicles worldwide by 2028.BYD also cooperates with Audi rival Daimler on making the Denza brand of electric vehicles.