Automakers fret as China clamps down on capacity, seeks consolidation

BEIJING (Reuters) – Some automakers in China are alarmed by proposed government restrictions on investing in new manufacturing capacity and the ways in which Beijing is trying to trigger consolidation of the country’s flabby auto industry through mergers and strategic cooperation. FILE PHOTO: Traffic congestion is pictured in Shanghai, China, April 19, 2017. REUTERS/Joe White/File… Continue reading Automakers fret as China clamps down on capacity, seeks consolidation

Apple is late to a self driving milestone — its first test car accident

Apple’s secretive self-driving vehicle program has disclosed its first accident, according to a report filed with the California Department of Motor Vehicles. The low speed accident, which occurred August 24, is a milestone of sorts for the company, albeit not one that is being celebrated. These days, as more companies head out onto public streets… Continue reading Apple is late to a self driving milestone — its first test car accident

UPDATE 1-Apple self-driving car in accident – California DMV filing

(Reuters) – An Apple Inc (AAPL.O) self-driving car was involved in an accident in California, the technology company said in a filing to the state’s Department of Motor Vehicles that confirmed speculation that it has begun testing such vehicles on the road. FILE PHOTO: The company’s logo is seen outside Austria’s first Apple store, which… Continue reading UPDATE 1-Apple self-driving car in accident – California DMV filing

The car adapts with difficulty to new European tests

He and his team spent the summer or more, but they achieved their goals. ” Everything is ready. Our vehicles are homologated according to the WLTP standard. There is no interruption of production in our factories, all our models are available for sale in our concessions, “smiles Gilles Le Borgne, head of R & D… Continue reading The car adapts with difficulty to new European tests

Mitsubishi Motors Announces Production, Sales and Export Figures for July 2018

*1 Beginning fiscal 2012, locally branded models produced in China, which to date had been included in the output figure for China, are now excluded *2 Includes imports to Japan   [ Summary : July 2018 ] < Domestic Production > July 2018・・・First consecutive monthly year-on-year increase since February, 2018 ( 114.4% year-on-year ) <… Continue reading Mitsubishi Motors Announces Production, Sales and Export Figures for July 2018

James Bond cult brand: Aston Martin reviews IPO

All articles and backgrounds 08/29/2018 James Bond cult brand Aston Martin reviews IPO DPA James Bond aka Daniel Craig gets out of an Aston Martin DB 10 British sports car maker Aston Martin wants to go public. A corresponding registration document as a condition for the Gang on the floor the automaker had submitted to… Continue reading James Bond cult brand: Aston Martin reviews IPO

VW Group hit hard by new emissions test

To gauge the impact of WLTP, an Autocar survey of car firms revealed that, while most were expecting no issues or delays due to WLTP, several have been forced to suspend production or axe models to meet the new rules. Volkswagen Group brands have been particularly affected by the change in tests. Audi, Seat, Skoda… Continue reading VW Group hit hard by new emissions test

Toyota, Renault, VW: Japanese and French depend on German carmakers in terms of efficiency

Toyota production in Miyawaka In terms of operating profit, Japanese carmakers are even leaving Daimler behind. (Photo: AP) DüsseldorfThe world in Wolfsburg could actually be okay. With 5.5 million vehicles sold was VW also in the first half of the year the largest automaker in the world. Even the profit was lush with 8.16 billion… Continue reading Toyota, Renault, VW: Japanese and French depend on German carmakers in terms of efficiency