Tag: Recalls

BMW calls back 12,000 diesel cars

BMW: Recall at 5 and 7 for exhaust emissions – SPIEGEL ONLINE Illegal switch-off device BMW calls back 12,000 diesel cars BMW begins recalling about 12,000 diesel vehicles. In the models of the 5 and 7 series an illegal defeat device is installed. The manufacturer speaks of a technical breakdown. DPA BMW vehicles of the… Continue reading BMW calls back 12,000 diesel cars

Daimler profit warning upsets car industry

D The Daimler share will suffer the consequences of the lowered forecasts on Thursday. The share price of the automotive group falls by about 2.5 percent. The Daimler papers last cost just over 58 euros. Previously, they had marked with 57.65 euros the lowest level since the summer of 2016. Among the negative news about… Continue reading Daimler profit warning upsets car industry

Daimler expects less profit

Thursday, 06/21/2018 09:52 clock The car company Daimler has reduced its outlook for 2018. As reasons were the trade conflict between the USA and China and the diesel affair called. Daimler expects earnings before interest and taxes (EBIT) to be slightly below the previous year’s level in the current year, the Dax Group announced in… Continue reading Daimler expects less profit

Diesel affair burdened car dealers

19.06.2018 Ι The diesel affair hits workers in car dealerships and car repair shops twice as hard. They sell fewer cars and diesel car owners like to let their frustration on them. Employees in the automotive industry are increasingly suffering from the consequences of the diesel affair. “What is still earned in service, is lost… Continue reading Diesel affair burdened car dealers

How Mercedes buyers come for damages

Saturday, 06/16/2018 11:40 clock Now it has that Daimler Group but still caught. More than 770,000 cars drive on Europe’s roads with software that shuts off exhaust gas treatment far too often. And in Germany the group must call back 240,000 of these cars in which this software is used. Even more: With his recall… Continue reading How Mercedes buyers come for damages

Honda Certified Pre-Owned Vehicles Set All-Time Monthly Sales Record

Honda Certified Pre-Owned (CPO) vehicles set an all-time monthly sales record in May, with sales of 26,192 certified pre-owned vehicles, topping the previous sales high of 25,139 vehicles in August 2013.  The Honda Certified Pre-Owned program was recently named one of Autotrader’s “10-Best Non-luxury CPO Programs for 2018” based on multiple factors including powertrain warranty… Continue reading Honda Certified Pre-Owned Vehicles Set All-Time Monthly Sales Record

China Digest: Used car platform Cheduoduo, co-work space startup Distrii raise funds

June 14, 2018 Chinese startups Cheduoduo, a used-car platform, and co-working space operator Distrii have closed $17.7 million Series A investment and $23 million Series A+ funding round, respectively. China Growth Capital leads used-car platform Cheduoduo $17.7m Series A Beijing-based used-car trading platform Cheduoduo has secured $17.7 million in a Series A round led by… Continue reading China Digest: Used car platform Cheduoduo, co-work space startup Distrii raise funds

Four carmakers to recall over 210,000 vehicles: ministry

SEOUL, June 14 (Yonhap) — Four carmakers will voluntarily recall more than 210,000 vehicles to fix faulty parts, the transport ministry here said Thursday. It is the latest in a series of recalls by carmakers and importers to ensure vehicles meet safety rules. The four carmakers — Kia Motors Corp., GM Korea Co. and Mercedes-Benz… Continue reading Four carmakers to recall over 210,000 vehicles: ministry