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Sunday, September 22, 2019

Tag: automobile

Do new IT platforms herald the end of the dodgy used...

As new car purchases overtake second-hand, dealers seek ways to reverse declining sales.

How to frustrate thieves who target keyless-entry cars

A security expert recommends a pouch for car keys that blocks radio frequency identification and is cheaply available online.

Crisis-hit Nissan CEO resigns

The Nissan board is hoping to find a successor to Hiroto Saikawa by the end of October.

Ghosn’s lawyer says Tokyo prosecutor lacks impartiality

Carlos Ghosn's lawyer calls treatment of his client 'discriminatory' and said such 'extreme harassment' compromised the possibility of a fair trial.

Volkswagen not interested in buying Tesla stake

The speculation about buying a stake in Tesla is without merit, a Volkswagen spokesman says.

Seoul to fine Volkswagen over ‘illicit’ emissions devices

Volkswagen and Porsche face about RM39 million fine for installing 'illicit devices' that helped diesel vehicles cheat pollution standards.

Local firm ties up with Japan’s Daihatsu for 3rd national car

The first model will be a C-segment sedan, but mass production will only start in 2031.

Fiat Chrysler open to fresh merger talks with Renault

Fiat walked away from talks on a proposed merger after growing frustrated with tensions between Renault's executives and the French state.

Aston Martin sees shares crash on profit warning

The company warns in a statement that it will face a 'worsening' economic environment, particularly in Britain and Europe.

Peugeot Citroen lifts profits despite falling sales

Much of the drop in first-half sales is attributable to the halt in sales in Iran as a result of US economic sanctions against the Islamic republic.

Lotus defies Brexit with production jump under new Chinese owner

Lotus CEO Phil Popham describes his company as a '70-year-old startup' after the launch of its first new car in 10 years.

The US$336 billion battered sector to watch in Asia

Car manufacturers and parts makers slumped at least 28% each to bottom out by the end of December.

Proton’s SUV model in hot demand

The Proton X70 registered more than 7,000 bookings last month, a market record for new SUVs.

China to halt added tariffs on US-made cars in easing of...

Beijing will now suspend 25% tariffs on 144 US vehicle and auto part items and 5% tariffs on 67 auto items between Jan 1 and March 31.

Angry Renault hits out amid new Ghosn allegations

The allegations centred on Renault executive Mouna Sepehri, who is close to Ghosn.

Japan court rejects Ghosn release bid

Ghosn stands accused of under-reporting his income in documents to investors.

Tesla sued over 2018 fatal crash

Tesla sued for product liability and negligence by the family of Barret Riley who died from an alleged defective battery in 2018.

Ghosn’s detention extended by 10 days through Jan 1

The move by the court comes as Tokyo prosecutors continue to grill Ghosn over allegations that he shifted a personal investment loss to Nissan.

Trump: China agrees to cut tariffs on US-made cars

Major US automakers say they are unaware of the lower tariffs on exports to China.

Fate of world’s biggest car alliance hangs on one word: Ghosn

The world’s biggest car alliance is facing its biggest challenge yet, with the arrest of its iconic chairman threatening to upend the union of automakers he forged almost two decades ago.

Love me fender: Elvis’ last Cadillac up for sale in Austria

The car was the one Elvis used for his final road trip in December 1976.

Buffett’s China car bet rakes in US$1.3 billion in a decade

Buffett’s bet has turned BYD into the billionaire investor’s most-valuable holding in a publicly traded company based outside the US

It’s post-automobile age, do we want another car project, asks Jomo

The former CEP member questions the idea for a third national car and also criticises the revamped trans-Pacific trade pact.

Investors sue Tesla’s Musk over go-private tweets

Musk said he could finance the buyout of Tesla at a large premium to current valuation, causing so-called short-sellers who have been betting on the stock crashing for years to lose millions.