Honda Motor Co Ltd
U.S. new vehicle sales expected to have struggled during third quarter
New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images DETROIT — U.S. sales of new vehicles are expected to have struggled during the third quarter amid economic and political uncertainties, as well as elevated interest rates and […]
Read More
GM and Hyundai agree to explore collaboration on vehicles and manufacturing to reduce capital spending
Mary Barra, chair and CEO of General Motors, and Euisun Chung, executive chair of Hyundai Motor Group, during the signing of an agreement between the two companies to explore future collaboration across key strategic areas. Courtesy image DETROIT — General Motors and Hyundai Motor have entered into an agreement to explore “future collaboration across key […]
Read More
GM’s Cruise names former Amazon, Microsoft Xbox executive as new CEO
A Cruise vehicle in San Francisco on Feb. 2, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT – General Motors’ Cruise autonomous vehicle unit on Tuesday announced former Amazon and Microsoft executive Marc Whitten as its new CEO. Whitten was a founding engineer at Microsoft’s Xbox before leaving the company after more than […]
Read More
U.S. car sales are predicted to gradual during the 2nd fifty percent of 2024
Autos sit on a Chevrolet dealership’s whole lot on June 20, 2024 in Chicago, Illinois. A cyber assault on CDK World-wide, a software package company that can help dealerships control product sales and support, has crippled the workflow at close to 15,000 dealerships across the United States and Canada. Scott Olson | Getty Photographs DETROIT […]
Read More
Toyota has been rocked by a string of scandals — but analysts are unfazed
A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. Tomohiro Ohsumi | Getty Images News | Getty Images Japan’s largest carmaker Toyota has […]
Read More
Toyota misplaced more than $15 billion in marketplace worth very last 7 days immediately after getting caught falsifying exams
Toyota Motor Company Board Chairman Akio Toyoda bows during a press conference in Tokyo on June 3, 2024. Toyota explained on June 3 it experienced suspended domestic shipments of 3 automobile products immediately after falling foul of federal government certification guidelines together with its Japanese rivals Honda, Mazda, Suzuki and Yamaha. Yuichi Yamazaki | Afp […]
Read More
Toyota apologizes for cheating on vehicle screening and halts manufacturing of 3 versions
A indicator is displayed outside the house a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Toyota Chairman Akio Toyoda apologized Monday for large cheating on certification checks for seven auto versions as the automaker suspended creation of 3 of them. Tomohiro Ohsumi | Getty Photographs News | Getty Pictures Toyota Chairman Akio […]
Read More
Mercedes-Benz workers in Alabama vote against UAW union membership
United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images Mercedes-Benz workers in Alabama have voted against union representation by the United Auto Workers, the National Labor Relations Board said Friday. The […]
Read More
Honda to build $11 billion electric vehicle hub in Canada
A Brand new Honda Pilot is displayed on the sales lot at Honda Marin on February 06, 2024 in San Rafael, California. Justin Sullivan | Getty Images DEROIT – Honda Motor and yet-to-be-named joint venture partners plan to invest $11 billion in Ontario, Canada, to create a “comprehensive EV value chain,” the Japanese automaker announced […]
Read More
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
Slowing demand for electrical cars, heightened trade tensions and questions about whether or not Western legacy automakers can desire Chinese individuals will be the chat of Beijing as executives from top world automobile marques descend on the cash for Beijing Car Demonstrate. Bloomberg | Bloomberg | Getty Pictures Japan’s Toyota Motor will pair up with […]
Read More