The world’s biggest premium carmaker announced on Thursday that it would voluntarily recall more than 150,000 vehicles in North America because of a possible defect in the front passenger airbag seat sensor mat. According to a company spokesman, this voluntary recall is because of the front passenger airbag seat sensor mat defect in some 2004-2006 Read more
Archive : Auto Industry
General Motors will spend $900 million to regulate its manufacturing capacity
General Motors Corp announces that it will spend $900 million in the next few years to regulate its manufacturing capacity that include reducing output and closing plants. General Motors Corp. (GM) is considered the U.S. No.1 automaker. The company filed its quarterly report with the U.S. Securities and Exchange Commission and gave details about its Read more
MPs sceptical Over Vehicle Duty Enhance
The commission of MPs has demonstrated scepticism over the regime’s strategy to enhance from next year car tax for the gasoline swigging autos. The Environmental Audit Committee’s administration analysis supports the action as a step in the fair way. However, Chairman Tim Yeo said in a statement, “The pros towards the environment would be restricted Read more
Ford Sends $8.67 Billion Trouncing, Sees Towards Tiny Vehicles
DEARBORN, Mich: The floating investment and unsustainable existence, Ford Motor Co., and symbol of the US auto manufacturing would instigate to draw a number of its accomplishment by crosswise the Atlantic. Ford expressed its unsuccessful period ever Thursday and declared next strategies to start over 6 tiny fuel affluent vehicles it manufactures in Europe and Read more
GM Discloses Employment and Price Reduce Strategies
The US car-manufacture General Motors (GM) delivered it would trim down white collar job charges by 20% as it explores to thwart declining sales. GM also expressed it would sell about $4bn (£1.9bn) of properties, and have a loan of $2bn to strengthen its finances. The largest US carmaker highlighted in a statement it will Read more
Hyundai Diminishes, Kia Raises Domestic Sales Target
SEOUL (Reuters): Hyundai Motor Co (005480.KS), South Korea’s crest auto manufacturer stated Sunday it had diminished its local sales target for this year by 6% as high oil and gasoline prices are disturbing badly to the consumer’s demands in Asia’s fourth largest economy. Meanwhile, KIA Motors Corp (000270.KS) and the country’s No.2 car producer alleged Read more
Honda Turns Around In a New Zero-Emission Car
TAKANEZAWA, Japan – Honda’s new zero-emission, hydrogen fuel cell car showed a mammoth turn around in a Japanese invention line on Monday and it is a headed towards Southern California where Hollywood has already an excitement over the latest dash in green motoring. The FCX Clarity which is scrolling around the hydrogen and electricity discharges Read more
Ford to Release New Plant in Mexico
The gigantic Ford of the United States has planned to empower $3bn in a new car lodge in Mexico and it is declared as one of the biggest ventures in the realm’s producing segment. The budge is bluster to American car employees who had optimism that the plant would be put up in the United Read more