Top News:
- VW shares sink again as scandal takes on new dimension – Reuters: Affects up to 800,000 cars in Europe … Investors wiped another 3 billion euros off Volkswagen’s market value on…
- VW’s Latest Emissions Woes Are Bigger Than Just Diesel Exhaust – Bloomberg: That’s about 2,500 euros per car, more than four times the cost for the diesel-exhaust repairs. To fix systems for filtering nitrogen oxide from the…
- VW Sinks Deeper Into Crisis as Scandal Spreads to More Cars – Bloomberg: Volkswagen said late Tuesday that an internal probe showed 800,000 cars had … issue,” Philippe Houchois, an analyst with UBS Group AG, said on Bloomberg TV. … The number of those cars “is very limited,” a VW spokesman said.
- Mercedes freshens GL, renames it GLS – Automotive News: Mercedes-Benz’s GL-class full-size SUV will be freshened and renamed as the GLS , Mercedes parent Daimler said. The GLS has a redesigned…
- Japan auto parts firm Akebono Brake says finds inappropriate accounting – Reuters: TOKYO Nov 4 Japanese automotive parts maker Akebono Brake Industry Co said it discovered a case of inappropriate accounting and delayed the…
- BRIEF-Daimler CEO says will not change Diesel strategy because of VW emissions scandal – Reuters: Nov 4 Daimler : * CEO says will not change Diesel strategy because of VW emissions scandal Further company coverage: (Gdynia Newsroom).
- 2015 SEMA: Lexus announces F Performance Racing Team – Egmcartech: Lexus made a huge announcement at the 2015 SEMA show recently to announce the launch of their all-new F Performance Racing team, complete…
- VW Scandal Spreads to Gasoline-Powered Cars – Bloomberg: … gasoline-powered cars. Meanwhile, its Porsche unit is halting some sales of models criticized by U.S. regulators. Bloomberg’s Hans Nichols reports…
- Volkswagen crisis: shares hit after emissions scandal spreads to CO2 – business live – Guardian: Volkswagen crisis: shares hit after emissions scandal spreads to CO2 … The logo of Volkswagen at a car is photographed during the Car Show in…
- Takata Airbag Update: Honda To Stop Using Takata Inflaters In Newer Models After US Fine – Ibtimes: Japanese automaker Honda Motor Co Ltd. said it will stop using airbag inflaters made by Takata Corp. for its newer cars, claiming that the company…
- Honda lifts full-year revenue forecast on weak yen – Reuters: Honda raised its revenue forecast to 14.6 trillion yen ($120.6 billion), from a … From this fiscal year, Honda is reporting results under international…
- Honda Motor Quarterly Profit Falls on Slump in Japan Demand – Bloomberg: Honda Motor Co. reported quarterly profit fell on quality-related expenses and as demand slumped in Japan. Net income declined to 127.8 billion yen…
- BRIEF-Honda changes FY dollar assumption to 118 yen from 115 yen – Reuters: sees global sales of 4.73 million cars in fy2015/16 versus previous forecast 4.715 million. * sees non-Japan Asia sales of 1.705 million cars in…
- Honda Profit Driven by US Demand – WSJ: Honda stuck with its full-year net profit forecast of Y=525 billion. … While Honda’s U.S. sales grew 3.4% in July-September from the same period a year…
- Fed faces patchwork recovery despite near-normal labor markets – Reuters: KS) cars in Alabama’s urban centers, this small town that once was home to Russell Athletics shows the dilemma now faced by U.S. policymakers.
- Hyundai to Launch Genesis as Stand-Alone Premium Brand – WSJ: Hyundai has been selling a midsize luxury sedan under the Genesis name since … Hyundai also said it has hired Luc Donckerwolke, a former veteran…
- Honda drops Takata air bag inflators after US fine, ban on volatile chemical – Reuters: all in cars made by Takata’s biggest air bag customer Honda – to the inflators, which use ammonium nitrate and…
- Hyundai Motor launches Genesis brand to tap into luxury market – Reuters: South Korean carmaker Hyundai Motor Co confirmed on Wednesday it will launch a new global luxury car brand called…