ARTICLES RELATING TO INDUSTRY NEWS

Musk announces new Tesla factory will be in Germany

2019-11-13 08:17

A new Tesla car factory to serve the European market will be based in Germany, chief executive Elon Musk said.

Honda first-half net profit slumps almost 20%, full-year forecast down

2019-11-08 11:06

Japanese carmaker Honda said its first-half net profit dropped 19% on negative currency exchange rates and falling motorcycle sales, slightly revising down profit forecasts for the full year.

WATCH | Fiat talking to Peugeot-Citroen over merger

2019-10-31 10:21

PSA and Fiat Chrysler said Thursday they aim for a merger of equals in which their shareholders each own half of the new firm that would be based in the Netherlands.

General Motors workers struggle with daily expenses as long strike continues

2019-10-12 11:37

Betty Johnson, who has worked on General Motors assembly lines in Michigan and Tennessee for more than 34 years, said she knew a strike by the United Auto Workers would mean personal sacrifice.

WATCH | Tesla comes when called, but can fray nerves

2019-10-11 13:52

Roddie Hasan loves his Tesla, but after a fright using a feature that lets him summon the car as he might a dog, he says he will be walking to get it.

Volvo and Geely form stand-alone combustion engine business

2019-10-08 09:10

Swedish automaker Volvo and China's Geely intend to merge their existing combustion engine operations into a stand-alone business as they seek to develop new combustion and hybrid engines.

Keeping the five alive: Why Audi's five-cylinder turbo is still relevant

2019-10-01 10:26

Audi’s five-cylinder turbo is nearly 40 years old and more relevant than ever, writes Lance Branquihno

President Cyril Ramaphosa test drives the new SA-bound Nissan Leaf in Japan

2019-08-28 14:10

President Cyril Ramaphosa visited Nissan’s global headquarters and the company’s Oppama Plant in Japan on Wednesday.

Hyundai records biggest profit gain in seven years

2019-07-23 10:30

Hyundai Motor has logged its biggest profit gain in seven years, helped by new models and a weaker local currency.

Ford, Volkswagen expand alliance to electric autos

2019-07-12 14:29

Global auto giants Volkswagen and Ford announced they were expanding their alliance to include the development of self-driving cars.

 

Nissan slashes full-year forecast as first-half profit falls

2019-11-12 11:14

Crisis-hit Japanese automaker Nissan slashed its full-year sales and profit forecast as it struggles with weak demand in Japan, the US and Europe, as well as the arrest of former boss Carlos Ghosn.

US car giant Ford signs new labour deal with UAW union

2019-10-31 10:52

The four-year agreement averts a strike at Ford and helps to secure 8500 jobs.

Harley-Davidson puts electric bike on hold

2019-10-16 10:12

Harley-Davidson announced that it had suspended production and delivery of its LiveWire electric motorcycle, which the brand had rolled out as part of a diversification push.

Renault ousts CEO Bollore, hoping to close out Ghosn era

2019-10-11 14:35

French carmaker Renault sacked its chief executive Thierry Bollore, the latest turbulence to rock the company since the arrest of his ex-boss Carlos Ghosn on financial misconduct charges in 2018.

WATCH | New high-tech Nissan Juke goes into production

2019-10-11 11:08

Nissan is marking the start of production of the new Juke at its Sunderland plant in the United Kingdom, following a R1.8-billion investment.

Toyota pumps R450m into local Hiace assembly plant

2019-10-05 11:50

The assembly plant of South Africa's most popular minibus taxi, the Toyota Hiace Ses'fikile, received a R454-million investment with a focus on increasing locally-manufactured parts.

WATCH | 46 000 General Motors auto workers strike in US

2019-09-16 14:47

The United Auto Workers union began a nationwide strike against General Motors on Monday, with some 46,000 members walking off the job after contract talks hit an impasse.

BMW profits dented by electric vehicle investment costs

2019-08-01 09:50

German high-end carmaker BMW reported slumping second quarter profits, with pricey investment in electric cars sapping the bottom line, but it remained confident of hitting targets.

State-owned Chinese automaker, BAIC, buys 5% stake in Daimler

2019-07-23 10:14

China's state-owned BAIC has taken a 5% stake in Daimler, whose top shareholder for the past year has been rival Chinese automaker Geely, the luxury German automaker said.

WATCH: BMW, Mercedes team-up on self-driving cars

2019-07-05 11:07

Some 1200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said.

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