ARTICLES RELATING TO INDUSTRY NEWS

General Motors scraps Aussie car brand Holden

2020-02-17 06:47

General Motors announced it would scrap struggling Australian car brand Holden, with engineering, design and sales operations to be wound down in the coming months.

WATCH | Jaguar says its new seat tech tricks your body into thinking you're walking

2020-01-16 15:00

Jaguar Land Rover is developing the seat of the future - a shape-shifting system designed to improve customer wellbeing by tackling the health risks of sitting down for too long.

Carmaker Opel will slash 2100 jobs in Germany

2020-01-14 15:08

Peugeot subsidiary Opel said it would offer 2100 more German workers voluntary redundancies, as it struggles to stay afloat faced with collapsing demand and an EU emissions squeeze.

It's official - PSA, Fiat Chrysler agree to merge

2019-12-18 11:31

French carmaker PSA and US-Italian rival Fiat Chrysler have signed an agreement to create the world's fourth-largest automaker.

Carmaker Daimler to cut 'thousands' of jobs by 2022 to fund electric shift

2019-11-29 13:05

Luxury carmaker Daimler said it was scrapping "thousands" of jobs to help fund the switch to electric vehicles, in the latest layoffs to hit the stuttering German car industry.

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.

 

Volkswagen offered €830-million settlement for German diesel cases

2020-02-14 14:59

Car giant Volkswagen said it had offered €830-million to settle a mass lawsuit from German customers over its "dieselgate" emissions cheating scandal.

WATCH | Are hydrogen cars the future?

2020-01-15 08:00

Imagine a car that only emits water vapour, refuels in minutes and has twice the range of most electric cars. It's already here! Hydrogen is an environmentally-conscious mobility option that hasn't caught on - yet.

Volkswagen in talks to settle German 'dieselgate' mass lawsuit

2020-01-02 14:09

Car giant Volkswagen said it would open talks on a possible settlement in a mass lawsuit brought by hundreds of thousands of German diesel car owners over emissions cheating.

Nissan faces $22-million fine for misreporting Ghosn pay

2019-12-10 10:49

Nissan should be fined $22 million for filing documents that under-reported the compensation of former chief Carlos Ghosn, Japanese regulators recommended.

Ex-Nissan boss Ghosn speaks to wife after Japan court permission

2019-11-22 12:03

Former Nissan boss Carlos Ghosn spoke to his wife for the first time in eight months on Friday, his spokesman said, after a Tokyo court lifted a ban on contact between the pair.

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.

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