Major U.S. trading partners including the EU, China and Japan voiced deep concern at the World Trade Organization about possible U.S. measures imposing additional duties on imported cars and parts.
News
12 Sep, 2018
Ralf Speth tells conference “we will not be able to build cars if the motorway to and from Dover becomes a car park.”
News
5 Jul, 2018
JLR boss says no-deal Brexit would cost company £1.2 billion a year, threaten 40,000 UK jobs and put £80 billion investment in jeopardy
The Russian government's plan to increase value added tax to compensate for President Vladimir Putin's ambitious new economic goals is set to hit car sales which have only just started to recover from four years of stagnation, sellers say.
Jaguar Land Rover, Britain's biggest automaker, warned Theresa May's government that a "bad Brexit" deal without "frictionless" access to the EU would jeopardize as much as 80 billion pounds ($106 billion) in investments over the next five years.
JLR CEO Ralf Speth has warned Theresa May's government that a "bad Brexit" deal would jeopardize as much as 80 billion pounds ($106 billion) in investments over the next five years and could force the automaker to leave the UK.
Fully digital screens are replacing speedometers and dials in vehicles, making industry leader Japan Display optimistic about boosting sales to global automakers.
Fully digital screens are replacing speedometers and dials in vehicles, making industry leader Japan Display optimistic about boosting sales to global carmakers.
Magna's CEO has a Jaguar EV in production in Austria, deals in China to deliver EV systems and a tie-up with Lyft to make its cars self-driving.
VW plans to start offering car-sharing services using full-electric vehicles in German cities next year. The automaker added that the service would be expanded to major cities in Europe, North America and Asia as early as 2020.
Canadian new vehicles sales fell for the fourth consecutive month in June, down 1.6 percent compared to last year,. The head of the Global Automakers of Canada says sales were strong but now face headwinds.
VW plans to start offering car-sharing services using full-electric vehicles in German cities next year. The automaker added that the service would be expanded to major cities in Europe, North America and Asia as early as 2020.
German auto industry leaders are making the case to the Trump administration that a trade feud with the U.S. will cause irreparable damage to global business.
The U.S. ambassador to Germany told German automakers that President Trump could abandon threats to impose tariffs on light vehicles imported from the European Union in exchange for concessions, Reuters reported Thursday, citing an industry source.
VW believes it has a blueprint that could pave the way for a renegotiation of its more than 3,000 European auto dealers contracts.
Volvo and Jaguar Land Rover have been making the biggest gains in the U.S. luxury auto market this year -- a trend that could be hit if President Donald Trump decides to tax imported cars.
VW Group brands were among the winners last month as the German market rose 4.2 percent. Through June, sales were up 2.9 percent to 1.83 million.
News
4 Jul, 2018
Volvo is developing a new smartphone based car-sharing platform, which hits its native market and the US next year
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