Wells Fargo hasn't yet satisfied one of the regulators responsible for deciding whether the bank is properly reimbursing customers who might have been harmed by recent scandals involving its auto lending and mortgage businesses.
GAC Motor (Guangzhou Auto) has unveiled its GS5 SUV at the Paris Motor Show, making its first foray into the European market by showcasing what it describes as 'the latest premium vehicle which features an exquisite design that combines robust power, futuristic styling and robust safety features'.
Citroen aims to have 80% of its range electrified by 2025 and offer global vehicles adapted by local requirements.
There was a distinctly threadbare feel to this year's Mondial de Paris - more no-show than show.
GAC's percentage of foreign sales is around 10 percent, and the long-term target is to have a 50-50 split between sales in China and abroad.
Renault-Nissan and Daimler may expand their cooperation to battery and autonomous cars technology and mobility services, the companies said.
Bridgestone said the megatrends currently shaping or about to mould future society represent a "fantastic opportunity" for its business.
Shares in Aston Martin fell as much as 6.5 percent during its market debut in London on Wednesday after investors and analysts raised concerns that the supercar maker may find it hard to deliver on an ambitious rollout of new models.
Shares in Aston Martin fell as much as 6.5 percent during its market debut in London on Wednesday after investors and analysts raised concerns that the supercar maker may find it hard to deliver on an ambitious rollout of new models.
News
4 Oct, 2018
The Paris Motor Show delivered the goods again in 2018. Here the Auto Express team choose the best cars of the show.
Plastic Omnium said it was up to the UK government what sort of Brexit the country eventually decided to adopt, noting the British people's 'sovereignty' concerning the contentious withdrawal from the European Union (EU).
Renault-Nissan and Daimler may expand their cooperation to battery and autonomous car technology as well as mobility services, the companies said.
Japan's leading automakers welcomed the new North American trade deal this week, after the US and Canada reached a deadline hour agreement on Sunday after months of impasse.
News
3 Oct, 2018
Skoda's debut EV will be based on VW's new MEB platform and will come in two bodystyles, with the first due to arrive in 2020
Bugatti could join rivals Rolls-Royce and Bentley in producing an SUV as it looks to broaden its range, the brand's president, Stephan Winkelmann, said.
Domestic sales by South Korea's five largest automakers combined fell by over 17.5% to 110,130 vehicles in September from 133,551 units in the same month of last year, according to preliminary data released individually by the vehicle manufacturers.
Audi CEO Rupert Stadler is in line for a $8.1 million payout if he is cleared of involvement in VW Group's diesel emissions cheating.
Audi CEO Rupert Stadler is in line for a 7 million-euro ($8.1 million) payout if he is cleared of involvement in VW Group's diesel-emissions cheating.
News
3 Oct, 2018
Deputy editor John McIlroy talks about the big car manufacturers missing from the Paris Motor Show and the reasons why...
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