Automobile
VisIC Partners With ZF for Next Generation EV Invert...
ZF Friedrichshafen AG, an automotive supplier, and VisIC Technologies Ltd., known for gallium nitride (GaN) devices for automotive high-voltage applications, announced a partnership to create the next generati...
May 14, 2020
11:30 am By Neha Mule
Toyota Expects Annual Operating Profit to Drop 80% a...
Toyota Motor Corp. said on Tuesday it expects to post its lowest annual operating profit in nine years as the automaker grapples with the impact of the novel coronavirus, which has sapped global demand for car...
May 12, 2020
7:13 am By Neha Mule
South Africa’s Auto Industry Ambitions Threatened ...
The expansion of South Africa’s auto industry is central to the government’s economic development strategy but the coronavirus crisis has forced carmakers into survival mode and could push ambitious growth...
May 6, 2020
9:27 am By Neha Mule
Judge Questions VW’s Defense in Landmark Case Over...
A German federal court judge cast doubt on Volkswagen’s reasoning after the carmaker urged the court to dismiss a claim for damages from a diesel customer.
Tuesday’s proceedings were the first time ...
May 5, 2020
12:05 pm By Neha Mule
GM Korea to Cut Output of Key SUV as Virus Hits U.S....
General Motors Co’s South Korean unit plans to sharply cut output this month at a factory producing its new Trailblazer sport-utility vehicle (SUV), as the coronavirus outbreak weighs on its U.S. exports and...
May 4, 2020
11:01 am By Neha Mule
German Auto Supplier Bosch Sees Global Car Productio...
German auto supplier and technology company Robert Bosch on Wednesday said it expected automotive production to fall by at least 20% this year, as the coronavirus pandemic slams the brakes on factory productio...
April 29, 2020
10:20 am By Neha Mule
Renault Seeks State-backed Loan as Coronavirus Crisi...
Renault is in talks with the French government to secure a state-backed loan worth several billion euros by mid-May to shore up its liquidity during the coronavirus pandemic, the French carmaker said on Thursd...
April 23, 2020
11:09 am By Neha Mule