Automotive

VW lowers sales forecast for 2015

by AFP
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Volkswagen lowers its global sales forecast for 2015, citing weaker demand from China and other key markets.

Ford posts 46% jump in profit

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The No.2 US car maker reports a 46% jump in profit in Q2 after selling more cars in its home market.

Volkswagen beats Toyota in global sales

by AP
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Volkswagen beats Toyota in global car sales for the first time.

Fiat Chrysler to pay record fine

by AFP
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Fiat Chrysler to pay a record $US90mln fine for lapses in its vehicle recalls.

Mitsubishi Motors may end US production

by AP
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Asian media report Mitsubishi will end car production in the US but company says no decision has been made.

General Motors boasts sharp profit rise

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The No.1 US carmaker reports a sharp increase in profit despite losing market share at home.

Ferrari files to launch IPO on NYSE

by AFP
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Parent Fiat Chrysler files plans for Ferrari IPO on New York Stock Exchange.

Germany’s Daimler posts higher profit

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Strong sales in its Mercedes-Benz division help Daimler to higher profit.

Hackers hijack a Jeep

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Two hackers from the Midwest take control of a Jeep Cherokee’s air conditioning, stereo and engine from a laptop many miles away

Date set for Australia’s first driverless car trials

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Independent road research body ARRB Group, in conjunction with the South Australian government, Bosch, Telstra and Volvo, to trial driverless vehicles in November.

Tesla unveils "Ludicrous Mode"

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Automaker to offer three new Model S versions, including increased electric range, faster performance and lower-cost entry-level models.

Uber says $US7.3m fine 'disappointing'

by AFP
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Group accused of failing to provide Californian regulators with information related to car accidents.

Holden 'has a bright future now': CFO

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Holden has endured its third straight loss in a row but CFO Jeff Rolfs says the company ‘has a bright future’.

Car sales increase in June

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Sales of new motor vehicles in Australia rise 3.8% in June, according to ABS data.

Honda recalls 4.5m cars worldwide

by AP
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Latest recall raises to 57.5m the total number of Takata air bag inflators recalled worldwide.

Panel beating the panel beating industry

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Family-owned smash repairers are battling to maintain their independence as the consolidation of Australia's panel beating industry gathers pace.

Fiat scion patient in GM tie-up bid

John Elkann, chairman of Fiat Chrysler and scion of Italy’s Agnelli family, isn’t giving up on forging a partnership with General Motors.

Uber resumes charging drivers commission in Delhi

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Fees are back six months after being called off due to 'regulatory ambiguity'.

Uber suspends service in France

by AFP
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Group suspends low-cost service six months after state ban, following arrests.

Tesla Motors deliveries surge in Q2

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Electric car maker sees deliveries of flagship Model S sedan lift 52 per cent on the year.

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