Latest Automobile manufacturing News
On the road to make an affordable car, Tesla cuts jobs
Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Tesla's cheapest model right now is the $44,000 Model 3, and it needs to broaden its customer base to survive. "Looking ahead at our mission of...
Union holds two-hour warning strike at Audi plant in Hungary
GYOR, Hungary (AP) — Some 4,000 workers held a warning strike at Audi's manufacturing plant in Hungary, demanding higher wages and other benefits from the German carmaker. Union leader Sandor Nemeth said that Friday's two-hour work stoppage was "exceptionally successful," proof that the workers support the...
Volkswagen says it will pay Indian fine even as it appeals
NEW DELHI (AP) — Volkswagen Group said Friday that it will pay a fine of 1 billion rupees ($14.2 million) imposed by India for installing software on vehicles that allegedly cheated pollution testing devices, though it is still appealing the order. The company said it has challenged the National Green...
Mitsubishi board considers new allegations against Ghosn
TOKYO (AP) — Mitsubishi Motors held a board meeting Friday to examine the latest allegations of unreported compensation against Carlos Ghosn, who led Nissan for two decades and forged the alliance between the Japanese automakers. The allegations center around a 7.8 million euro ($8.8 million) payment made...
Nissan to cut up to 700 contract workers in Mississippi
JACKSON, Miss. (AP) — Nissan Motor Co. announced Thursday that it's cutting up to 700 contract workers at its Mississippi assembly plant, citing slowing sales for vans and Titan pickup trucks that it makes there. The move follows Nissan's December announcement that it's cutting 1,000 jobs at two Mexican...
Hyundai, Kia recall vehicles due to increased fire risk
DETROIT (AP) — Despite a government shutdown, Hyundai and Kia are moving ahead with a recall of about 168,000 vehicles to fix a fuel pipe problem that can cause engine fires. The problem stems from improper repairs during previous recalls for engine failures. The affiliated Korean automakers have been...
Ford puts 2018 adjusted profit outlook below Street view
DEARBORN, Mich. (AP) — Ford is calling for 2018 adjusted earnings of $1.30 per share, slightly below Wall Street's view, because of challenges including higher commodity and warranty costs and a business decline in China. Analysts predict earnings of $1.33 per share, according to FactSet. Looking ahead,...
Malaysia's 2018 auto sales rebounded, flat growth seen
KUALA LUMPUR, Malaysia (AP) — New vehicle sales in Malaysia rebounded last year after two straight years of contraction, thanks to a three-month tax holiday, but growth is likely to remain flat this year amid uncertainties over government policies, an automotive group said Wednesday. The Malaysian...
Edmunds: Top picks for fuel-efficient all-wheel drives
As ice and snow envelop many of America's roads this winter, all-wheel-drive vehicles become more desirable than their two-wheel-drive counterparts. And all-wheel drive's extra traction makes it easier to accelerate, especially on icy hills. However, traditional downsides to all-wheel drive include added cost and...
Europe car sales grew for 5th straight year in 2018
MILAN (AP) — The European carmakers association, ACEA, says the car market rose modestly in 2018, despite contractions in the last four months due to the impact of a new emissions test. ACEA reported Wednesday that full-year car sales were up 0.1 percent to 15.2 million passenger cars, the fifth straight...
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