Consumer warns of mistakes when buying a used car
TULSA, Okla. — Buying a used car is typically considered the fiscally responsible thing to do. However, if you don’t do your homework, the purchase could end up costing you more than you bargained for. That’s what happened to Jennifer…
Japan’s car lobby says domestic auto sales recovering, warns on consumer spending
FILE PHOTO: Visitors look at cars at a car maker’s showroom in Tokyo May 1, 2014. REUTERS/Toru Hanai TOKYO (Reuters) – Japan’s influential car lobby said on Thursday domestic vehicle sales sharply recovered in September after the government lifted a…
Japan’s Car Lobby Says Domestic Auto Sales Recovering, Warns on Consumer Spending | Investing News
TOKYO (Reuters) – Japan’s influential car lobby said on Thursday domestic vehicle sales sharply recovered in September after the government lifted a lockdown in May, but warned the coronavirus pandemic would continue to weigh on consumer spending. The world’s third…
Tesla warns on challenges of scaling up production
FRANKFURT — Tesla CEO Elon Musk warned about the difficulties of speeding up production as an expert cautioned that the automaker’s increased reliance on large-scale aluminum parts could bring new manufacturing challenges. While automakers such as Mercedes-Benz have said automation…
China is lagging in EV parts competitiveness, think tank warns
China’s carmakers risk falling behind global rivals because the country trails in the production of advanced components like chips and software that are crucial for modern vehicles, a prominent industry adviser warned. The government should form a comprehensive component strategy…
German industry chief warns of huge hit to car sector if UK and EU don’t reach trade deal
German businesses are watching nervously as the clock ticks down on negotiations between the UK and the European Union to secure a trade deal, according to the director of Association of German Chambers of Industry and Commerce (DIHK). In an…
SIAM reports growth in wholesale auto sales in Aug; warns of high base effect, pent-up demand
© Provided by CNBCTV18 SIAM reports growth in wholesale auto sales in Aug; warns of high base effect, pent-up demand Passenger vehicle and two-wheeler sales showed improvement in the month of August, data released by the Society of Indian Automobile…
Brexit: Automotive industry warns of ‘no deal’ devastation
Automotive companies from across the UK and EU are calling for an ambitious free trade deal, warning that ‘no deal’ will have a catastrophic impact on the industry. If no deal is reached and ratified before December 31, World Trade…
Hyundai warns owners to park outside, recalls 180,000 SUVs
DETROIT (AP) — For the second time this month, Hyundai is telling some SUV owners to park outdoors because an electrical short in a computer could cause vehicles to catch fire. The Korean automaker is recalling about 180,000 Tucson SUVs…
Renault CEO warns deeper cost cuts may be needed
PARIS — Renault might have to cut more costs than the 2 billion euros ($2.4 billion) in savings already planned to get back on its feet, CEO Luca de Meo said in an internal memo seen by Reuters. “The aim…
