Detroit based carmaker is facing strong headwinds in South Korea. Persistent remours have fueled talks of a pullout. On Friday, South Korea’s finance minister stated the country is weighing several options vis-a-vis General Motors Co’s operations in the country following… Read More ›
Electric vehicles, light commercial vehicles and trucks as well as sourcing supplies locally are the key components of Nissan’s strategy in China, the world’s biggest auto market. On Monday, with the aim of placing itself within the top 3 automakers… Read More ›
China, home to the world’s biggest car market, is seeing a steep increase in recalls in recent years. On Friday, China’s quality watchdog stated, one of General Motors Co’s China ventures will be recalling almost 1 million vehicles due to… Read More ›
With the ZR1 General Motors has high-end offerings from both ends of the car industry – high performance sports car at one end with self-driving cars at the other. The chief of General Motors Co’s global product development stated that… Read More ›
The dispute stems from the union’s demand that GM designate the plant as the lead production site for its Chevrolet Equinox model in North America. General Motors Co has stated it has reached a tentative labor agreement with striking workers… Read More ›
French carmaker Peugeot aims to not only boost sales volumes but the company’s image as well in Brazil, one of the 5 priority markets for cars in the world. In a significant development that is aimed at improving French carmaker… Read More ›
The development comes in the wake of a U.S. Senate panel approving the legislature for self-driving vehicles on U.S. roads. Cruise Automation, General Motors Co’s self-driving unit has disclosed that it has more than doubled the size of its test… Read More ›
Nauto has had the distinction of attracting big names from the auto industry in its funding rounds. Palo Alto-based Nauto, a Silicon Valley startup which develops software for self-driving vehicles, has disclosed it closed a $159 million series B funding… Read More ›
Takata’s bankruptcy proceedings on novel ground given the number of parties involved and the quantum of the recall. With last week’s global recall of Takata Corp’s defective air bags being widened, the bigger worry, as per legal experts, is the… Read More ›
The details of the settlement are yet to be disclosed, as they are confidential. GM’s lawyers are working with the plaintiffs’ lawyers to complete the documentation within a month’s time, after which it will begin implementing the court’s order. As… Read More ›
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