Automobile
Kia Motors and Hyundai Motor flag $2.94 billion earnings hit from quality costs
Hyundai Motor and Kia Motors said on Monday that their third-quarter earnings would reflect quality-related costs amounting to a combined 3.36 trillion...
Volkswagen raises Navistar bid to $44.50/share to clinch trucks deal
Volkswagen's VOWG_p.DE trucks business Traton 8TRA.DE said on Friday it had agreed to raise its takeover bid for Navistar International Corp NAV.N...
Daimler posts forecast-beating results as demand rebounds
Daimler DAIGn.DE shares surged 4.5% on Friday after the luxury carmaker posted forecast-beating third-quarter results, buoyed by a better-than-expected rebound in sales...
Hyundai begins building electric vehicle hub in Singapore
South Korea’s Hyundai Motor Co started construction on a research and development centre in Singapore on Tuesday that will house a small-scale...
Nissan says China sales rose 5.1% in September
Japanese automaker Nissan Motor said on Sunday its sales in China rose 5.1% in September from a year earlier, to 141,595 vehicles.
BMW says Brexit could cost auto industry 10-11 billion euros
BMW BMWG.DE Chief Financial Officer Nicolas Peter on Thursday said Britain's separation from the European Union could cost carmakers and suppliers up...
Hyundai to voluntarily recall Kona EV over battery fire concerns – South Korea ministry
South Korea's transport ministry said on Thursday Hyundai Motor Co 005380.KS will voluntarily recall its Kona electric vehicles as a possible short...
Festive season spend may dip by 33% this year; property, auto to bear the brunt
Consumers spending in the upcoming festive season is likely to drop by one-third compared to last year and coronavirus impact may further...
Tesla reports record quarterly deliveries, but Model 3 sales underwhelm bulls
Tesla Inc on Friday said it delivered 139,300 vehicles in the third quarter, a quarterly record for the electric carmaker, but shares...
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