Tesla CEO Elon Musk, alongside CEOs from some of the world’s biggest tech companies including Google and Apple, are reportedly meeting president-elect Donald Trump at a summit tomorrow. Executive members from companies including Microsoft, Apple, Facebook, Intel, Google, Tesla and Oracle make up “a very heady group of less than […]
Industry
Michigan state approves driverless cars, cars without steering wheels
The state of Michigan in the US, home to the big three manufacturers, has officially approved bills to allow autonomous vehicles on public streets. A series of four separate bills were signed into law by governor of the state, Rick Snyder, who stood beside executives from Ford and General Motors, […]
Australian vehicle sales for November 2016 – Toyota on track to be best-seller
It’s that time of the month again. Australian VFACTS figures for new vehicle registrations have been released for November 2016, giving us some clues as to what cars will be the best-selling models of this year. For manufacturers and brands, it’s Toyota that stands at the top. It will very […]
Ford CEO Mark Fields welcomes deals with Trump
Ford’s CEO has said he and the company is open to deals with president-elect Donald Trump’s administration to keep jobs in the US. Mark Fields, president and CEO at Ford Motor Company, and Donald Trump have had a frosty relationship in the past, with Trump calling the outsourcing of some […]
Mazda tops 2016 JD Power Customer Service Index
Mazda has taken out the top spot in the annual J.D. Power customer service survey, with Toyota and Subaru rounding out the top three. The Japanese domination of the podium was headed by Mazda who managed a score of 834 index points, ahead of Toyota’s 824, Subaru’s 816, and fourth-place […]
GM to cut over 2000 jobs at U.S. plants
General Motors has announced the termination of over 2000 jobs at its Michigan, Ohio, and Indiana manufacturing plants. 2084 job losses will come into effect in January next year, with GM saying that customer demand for traditional passenger vehicles has reduced, with light trucks and crossovers sitting on the opposite […]
President Trump election could prove troublesome for US carmakers
The election of Donald J. Trump as US president and leader of the free world could prove troublesome for major car manufacturers that rely on open-trade with Mexico, and benefit from the southern nation as an affordable manufacturing base. The first signs of trouble were evident before the election was […]
Volkswagen operating profit drops in Q3, Porsche helps
Volkswagen’s earnings have plummeted by more than half in the third quarter through September, with subsidiary Porsche adding strong revenue figures. VW released its interim report that showed operating profit had dropped to US$396 million in the third quarter of 2016, in comparison to $801 million VW posted the same […]