Toyota has announced a global recall of an additional 5.8 million vehicles fitted with Takata airbags, bringing the total number impacted up to 23.1 million since the scandal broke. Toyota made the announcement yesterday that even more models like the Corolla, Avensis Verso and Yaris produced between March 2007 and […]
Industry
Tesla posts quarterly profit, second in history as public company
Californian EV-manufacturer Tesla Motors has posted its first quarterly profit in over three years, with Elon Musk saying his company will post another profit in the next quarter. Tesla reported a record number of deliveries and the cumulative profit of $139 million worth of clean car credits, as well as […]
Nissan completes 34% stake in Mitsubishi, largest shareholder
Mitsubishi Motors has officially become part of the Renault-Nissan alliance after a $2.3 billion deal was finalised overnight. While news of the acquisition had been around for a while, the details have taken some time to be ironed out. Now though, everything has been finalised. The 17 year-long partnership of […]
Engine downsizing trend to flip, larger engines more efficient in real world – report
Reuters is reporting that the trend of downsizing and turbocharging engines is about to come to an end, to meet new, more realistic fuel consumption and emissions testing in the wake of Volkswagen’s dieselgate scandal. According to the publication, Volkswagen, Renault and General Motors are among three manufacturers who plan […]
Toyota & Suzuki forge partnership, focus on future technologies
Toyota has teamed up with a lot of other carmakers lately, most notably BMW. The automotive giant is now in talks with Suzuki, who has admitted that it “is increasingly feeling a sense of uncertainty” in relation to the industry’s headstrong transition into autonomous and electric technology. To Toyota’s end, […]
Obama on autonomous cars; “The technology is essentially here”
US president Barack Obama has talked in-depth on the topic of autonomous vehicles in a recent interview with US publication Wired. While the 44th President of the United States’ tenure is set to end in January, he does have a few more months in the driver’s seat of the world’s […]
Mitsubishi to be absorbed into Renault-Nissan Alliance
Mitsubishi’s future under Nissan stewardship has become clearer as Renault-Nissan CEO Carlos Ghosn has outlined his intentions to fully integrate the triple-diamond brand into the alliance. Renault-Nissan purchased a 34 per cent stake in the beleaguered carmaker earlier this year, after Mitsubishi was embroiled in a fuel data manipulation scandal […]
Toyota remains most valuable car brand in the world
Toyota has remained atop the automotive world’s rich list once again, taking out Interbrand’s survey of global brand value for the 13th consecutive year. Interbrand’s survey, in its 17th year, features US$178.1 billion Apple, Google, Coca-Cola in the top three, with Toyota coming in fifth position overall with a nine […]