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Global Auto Chips Shortage: Taiwan Firm to Boost Production

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) will prioritize production of auto chips if it is able to further increase capacity, Taiwan’s Economics Ministry told...

Killer Airbags: Ford Recalls 3 Million Vehicles at $610 Million Cost

Ford Motor Co has concluded plans to recall 3 million vehicles for air bag inflators that could rupture, at a cost of $610 million. The...

Germany Urges Taiwan to Help Ease Auto Chip Shortage

Germany has asked Taiwan to persuade Taiwanese manufacturers to help ease a shortage of semiconductor chips in the auto sector which is hampering its...

Hyundai Honored For Advancing Decarbonization

Hyundai Hydrogen Mobility and its business partners were recognized on January 7th with the “Watt d’Or 2021,” an annual accolade by the Swiss Federal...

Lexus Celebrates 10-Year Anniversary of the LFA

Ten years have passed since the start of production of the LFA, an authentic supercar that revealed a new aspect of Lexus as a...

BMW Targets Higher Margins While Investing In Electric Cars

BMW aims to return to its pre-pandemic operating margin target as the global economy recovers, but big investments in electric cars mean the automaker...

Carmaker Stellantis’ shares Soars in European Market

Stellantis, the carmaker created by combining Fiat Chrysler and Peugeot-owner PSA, enjoyed a positive start on Monday, its shares rising 8% on their European...

Peugeot, Fiat Chrysler Seal Merger to Become Stellantis

Fiat Chrysler and PSA sealed their long-awaited merger on Saturday to create Stellantis, the world’s fourth-largest auto group with deep enough pockets to fund...

How Trump’s China Tech War is Backfiring on World Automakers.

Automakers around the world are shutting assembly lines because of a global shortage of semiconductors that in some cases has been exacerbated by the...

Kia Presents New Brand Purpose, Future Strategy

Kia on Friday revealed new details of a strategy that will see the company go beyond vehicle manufacturing to create sustainable mobility solutions for...

Hyundai Motor Company Teases First Image of IONIQ 5

Hyundai Motor Company on Thursday unveiled the first teaser image of the highly anticipated IONIQ 5 midsize CUV, the first model in its IONIQ...

Toyota Pays $180m for Failing to Report Emissions Defects

Toyota Motor Corp settled a lengthy Justice Department civil probe into its delayed filing of emissions-related defect reports for $180 million, the government said...

Most Read

Why It Makes Sense to Buy the Car You Can Afford

You’ve graduated and joined the world of work! The next step to adult independence is to buy your own car.  Whether it’s a reliable...

Ikpeazu Lifts Ban on Activities of NURTW in Abia

Governor Okezie Ikpeazu of Abia State has lifted the proscription placed on the activities of the National Union of Road Transport Workers in the...

Expert commends Buhari on Change of Service Chiefs

Prof.Isaac Albert, Director, Institute of Peace and Strategic Studies has applauded President Muhammadu Buhari for the removal of Service Chiefs. Albert said this on...

Toyota Wins Rallye Monte-Carlo

Sébastien Ogier and his co-driver Julien Ingrassia have won the legendary Rallye Monte-Carlo for a record eighth time, leading team-mates Elfyn Evans and Scott...
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