News [5]

Audi gets ultimatum to remove illegal diesel software
18.September 2019

Germany’s KBA motor vehicle authority has told Audi that it faces penalties for its failure to remove illegal software from diesel cars that can manipulate emissions levels, the Bild am Sonntag newspaper reported.

GEFCO celebrates 15 years on the Slovak market
17.September 2019

GEFCO Slovakia celebrates its 15th anniversary this year. Luc Nadal, the head of the group, informed journalists about the company history and current results in the region in Bratislava.

Nissan searching for third CEO in 3 years
11.September 2019

Nissan is looking for its third CEO in as many years. Following the resignation of Hiroto Saikawa after a scandal over pay, the Japanese automaker’s board needs to find a leader who can guide the company through decade-low profits and job cuts as car sales slow globally.

Battery-powered models to dominate in Frankfurt
9.September 2019

The Frankfurt auto show will see debuts of key electric vehicles such as Porsche’s first series production EV, the Taycan, and Volkswagen’s mass-market battery-powered hatchback, the ID3.

Italy’s August car sales drop to 3%
6.September 2019

Sales of new vehicles in Italy declined 3.1 percent in August to 88,939 units, according to the country’s Ministry of Infrastructure and Transport.

VW’s authority had epic success and scandals
3.September 2019

The brilliant but ruthless billionaire died Sunday, Aug. 25, at age 82 for reasons believed to be natural, after collapsing while dining at a restaurant. Where he will be burried?

Porsche invests in Israeli start-up TriEye
22.August 2019

Porsche has acquired a minority stake in the Israeli start-up, TriEye. The newly established company has developed a sensor technology for short-wave infrared (SWIR).

Slovakia’s car-reliant economy slows
16.August 2019

Slovakia’s economy, dominated by automakers including Volkswagen Group, PSA Group, Kia and Jaguar Land Rover, slowed unexpectedly in the second quarter when it expanded by 1.9 percent, down from a 3.7 percent rise in the first quarter and missing analysts’ expectations of 3.3 percent growth.

FCA will avoid EU CO2 fines in 2019
12.August 2019

Fiat Chrysler Automobiles CEO Mike Manley said the automaker will not have to pay fines for failing to comply with tougher European CO2 regulations in 2019 and 2020.

Suzuki posts 46% quarterly profit decline
9.August 2019

Suzuki reported a 46 percent fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, and falling demand in India, its biggest market.

German sales rise 5% in July 2019
5.August 2019

New-car sales in Germany rose 4.7 percent in July, boosted by demand at Land Rover, Lexus and BMW. Overall registrations were 332,788 for the month, according to data released by the KBA Motor Transport Authority.

Ford, BMW execs warn on no-deal Brexit risks
1.August 2019

Ford warned on Thursday that the chances of a no-deal Brexit have risen in the last few months as new Prime Minister Boris Johnson ramps up preparations for a possible disorderly exit in October.

Nissan will cut 12,500 jobs worldwide
25.July 2019

Nissan Motor Co. CEO Hiroto Saikawa will slash some 12,500 jobs worldwide as part of new plan to revive the company after reporting a 99 percent plunge in operating profit in the latest quarter on falling sales in every major market except China.