Audi aims to sell one million cars in China in 2023
German premium automaker Audi aims to sell 1 million vehicles in China in 2023, versus 726,000 vehicles in 2020, the brand's China chief Werner Eichhorn said on Wednesday.
German premium automaker Audi aims to sell 1 million vehicles in China in 2023, versus 726,000 vehicles in 2020, the brand's China chief Werner Eichhorn said on Wednesday.
German automaker Volkswagen AG lost sales of tens of thousands of cars in China as a global chip supply shortage impacted its production in December, the head of its China operations, Stephan Wollenstein, said on Wednesday.
American Airlines' wholly owned regional subsidiary PSA Airlines and budget carrier Frontier Airlines plan to resume pilot hiring this year, a positive sign for an industry ravaged last year by the coronavirus pandemic but now preparing to ramp up flying.
U.S. ultra low-cost carrier Frontier Airlines, which is owned by private equity firm Indigo Partners, is planning to resume new pilot hiring this year, a Frontier spokeswoman said on Tuesday.
The Mexican government is trying to entice Ford Motor Company to consider relocating some of its operations to Mexico, a senior official said on Tuesday, after the U.S. carmaker announced the closure of three plants in Brazil.
Self-driving car maker Cruise and majority shareholder General Motors Co said on Tuesday they would partner with Microsoft Corp to accelerate the commercialization of driverless vehicles.
Janet Yellen, President-elect Joe Biden's nominee to head the U.S. Treasury, knows the importance of taking quick and significant steps to bolster the U.S. economy, the top Democrat on the committee told her nomination hearing.
China's Zhejiang Geely Holding Group, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with Tencent Holdings Ltd to develop smart vehicle cockpit and autonomous driving.
Canada said on Monday it will lift a near two-year flight ban on Boeing Co's 737 MAX on Jan. 20, joining other countries like the United States that have brought the aircraft back following two fatal crashes involving the model.
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 market debut and valuing the business at around 42 billion euros ($51 billion).
Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for IPOs, three sources familiar with the matter told Reuters.
Tesla Inc said on Monday it has started delivering its Shanghai-made Model Y sports utility vehicles to customers in China.
The European Union and the incoming administration of U.S. President-elect Joe Biden should suspend a trade dispute to give themselves time to find common ground, France's foreign minister said in remarks published on Sunday.
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 the shift to electric driving and take on bigger rivals Toyota and Volkswagen.
General Motors Co and labor union Unifor said on Friday they have reached a tentative deal for the automaker to invest nearly C$1 billion ($785.42 million) in its CAMI Assembly Plant in Ingersoll, Ontario, to manufacture commercial electric vans.
BMW said on Friday that it aims to double its sales of fully-electric vehicles this year as the German carmaker and rivals race to release new models to comply with CO2 emissions targets and chase market leader Tesla Inc.
Goldman Sachs Group Inc said on Friday it expects to become the issuing bank for automaker General Motors Co's credit card business, starting September this year.
Automakers around the world are shutting assembly lines because of a global shortage of semiconductors that in some cases has been exacerbated by the Trump administration's actions against key Chinese chip factories, industry officials said.
Tesla Inc filed a petition with U.S. auto safety regulators saying that 612,000 vehicles produced since 2012 do not fully comply with federal safety standards because displays can be switched from miles per hour to only metric measurements, documents released on Friday show.