Toyota cuts production plan again on ongoing chip shortage
The Russian Kommersant newspaper, which first reported the plans, said the factory, which has a capacity of 100,000 units a year and produced the Camry and RAV4 models, would be preserved and might be sold in the future.
German automakers have uphill struggle to go green
As Germany speeds up investment in renewables, the energy consumption of its automakers reveals just how reliant the country’s most important industry is on fossil fuels, a Reuters analysis of environmental data shows.
Government issues plan to increase renewable energy use
Government will synchronously develop factors of a competitive and transparent energy market in accordance with the socialist-oriented market economy; ensure sustainable development of energy sub-sectors.
Tritium enters U.S. charger market with new design
Volkswagen announced that it would close its Nizhny Novgorod factory in July, while Aston Martin, BMW, Ford, General Motors, Honda and Jaguar Land Rover have halted sales in the country.
Former dealership employee accused of stealing $1.3 million
Now featuring twin turbos, this 4.0-liter V-8 features a redline of 8200 rpm and delivers up to 640 horsepower. It’s mated to an IMSA-specified hybrid system, while a separator clutch between the two engines allows for electric-only driving at pit speeds.
Mazda discussing ending production in Russia, Nikkei reports
Pendragon, the London-listed car dealer behind brands including Evans Halshaw and Stratstone, has received a fresh £400m takeover approach from its largest shareholder. The approach is expected to be confirmed in a stock exchange announcement.
