Ford dealer all-in on new order process
Festooned with more BMW design cues than a knockoff track suit, the colorful BMW M Hybrid V8 is set to enter the inaugural IMSA GTP class at the 24 Hours of Daytona, where Acura has long reigned supreme.
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.
VW may shift output from Germany over gas shortage
Volkswagen Group could shift production out of Germany and eastern Europe if a shortage of natural gas persists, the latest sign that the energy crisis unleashed by Russia’s invasion of Ukraine threatens to shake up Europe’s industrial landscape.
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.
Tesla's Texas push puts German plant on back burner
Employees, who have been retained throughout the suspension, will be offered assistance for re-employment, retraining and wellbeing, Toyota has confirmed, adding that they will all be given redundancy payouts. It didn’t confirm how many people were affected.
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.
