Japan’s Subaru Corp, long a laggard in electrification, plans to go greener with a target to get at least 40 per cent of its global sales from full-electric or hybrid vehicles by 2030.
The Highland Green 1968 Ford Mustang GT featured in the film "Bullitt" was sold Friday at a Florida auction house for $3.74 million.
A collection of luxury cars confiscated by Geneva authorities from a son of the president of Equatorial Guinea is estimated to fetch 18.5 million Swiss francs ($18.67 million) this weekend, Bonhams auction house said on Friday.
Renault, Nissan and Mitsubishi plan to reboot joint operations after the departure of former alliance supremo Carlos Ghosn. France’s Renault is trying to repair relations with its Japanese partners after they were shaken by Ghosn’s arrest in Tokyo
China’s auto sales fell at a slower rate in March and industry experts expect a pick-up in the second half. Automobile sales in China plunged an annual 43.3% in March, a data showed,
Nissan Motor has requested a $4.6 billion commitment line from major lenders to cushion the impact of the coronavirus pandemic while it seeks to engineer a desperately needed turnaround, people with knowledge of the matter said.
China will cut subsidies on new energy vehicles (NEV) such as electric cars by 10% this year, the finance ministry said, following a decision last month to continue providing incentives to buy clean energy vehicles.
Owners of cars that were damaged after debris fell on them from APCO Tower during a blaze that gutted the building should be entitled to compensation from their insurance companies.
The police said that security teams have arrested the man responsible for damaging cars.
The police urged young people to abide by the laws, act responsibly and have a sense of belonging, loyalty and dedication to their country by keeping roads in good condition, preserving public and private property and not jeopardizing their safety and that of others.