Late sales rebound helps US automakers avoid 2020 disaster
Pandemic forced auto factories and many dealerships to shut down in April and May
Auto sales plunged 48% in March from last year due to outbreak
Started to dive as provinces declared states of emergency, dealerships voluntarily shut down.
Toyota, Panasonic announce joint venture for green auto batteries
Automaker will take a 51% stake in the venture, which will be running by the end of 2020.
GM seeing commodity costs rise in trade war, cuts outlook
Automaker’s take on the year ahead dragged down shares of the entire auto sector.
Appeals court approves US$10B Volkswagen emissions deal
VW agreed to spend up to US$10 billion compensating owners of roughly 475,000 Volkswagens and Audi vehicles with 2-litre diesel engines.
Trudeau can’t imagine Trump damaging US with auto tariffs
Will focus on continuing to advance the argument current and future tariffs are bad for both countries.
VW exec reinstated after probe of discredited monkey trials
Automaker exposed monkeys to diesel exhaust; now says it “emphatically rejects” tests on animals.
Tesla in Autopilot mode sped up before Utah crash
The crash occurred May 11 in suburban Salt Lake City. The car’s semi-autonomous driving aid was engaged at the time.
