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Kia shares rise after report says still scope for Apple partnership

Kia shares rise after report says still scope for Apple partnership

  Shares in Kia Corp rose as much as 8.1% on Friday after a South Korean online news site said there was still potential for the automaker to form a partnership with Apple Inc. Shares…

Honda beats estimates to post 67% gain in third-quarter operating profit

Honda beats estimates to post 67% gain in third-quarter operating profit

  Japanese automaker Honda Motor Co on Tuesday posted a better-than-expected 67% jump in third-quarter operating profit to 277.7 billion yen ($2.65 billion) as car demand gained momentum in the latter half of 2020. The…

S’Korea carmaker, Kia’s, shares jump 14.5% on Apple EV tie-up report

S’Korea carmaker, Kia’s, shares jump 14.5% on Apple EV tie-up report

  South Korea’s Kia Corp shares surged to their highest in over two decades on Wednesday after a local media report said the carmaker will sign a 4 trillion won ($3.59 billion) deal with Apple…

Volkswagen asks US Supreme Court to reverse ruling on local emissions claims

Volkswagen asks US Supreme Court to reverse ruling on local emissions claims

  Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total…

Volkswagen CEO expects autonomous cars on market from 2025-2030

Volkswagen CEO expects autonomous cars on market from 2025-2030

  The chief executive of Volkswagen, the world’s largest vehicle maker by sales, expects autonomous vehicles to be ready for sale between 2025 and 2030, he told a magazine. Herbert Diess cited the improving performance…

Report: Japan may ban sale of new gasoline-powered vehicles in mid-2030s

Report: Japan may ban sale of new gasoline-powered vehicles in mid-2030s

  Japan’s government is considering abolishing sales of new gasoline-engine cars by the mid-2030s in favour of hybrid or electric vehicles in line with a global shift from traditionally powered cars, public broadcaster NHK reported…

Nigerian dealer achieves sales dreams in US

Nigerian dealer achieves sales dreams in US

  “The issue of acceptance was there at the beginning, but you have to find a way to fight through,” Faith Mba says. The seeds of Faith Mba’s entrepreneurial spirit were planted while growing up…

Hyundai looks ahead to new SUVs in 2021, urban air taxis by 2028

Hyundai looks ahead to new SUVs in 2021, urban air taxis by 2028

  South Korean automaker Hyundai Motor Co is supercharging its product portfolio next year with the introduction of several new SUVs, while looking even farther out to the launch of its first urban air taxis…

UK plans to bring forward ban on fossil fuel vehicles to 2030

UK plans to bring forward ban on fossil fuel vehicles to 2030

  The UK is poised to bring forward its ban on new fossil fuel vehicles from 2040 to 2030 to help speed up the rollout of electric vehicles across British roads. Boris Johnson is expected…