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VW’s Shanghai plant resumes output gradually

SHANGHAI -- Volkswagen Group's Shanghai factory has started gradually resuming production, the automaker said. The company’s factories in the northeastern Chinese city of Changchun, which it runs in a joint venture with China's FAW Group,…

Nissan ends Datsun budget brand

At the time of the reboot, Japan’s Nikkei business daily said Nissan targeted global volume of 300,000 units a year. But sales never blossomed in line with optimistic forecasts. Nissan could not immediately provide recent annual sales…

Honda: 800,000 EVs built in North America by 2030

This month, Honda announced it would team up with GM to sell millions of co-developed "affordable" EVs. And last month, Honda said it will partner with Japanese electronics giant Sony Corp. to market co-developed EVs from 2025.The 2…

Ferrari will recall cars globally on braking issues

Shares in Ferrari tumbled the most in more than two weeks after the sports car maker confirmed it will recall thousands of supercars due to problems with their braking system. “Vehicles involved in this recall campaign are equipped with a…

Some BMW X3 production may move to Mexico

The X3's U.S factory, BMW's largest auto assembly plant globally, is the 7-million-square-foot plant in Greer, S.C., near Spartanburg. It also builds the X4, X5, X6 and X7 utility vehicles, and is a global production hub for crossovers.But…