People visit the Volkswagen booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo By Yilei Sun, Tony Munroe BEIJING (Reuters) – In late December 2019, managers at Volkswagen (VOWG_p.DE) headquarters in Wolfsburg realised they might have a serious problem in China, the company’s biggest market

Aston Martin DBX, the company’s first sport utility vehicle, is displayed at its global launch ceremony in Beijing, China November 20, 2019. REUTERS/Jason Lee/File Photo LONDON (Reuters) -Carmaker Aston Martin reported on Wednesday a 224% increase in sales to its dealers, boosted by its first sport utility vehicle, the DBX, as losses fell in the

This Aug. 15, 2019, file photo shows the Toyota logo on a dealership in Manchester, N.H. In a deal announced Wednesday, July 21, 2021, Japan’s top automaker Toyota is adding makers specializing in tiny “kei” cars, Daihatsu and Suzuki, to a partnership in commercial vehicles set up with Hino and Isuzu earlier this year. (AP

A China-made Tesla Model 3 electric vehicle is seen ahead of the Guangzhou auto show in Guangzhou, Guangdong province, China November 21, 2019. REUTERS/Yilei Sun/File Photo The price of Tesla (TSLA.O) vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw materials, Elon Musk said on Monday in response to

File – This July 26 2018 file photo shows the logo of Hyundai Motor Co. in Seoul, South Korea. Hyundai is recalling over 390,000 vehicles in the U.S. and Canada, Tuesday, May 4, 2021, for problems that can cause engine fires. In one recall, owners are being told to park outdoors until repairs are made.

Photo: Credit Toyota TGR’s new GR 86 Toyota City, Japan―On April 5, 2021, TOYOTA GAZOO Racing (TGR) gave the new GR 86 its world debut in an online event held together with Subaru Corporation (Subaru). Following the GR Supra and GR Yaris, the new GR 86 is the third global model in TGR’s GR series

Volvo car is parked behind the Volvo logo in the lobby of the company’s corporate headquarters, in Brussels. Volvo says it will make only electric vehicles by 2030. But for those who want one, they will have to buy it online. The Swedish automaker said Tuesday, March 2, 2021, that it is phasing out the

By Heekyong Yang, Joyce Lee Hyundai Motor Co will replace battery systems in some 82,000 electric vehicles globally due to fire risks – a costly $900 million recall that lays bare the thorny issue of how car and battery makers split the bill when problems arise. The recall is one of the first mass battery

A Toyota corporate logo appears on a screen as a visitor watches a video showing the assembly line procedures of a Toyota Motor Corp.’s plant at the automaker’s exhibition hall in Toyota, central Japan, Thursday, March 4, 2010. Toyota says it will roll out two new battery-electric vehicles and one plug-in gas-electric hybrid in the

A Tesla Model S electric car is seen at its dealership in Seoul, South Korea July 6, 2017. REUTERS/Kim Hong-Ji WASHINGTON (Reuters) – Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail after U.S. auto safety regulators sought the recall last month, according to a