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Toyota engineer pans battery-electric cars

Toyota engineer pans battery-electric cars

According to a senior engineering official working for Japan’s Toyota, the world’s largest automaker, battery-driven electric cars will not reach mainstay when it comes to filling the gap for long range drives. Electrics powered by batteries will not become a practical choice when it comes to long-drive hauls instead of […]

South Korea: Uber is in violation of communications law

South Korea: Uber is in violation of communications law

According to South Korea’s media regulator, Uber Technologies – the well-known US company that offers ride-sharing services all around the world – has breached communications rules on using location data and the authorities will report the transgression to prosecutors. The Korea Communications Commission announced in an official statement that Uber’s […]

Takata books another loss on airbag debacle

Takata books another loss on airbag debacle

Takata Corp, the second largest auto safety parts supplier in the world, has announced it would incur a loss of around 45 billion yen ($440 million) in the April-June quarter because of its airbag problems. The parts maker has been plagued by massive recalls – with many automakers calling back […]

GM’s forecast of profit changes positively

GM’s forecast of profit changes positively

Amid all the news surrounding the findings of the internal review order on the conduct of the company’s 2.6 million cars recalled for a defective ignition switch, the No.1 automaker also revealed its profit predictions. The profit outlook was changed yesterday, the same day that the 325-page report painted a […]

GM’s recalls keep piling up

GM’s recalls keep piling up

The NO.1 US automaker is facing a huge public relations scandal because of the late February recall of 2.6 million cars over issues with a defective ignition switch, with probes from every possible federal body seeking to find why GM was late in calling back the cars. So, with a […]