Car carrier — and Bentleys, Porsches and Lamborghinis — sinks
The Felicity Ace, which caught fire in the Atlantic on Feb. 16, was transporting luxury vehicles to the United States.
The Felicity Ace, which caught fire in the Atlantic on Feb. 16, was transporting luxury vehicles to the United States.
Volkswagen Group has not said how many vehicles are on the Felicity Ace or the breakdown of the models, although it has been reported they included 2022 Porsche Boxster Spyders as well as Audis, Bentleys and Lamborghinis.
General Motors is extending temporary shutdowns at three assembly plants, including one in San Luis Potosí, Mexico.
Audi said it will allow Mexican officials to audit its Puebla plant following a dispute over tax payments.
Around 45,000 auto workers are on hold in Puebla, Mexico, as local authorities said they will not allow the automotive manufacturing industry to resume production over coronavirus fears.
Mexico, one of the biggest exporters of vehicles in the world, experienced a 12.7% drop in total vehicle exports in August from a year ago. Manufacturers shipped 281,811 units last […]
Auto manufacturers remain a proponent of autonomy, even if what they’re manufacturing are varieties of electric scooters and bikes.
Mexican factories exported a record-breaking 1.74 million vehicles worldwide during the first six months of 2019. The majority of those vehicles – 1.37 million – were shipped north across the […]
The challengers have the enormous advantages of brand identity and manufacturing infrastructure.
Nestlé commits to pumping the brakes on deforestation caused by palm oil production, Maersk surcharges are on the horizon, and Audi announces their plan to break into the electric vehicle market.
In the last few weeks, Volkswagen AG has been fined $1.2 billion by a German court over its Dieselgate scandal and is now looking at recalling 124,000 vehicles as it discovered the presence of cadmium in chargers of its electric car variants.
Donald Broughton says that the oil boom and Trump tax cuts are driving a young industrial expansion cycle; shippers continue to adjust supply chains to minimize transport costs; Google invests $550M in Chinese e-commerce site JD.com; China may put a tariff on US oil imports; Brazil’s trucker strike shattered economic growth outlooks; Asia-North America container rates are softening.
Audi CEO Rupert Stadler has been arrested in Germany today in connection to the auto major cheating the emissions test, now dubbed the “Dieselgate”.