Author: Automotive News Feed

Why Ford says U.S. steel is so expensive; Faraday Future plans job cuts; Tesla’s Musk locked out; Navya’s timing advantage on AVs; How mobility services could aid fixed operations.

The inspections violated transport ministry norms and eventually led to the recall of 395,000 vehicles.

Subaru nearly halved its operating profit forecast for the April-September period because of higher quality-related costs, in the wake of it not adhering to proper inspection steps last year that led to a recall of 395,000 vehicles.

The choice of Singapore — which doesn’t have a single car-manufacturing plant and is one of the costliest places in the world to buy an automobile — comes as Tesla zeroes in on establishing a factory in China.

The electric-vehicle maker said it will lay off some employees and cut staff salaries by 20 percent because of “financial difficulty” following a dispute with its property-tycoon backer.

Johann Wolff began his career at BMW as an apprentice before going on to manage several BMW foundries as a master craftsman in foundry pattern making.

Vacuum cleaner producer Dyson has chosen to build its electric car in Singapore to be close to Asian customers, supply chains and a highly skilled workforce.

BMW is expanding a recall of diesel cars to 1.6 million vehicles to fix a potential fire hazard in their engines.

VW Group has begun building a plant in China that will start production of an electric VW crossover in 2020 before producing other EV vehicles based on the automaker’s MEB platform.

Fiat Chrysler Automobiles has not paid a dividend since it was formed in 2014, but the automaker now has the chance to change this following its 6.2 billion-euro ($7.14 billion) sale of supplier Magneti Marelli.