Japanese automakers delayed on Friday the restart of plants in China near the epicentre of a coronavirus outbreak, complying with authorities' directives, but raising the risk of further supply disruptions that could hit global car production. Nissan Motor Co said it would keep its plants in Xianyang in the central province of Hubei, and Zhengzhou in the neighbouring province of Henan, shuttered after Monday, when it had planned to resume operations, but did not set a new date. Honda Motor Co

Retail sales of passenger cars in China crumbled 92% on an annual basis in the first 16 days of February, according to China Passenger Car Association (CPCA), as the coronavirus outbreak slammed the brakes on businesses across the country. China's passenger vehicle sales recorded 4,909 units in the first 16 days, down from 59,930 vehicles in the same period a year earlier, data from CPCA showed, the first major figures to demonstrate just how hard the epidemic is hitting the world's biggest aut

German luxury carmaker Daimler on Friday warned of risks for the economy and its own business from the outbreak of coronavirus that is spreading in China and around the world. "Risks for the Daimler Group may not only affect the development of unit sales, but may also lead to significant adverse effects on production, the procurement market and the supply chain," the Stuttgart-based company said in its annual report https://bit.ly/2SJHGOi. It also noted that the epidemic posed a ris

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Volkswagen and the German consumer protection organisation have agreed to resume talks aimed at reaching a deal in a class action lawsuit over the carmaker's rigging of diesel emissions tests. VW admitted using illegal software to cheat U.S. diesel engine tests in 2015, a scandal which has cost it more than $30 billion in vehicle refits, fines and provisions. Nearly all U.S. owners of affected cars agreed to take part in a $25 billion settlement in 2016 in the United States, but V

BMW will continue to grow sales globally while at the same time lowering its European average emissions of carbon dioxide by around 20% this year, Chief Financial Officer Nicolas Peter said on Thursday. Carmakers need to lower their output of carbon dioxide, a greenhouse gas blamed for global warming, but carmakers have struggled to meet stricter emissions goals as clients increasingly choose to buy heavier sports utility vehicles. "The fleet average emissions will go down significan