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AUTOMAKER FINES
EU emissions reprieve for carmakers may slow EV shiftThe European Commission proposes to ease emission targets for automakers, granting them three years to meet the 2025 CO2 reduction goal. Th...05 Mar, 2025, 10.03 AM IST- Automakers to pool CO2 emissions with Tesla, Polestar to meet EU 2025 rulesCompanies with lower EV sales can "pool" their emissions with sector leaders, purchasing emissions credits from other manufacturers to lowe...08 Jan, 2025, 10.13 AM IST
- EV sales surge in UK as carmakers cut prices to dodge fines; still miss mandateAlmost one in three new cars registered in the UK last month were fully electric. Automakers are reducing prices of plug-in models to avoid...05 Jan, 2025, 11.53 PM IST
- Automaking countries press EU to relax rules on CO2 finesSpeaking ahead of a summit of European Union countries' leaders, German Chancellor Olaf Scholz said it did not make sense to add to the dif...20 Dec, 2024, 10.05 AM IST
- As EV demand slows, Europe’s auto industry might face €15 billion in fines over emissions, warns Renault CEOEurope's auto industry may face fines of 15 billion euros due to a slowdown in electric vehicle demand, according to Renault CEO Luca de Me...08 Sep, 2024, 12.29 AM IST
- Gas-powered muscle cars drive into the sunset, turn electricStellantis' Dodge brand, long the performance flag-bearer of the company formerly known as Fiat Chrysler, is officially moving toward elect...18 Aug, 2022, 05.17 PM IST
- Volkswagen’s crippling supplier feud shows limits of penny pinchingVW agreed to compensate Bosnian parts maker Prevent Group for a canceled contract and extend their partnership for another six years.24 Aug, 2016, 03.06 PM IST
- Automakers may face Rs 100 crore fine for violating safety rulesThe panel has agreed to framing strict and steeper penalties that include imprisonment for offences like driving by minors, crossing speed ...05 Jun, 2016, 10.56 AM IST
- Volkswagen faces US criminal probe on cheating scandal: ReportsThe United States has opened a criminal investigation into Volkswagen, which has admitted almost 500,000 of its cars in the US have a clean...22 Sep, 2015, 08.00 PM IST
- Rising yen could force production shifts: ToyotaThe dollar's plunge, it currently trades at about 83 yen has chipped away at the value of the overseas earnings of Japanese exporters such ...15 Jan, 2011, 11.43 AM IST
- Toyota sets 2011 sales target at 8.6 million, up 3 per centToyota Motor said on Tuesday it aims to lift group global sales by three percent next year on the expectation that robust overseas sales wi...21 Dec, 2010, 01.15 PM IST
- Toyota to pay $32.4 mln in extra fines over recallsToyota has agreed to pay 32.4 million dollars in fines over its handling of two auto recalls, bringing total penalties levied on the firm t...21 Dec, 2010, 10.32 AM IST
- US to probe Toyota delay in 2005 steering recallUS is investigating whether Toyota delayed a 2005 recall in the US over defective steering rods in trucks and SUVs. Toyota stops sales of 8...11 May, 2010, 04.30 AM IST
- US transport chief warns Toyota on safetyThe US transport chief told Toyota on Monday that Washington "will not sleep" until it is sure the Japanese car giant has improved safety a...10 May, 2010, 03.53 PM IST
- Toyota to recall 100,000 Corollas in Brazil: Consumer groupToyota is recalling 100,000 Corolla model cars sold in Brazil over acceleration problems, a consumer protection group has said after meetin...24 Apr, 2010, 09.59 AM IST
- Moving faster, Toyota recalls SUVs, agrees to fineToyota has agreed to a record $16.4 million fine for its slow response to sticking gas pedals - the equivalent of a little more than $2 for...20 Apr, 2010, 01.00 PM IST
- Toyota set to pay US fine, deny cover-up over gas pedalsToyota Motor expected to pay a $16.38 million fine imposed by US govt but plans to deny deliberately covering up defects in its vehicles.19 Apr, 2010, 07.13 PM IST
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