Volkswagen says the independent investigation into its admitted use of software used to cheat diesel emissions tests will take several months.
Volkswagen will recall and refit up to 11 million cars, following the revelations they contain software used to cheat diesel emissions tests.
Volkswagen’s former CEO, who resigned last week, is being investigated by prosecutors over the company’s emissions cheating scandal.
The writing is on the wall for Australian car component makers. But, while some will surely die in the next couple of years, others are redirecting their energies to new challenges. Hartley Henderson writes.
The Volkswagen “defeat device” scandal has widened, with the company admitting 11 million diesel vehicles built from 2009 – 2015 were affected.
The deployment of robots could help automotive companies bring manufacturing closer to their headquarters, a US executive has predicted.
Volkswagen’s shares lost 18 per cent of their value yesterday, following the “defeat device” scandal in the US and an apology from the company’s CEO.
General Motors will pay $US900 million ($A1.25 billion) after it failed to recall cars with faulty ignitions that have been linked to 124 deaths.
Ford Australia will tour Victorian and New South Wales schools from September to December in an effort to inspire children to careers in the automotive industry.
Holden has displayed its last Australian-made Commodore and said it will retain a larger amount of workers in the country than previously believed.
Toyota will invest $A71m in intelligent vehicle and mobility technologies and establish research centres at Stanford University and the Massachusetts Institute of Technology.
The AAAA has formed a body to promote the local automotive components manufacturing sector by focusing on innovation and export expansion.
PWR, the Queensland-based designer and manufacturer of cooling systems used by car racing teams, is considering an ASX listing later this year.
Dozens of businesses attended an engagement forum at Elizabeth yesterday and discussed the region’s industrial future, which faces difficulties such as the end of manufacturing at Holden in 2017 and the shipbuilding “valley of death”.
A future Labor Government would seek to continue funding to car component makers even after 2017, when local car making has ended.
Delegates from India’s automotive sector are visiting Melbourne and Sydney this week as part of Austrade’s Innovation Showcase.
The Australian team competing in the 2015 Isuzu World Technical Competition has been announced.
Grants worth $28.78 million have been announced, with the aim of assisting South Australia’s manufacturing industry adjust to the end of passenger car assembly in 2017.
Volkswagen led in global car sales for the first half of the year, ahead of Toyota and General Motors.
A major European carmaker will conduct the first on-road trials of driverless cars in the Southern Hemisphere in South Australia in November.