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NEW YORK: Volkswagen, which is set to provide detailed plans to fix vehicles that do not comply with U.S. emissions standards, faced more pressure on Thursday from officials in Washington and California to buy back older diesel cars.
PETALING JAYA: Sales of used cars are expected to be flat this year, despite being largely unaffected by the goods and services tax (GST). An industry observer said the decrease in car prices would encourage people to buy new cars instead of used ones.
WASHINGTON: US President Donald Trump said China had agreed to cut import tariffs on American-made cars, buoying shares in BMW and Daimler AG which manufacture in the United States for export to the world’s biggest auto market.
WASHINGTON/SHANGHAI: US President Donald Trump said on Sunday that China had agreed to cut import tariffs on American-made cars, a potential boon for automakers including Tesla Inc and BMW who manufacture in the United States for export to China.
BEIJING: China will take further steps to relax trading of used cars in an effort to encourage existing owners to sell their old vehicles and buy new ones in the world’s biggest auto market.
JOHOR BARU: A Singaporean housewife has been detained by the Johor Customs Department over the alleged smuggling of used luxury cars from the republic.