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HANGZHOU, China/SHANGHAI: Cashback offers, up to 10 free oil changes, generous prepaid gasoline cards - these are just some of the giveaways China's auto dealerships are using to woo customers out and about after spending much of February and March in lockdown.
LONDON (Reuters) - Formula One and Silverstone have agreed terms for two races without spectators at the circuit this season, subject to government approval, the track's managing director Stuart Pringle said on Friday.
LONDON (Reuters) - Former MotoGP world champion Jorge Lorenzo will not have a chance to race this season after series organisers ruled out wild card entries due to the COVID-19 pandemic.
TOKYO: Nissan Motor Co is planning to cut about 300 billion yen (US$2.8bil) in annual fixed costs and book restructuring charges as the coronavirus pandemic further depresses the carmaker’s sales, a person with knowledge of the measures said.
BANGKOK, May 13 (The Nation/ANN) - Amid slump in demand, auto companies have lowered motorcycle production this year to 1.8 million units although they say it is hard to assess when the market will recover.
TOKYO: Honda Motor Co has posted its lowest operating profit in four years and refrained from releasing an earnings outlook for the current business year as the coronavirus pandemic hits global car demand.
TOKYO: Toyota Motor Corp said it expected profit to drop 80% to its lowest in nine years, as Japan’s biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles.
TOKYO: Japanese automaker Honda Motor Co sank deeper into losses for the fiscal quarter that ended in March, as the damage to the industry from the coronavirus outbreak hurt sales and crimped production.
MELAKA: The Melaka Deputy Speaker says he will continue driving his official car until a legitimate assembly is convened to vote him out.