Nissan has reported a 70% drop in quarterly profit and cut its full-year forecast to an 11-year low. The company’s global vehicle sales fell 7.5% to 1.27 million in the quarter. Sales in China, its biggest market, fell 2.5%, while those in the United States fell 4.5%. [...]

Rising demand in China and Europe helped the Volkswagen brand deliver 562,200 vehicles worldwide in October, 8.8% more than in October 2018. It reported significant growth in China (7.5%), the brand’s largest single market, and Brazil (1.6%), with deliveries rising despite shrinking overall markets. There were further sharp increases in deliveries in the European market [...]

SEAT’s carsharing service is being rolled out in L’Hospitalet de Llobregat (Barcelona) beginning on 14 November, and it will be the second city in Spain where SEAT’s carsharing platform Respiro operates after Madrid, which now has 15,000 users. L’Hospitalet mayor Núria Marín and SEAT Head of Urban Mobility Lucas Casasnovas confirmed the agreement at the [...]

Ford Motor Company has joined the ‘New Deal for Europe’ initiative to foster greater cooperation and innovation for a sustainable future. The ‘New Deal’ calls on businesses, governments, organisations and policy-makers to work together to develop a comprehensive Sustainable Europe 2030 strategy based on the United Nations Development Goals and the Paris Climate Accord. The [...]