Alexa

Cost controls, luxury sales help Daimler weather pandemic

FRANKFURT, Germany (AP) — Car and truck maker Daimler AG increased its profits by 48% to 4.0 billion euros ($4.8 billion euros) in 2020 thanks to extensive cost-cutting and a sales recovery in the sec...

Houston furniture store offers shelter after winter storm

HOUSTON (AP) — For Tina Rios, her family and hundreds of other people, shelter from the winter storm that has left much of Houston without power or heat came from an unusual place: a furniture store. ...

Pneumonia and influenza deaths in Taiwan at 10-year low: Annals of Internal Medicine

TAIPEI (Taiwan News) — Despite the coronavirus (COVID-19) pandemic, the number of pneumonia and influenza deaths in Taiwan fell to a 10-year low in 2020, according to a report published by the a...

TSMC, other Taiwan chipmakers considering price hike for automotive chips

TAIPEI (Taiwan News) — Amid a global shortage, Taiwan Semiconductor Manufacturing Company (TSMC) and other Taiwanese chipmakers are considering increasing prices for automotive chips. Price i...

European car sales suffer worst plunge ever in pandemic

MILAN (AP) — European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry. New car registrations sank...

Volkswagen triples electric car sales ahead of climate rules

FRANKFURT, Germany (AP) — Europe's push into electric cars is gathering speed — despite the pandemic. Automaker Volkswagen tripled sales of battery-only cars in 2020 as its new elec...

ICYMI: Stories to put a smile on your face

Germany achieves its 2020 climate targets Germany's carbon emissions during last year were down by 42.3% over 1990 levels, according to analysis by Berlin-based think tank Agora Energiewende. A...

Taiwanese car market reported largest sales volume in 15 years amid pandemic

TAIPEI (Taiwan News) — Taiwan’s car market defied the COVID-19 pandemic and saw the sale of 457,000 new vehicles in 2020, which is the highest sales volume since 2006, according to a China...

French investigators to question Carlos Ghosn in Lebanon

BEIRUT (AP) — A team of French investigators will come to Beirut next month to participate in interrogating former Renault-Nissan boss Carlos Ghosn, a Lebanese justice ministry official said Saturday....

Volkswagen faces "massive" shortage of electronic parts

FRANKFURT, Germany (AP) — Volkswagen said Thursday it was facing production slowdowns due to a “massive” supply bottleneck caused by a shortage of semiconductor components for car electronics as globa...

Fears and tension mount for commuters still heading to work

NEW YORK (AP) — One by one, the fears creep in as Aura Morales rides the bus to her job at CVS in Los Angeles. A passenger boards without a mask but she doesn't dare confront him. More riders board an...

Edmunds: Some of the best cars cost less than $399 per month

The COVID-19 pandemic initially slowed car sales, but now many new-car buyers are making more expensive purchases than ever before, according to sales data from Edmunds. The average...

Car sales slump again in Europe amid renewed restrictions

MILAN (AP) — After a one-month reprieve, passenger car sales in Europe slumped again in October amid new restrictions in many countries aimed at containing a resurgence of the coronavirus, the Europea...

UK to ban gasoline car sales by 2030 as part of green plan

LONDON (AP) — Britain will ban the sale of new gasoline and diesel cars by 2030, a decade earlier than its previous commitment, the prime minister said Tuesday. Boris Johnson made th...

Volkswagen returns to profit as global auto markets recover

FRANKFURT, Germany (AP) — German automaker Volkswagen said Thursday it returned to profit in the third quarter thanks to cost discipline and a rebound in global sales markets led by China after the li...