ford chrysler recall almost 160000 vehicles

Ford, Chrysler recall almost 160,000 vehicles

US automakers Ford and Chrysler are recalling tens of thousands of vehicles due to safety problems, the government said Friday.

Nissan, Mitsubishi boost ties in mini cars, other vehicles

Japanese automakers Nissan and Mitsubishi Motors said Tuesday they would boost ties by cooperating in the production of mini cars in their home market and commercial vehicles overseas.

Import tariff jump drives up automobile prices

Vietnam’s higher tariffs on auto part imports, up by 5 per cent from early last week, have forced local auto makers to raise prices. To spur automakers to make vehicle parts in Vietnam rather than import them, the government from September 1 raised tariffs on auto part imports from 20 to 25 per cent.