Finance

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BMW, Opel recall vehicles in SA over safety concerns

BMW South Africa (SA) and Opel Astra SA are recalling a number of vehicles after identifying potential safety issues

Hyundai Motor’s third-quarter profit slumps as US tariffs weigh

Hyundai Motor posted a 29% decline in third-quarter operating profit on Thursday, as United States (US) tariffs hurt the South Korean automaker

Volkswagen swings to $1.52 billion loss in Q3 on tariff, Porsche woes

Volkswagen made a 1.3 billion Euro ($1.52 billion) operating loss in the third quarter, hit by billions of euros in costs from United States (US) tariffs and a costly strategy reversal on electric vehicles at its subsidiary Porsche, the company said on Thursday