Hyundai Motor and LG Energy Solution said on Thursday they would establish a joint venture in Indonesia to establish a battery cell plant for electric vehicles (EV), investing $1.1 billion.
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Nissan Motor on Wednesday reported growing demand for their vehicles in the United States and first-quarter operating profit. The automaker reported an operating profit of 75.68 billion yen ($688.6 million)
SAIC-GM-Wuling (SGMW) has reported increased vehicle sales in the first six months of this year, the automaker said. SGMW, a joint venture between SAIC Motor, General Motors, and Wuling Motors,
Toyota Motor has suspended vehicle production at three of its manufacturing plants in Thailand over a parts shortage, the automaker said on Thursday. Toyota Motors Thailand has suspended vehicle production
China’s auto exports in June have hit a record high as the recovery of the global auto market continues, according to the industry data. Chinese automakers exported a total of
Great Wall Motor (GWM), the leading sport utility vehicle (SUV) and pickup manufacturer of China, said Tuesday that its first half-year net profit has more than tripled due to vehicle
A Tokyo court has handed down prison terms for the American father and son who were arrested over the allegations of helping Nissan’s former CEO, Carlos Ghosn, to escape from Japan while
Chinese automaker FAW Group exported 10,500 complete vehicles during the first half of this year, showing an increase of 130 percent year on year, the automaker said. The export volume
Chinese automaker BYD saw an increase in new energy vehicles (NEV) sales growth in June, according to the company data. In a filing with the Shenzhen Stock Exchange, the automaker
Toyota Motor’s research arm said on Thursday it acquired U.S.-based Carmera, which is specialized at providing maps and data for driverless vehicles. The purchase, through the newly created subsidiary Woven
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