Hyundai Motor said on Tuesday it will launch its premium brand Genesis in Europe by June, thus launching its flagship sedan and sports utility vehicle (SUV) in one of the
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Sales of heavy trucks in China reached an all-time monthly high for the 13th consecutive month in April, industry data noted. An estimated total of 200,000 heavy trucks were sold
China’s leading new energy vehicle (NEV) producer BYD Company reported increasing profit and revenue growth in the first quarter of this year. In the recent quarterly report filed with the
Japanese automaker Nissan’s Aguascalientes factory in central Mexico will shut operations for seven days in May due to a lack of semiconductors, the automaker said on Thursday. The company added
Toyota Motor said Wednesday it will spend $803 million and bring 1,400 jobs at an Indiana assembly plant for building two new larger sport utility vehicles (SUVs). The Japanese automaker
Honda Motor will suspend three plants in Japan as many as six days in May because of continued chip shortage, a spokesman said on Wednesday. The automaker will suspend two
Toyota Motor will acquire Lyft Inc’s self-driving technology unit for $550 million, the companies said, as the Japanese automakers boost its presence in the autonomous world with the newly created
Jidu Auto, an electric vehicle venture between Baidu and Geely, aims to invest 50 billion yuan ($7.70 billion) into producing smart cars for the next five years, its CEO Xia
Hyundai Motor posted a first-quarter profit that almost tripled to its highest in four years as people purchased its luxury cars but warned it would have to adjust production again
Hongqi, a car brand under China’s leading automaker FAW Group, debuted its new S9 sports car at the opening of Auto Shanghai 2021 on Monday. The automaker said the first
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