Subaru said on Tuesday that it was suspending production at its plant situated in Indiana through the end of April because of a global shortage of semiconductors. Automakers including Ford
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Toyota Motor said on Monday it will introduce 15 battery electric vehicle (BEV) models worldwide by 2025, expanding the electric vehicle lineup to achieve carbon neutrality prior to 2050. The
Nissan Motor is set to cut production at some factories in Japan by next month, three sources with direct information of the plan informed Reuters on Thursday. The automaker will
Hyundai Motor Group said on Thursday it prepares to launch electric vehicles in China every year starting by 2022 to strengthen its presence in the country. The automaker said it
Sweden’s Polestar, the electric automaker controlled by Volvo Cars, and its parent, Geely, has raised $550 million in external funding, according to the company. The financing is Polestar’s first external
Chinese automaker FAW Group sold more than 1 million vehicles in the first quarter of this year, showing an increase of 74.3 percent year-on-year sales. Other than that, the automaker
South Korean automaker Hyundai Motor said on Friday it has decided to suspend production for two days from Monday at its Asan plant due to chip shortage. It said the
Toyota Motor unveiled new models of Lexus and Mirai in Japan on Thursday, geared up with advanced driver assistance, as rivalry in the sector continues to bring more self-driving and
Nissan Motor’s passenger and light vehicle business in China boosted unit sales by 70.6% year on year in the first three months of 2021, the automaker said in a statement
Yin Jiaxu, former Party secretary and chairman of China’s state-owned defense corporation, China North Industries Group Corp (Norinco), and former Chairman of Changan Automobile is undergoing disciplinary review for alleged
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