The state of Ohio said on Wednesday it prepares to provide $71.3 million in tax credits for a new Honda Motor and LG Energy Solution joint venture battery plant. On
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Honda Motor said on Thursday it would decrease car output by up to 40% at two Japanese plants for the rest of October from its previous plans, as the automaker
Zhejiang Geely Holding Group said on Friday it purchased a 7.6% stake in British luxury automaker Aston Martin. The deal value was not revealed. The stake is valued at 7.55
Russian automaker Sollers is in talks with Mazda Motor the buy Mazda’s stake in their Russian joint venture, Sollers said on Monday. Mazda said in March that exports of parts
Toyota Motor has decided not to restart production at its plant in Russia as it has not been able to see a stable supply of components, the Kommersant newspaper reported
Kia Corp is expected to start producing electric vehicles in the United States from 2024, according to South Korean media Maeil Business Newspaper and TV channel SBS. The report came
Nissan is recalling over 203,000 pickup trucks in the U.S. as they can roll away unexpectedly when shifted into the park. The recall concerns Frontier and Titan pickups from 2020
Nissan will extend its suspension of an assembly plant in Saint Petersberg, Russia, for another three months until late December. “Production is suspended at St Petersburg until the end of
Honda Motor said on Thursday it would reduce car output by about 40% at two Japanese plants for the rest of the month because of an ongoing supply chain and
Toyota Motor reached a settlement potentially worth $150 million to deal with U.S. class-action litigation tied to recalls of about 3.36 million Toyota and Lexus vehicles whose faulty fuel pumps
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