Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform in early 2021 that will use its own battery technology to reduce production time and costs. The
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Hyundai Motor and Kia Motors’ U.S. units on Friday agreed to a record $210 million civil penalty following the statement by U.S. auto safety regulators that the automakers failed to
Japan’s state-owned export credit agency has accepted to give Nissan Motor up to $2 billion as part of a credit agreement to assist it to finance auto sales in the
Nissan Motor on Tuesday said it is going to sell a redesigned version of its best-selling Note compact car in Japan from December. The vehicle will be having a new
Unionized workers at Kia Motors in South Korea will introduce a partial strike on November 24 over wages and concerns about job security as the automaker pursues prepares to produce
Any final exit by the United Kingdom from the European Union that worsens business conditions through boosted tariffs would threaten the sustainability of Nissan Motor’s operations in the country, the
Daimler AG said on Tuesday it will work with China’s Geely for building next-generation combustion engines for use in hybrid vehicles. Efforts to share development costs come as the growth
Hyundai Motor is being sued over a range of battery fires in its electric vehicles (EVs), just as General Motor recalls almost 70,000 EVs with batteries from the same maker,
Nissan Motor is “absolutely not” in talks to sell its stake Mitsubishi Motors, Nissan’s chief operating officer said on Monday, after a report that the automaker was considering pulling out of
Nissan Motor is looking to sell some or all of its 34% stake in Mitsubishi Motors. Bloomberg News reported on Monday, mentioning unidentified sources, a move that would remodify a three-way
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