Toyota Motor will offer its cars in India on leases or shorter-term subscriptions, hoping to cover the growing demand for private transport as travelers avoid traveling in public transport due
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India’s commerce minister has asked automakers to observe ways to decrease royalty payments to foreign parent companies for use of technology or brand names, two sources said according to Reuters,
Amazon.com Inc’s cloud computing unit will help Toyota Motor build a platform that will help it manage and monetize data taken from the automaker’s global vehicle fleet, the companies stated
Kia Motors has announced plans to expand its partnerships with worldwide mobility companies to meet the needs of a diverse range of consumers. Kia’s President and CEO Ho Sung Song
Toyota Motor and Mazda Motor stated on Thursday they will spend $2.3 billion in a new joint venture factory located in Alabama, $830 million more than announced in their original
U.S. electric truck maker Nikola said it was open to working with Japanese automaker Hyundai Motor on hydrogen technology after a media report that it had reached out to the
Chinese electric carmaker Nio Inc prepares to boost capacity, it said on Tuesday following their reporting that quarterly revenue more than doubled, beating expectations. The auto industry in China is showing signs
Hyundai Motor and auto supplier Aptiv PLC have named their self-driving joint venture Motional, the companies stated on Tuesday. Established a year ago, the $4-billion venture is developing a wholly
Hyundai Motor stock increased as much as 10.2% on Monday to its highest price since May 2018. The increase follows the automaker’s statement that they would create a family of
Chinese automaker Geely prepares to use a platform developed with input from Volvo Cars for creating new models in Malaysia for its partly owned Proton brand, a strategy that shows
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