Geely Automobile will acquire just over a third of Renault’s Korea unit for approximately $200 million, potentially helping it increase U.S. exports, and freeing up funds for the French automaker
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Nissan Motor will invest over $700 million in Mexico during the next three years to increase its operations in the country, the automaker said on Wednesday. The investment will enhance
Nissan Motor put an end to the production of its Datsun brand vehicles for emerging markets due to poor sales, a source knowledgeable about the matter said last week. The
Toyota Motor signed an agreement in Thailand to gain tax incentives and a subsidy for its battery electric vehicles (BEVs) from the Excise Department on Friday. This comes as part
Toyota Motor on Wednesday posted record-high global production in March, as the production outside Japan helped overcome the decline at home. The automaker produced 866,775 vehicles globally in March it
Honda Motor prepares to build millions of electric vehicles (EV) by 2030 utilizing three new dedicated platforms, with one to be developed along with U.S. partner General Motors, a top
Honda Motor is preparing to slash production by about 50% on two lines of one of its Japanese factories in early May because of ongoing chip shortages and COVID-19 lockdowns,
Hyundai Motor prepares to include electric vehicles (EV) in its Montgomery assembly line in the United States, marking the automaker’s first EV production in the country. The move was reported
Australia’s competition watchdog has taken Honda Motor’s local unit to court as of Wednesday. It alleged the Japanese automaker falsely claimed to its customers that two of its dealerships had
Honda Motor prepares to spend $64 billion on research and development during the next decade, the automaker said on Tuesday, laying out an ambitious target to roll out 30 electric
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