China’s Great Wall Motor stated on Monday it had signed a binding agreement to buy a car plant from General Motors in Thailand. Great Wall stated it expects to finish
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Korean automaker Hyundai Motor expanded its future transportation portfolio with an agreement to jointly develop electric vehicles with California startup Canoo, the companies stated last week. It was the second
Mitsubishi Motors is postponing the restart of its plant with Guangzhou Automobile Group located in Hunan province until 27 because of coronavirus outbreak, the Japanese automaker stated on Friday. It
Toyota Motor stated on Saturday it plans to restart output at three of its four major auto plants in China next week. The resumption of production had at first been
Nissan filed a $91 million lawsuit against former Chairman of the company Carlos Ghosn on Wednesday in a Japanese court, contributing further into the range of issues emerging from Ghosn’s November
Lawyers of former Nissan chairman Carlos Ghosn went to court in Amsterdam on Monday over a wrongful dismissal case to seek disclosure of evidence that led to Ghosn being fired.
Volvo Cars and its owner Geely Holding stated Monday they are thinking about combining their businesses to form a company that would speed up “financial and technological synergies between the
Japan’s leading automaker Toyota raised its yearly forecast Thursday following cost cuts and healthy sales quadrupled quarterly profits from the earlier year. As with other companies that have operations in
South Korea’s Kia Motors is in discussion with the Indian state of Tamil Nadu regarding the possibility of moving a $1.1 billion plant out of neighboring Andhra Pradesh. The move
Hyundai Motor and affiliate Kia Motors plan to resume production at their Chinese factories on February 17, a representative said on Friday. They suspended Chinese production because of the coronavirus
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