Nissan Motor Chairman Carlos Ghosn is to be arrested by Tokyo prosecutors for alleged financial violations in Japan, according to the Asahi newspaper’s report. The newspaper reported on its website
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Hedge fund Elliott on Tuesday renewed pressure on Hyundai Motor, prompting it to return $10.6 billion of capital to shareholders and look forward to sell non-core assets, consisting of costly
Renault stated it will build new Nissan and Mitsubishi vans at its local plants, boosting investment in the country as it looks for closer integration of the three-way automaking alliance
Mazda Motor on Thursday stated it planned to recall around 640,000 vehicles worldwide to resolve issues including a problem with the valve springs used in its diesel engines. The Japanese
Hyundai Motor and its affiliate Kia Motors are preparing to launch a solar charging technology for some Hyundai vehicles to fulfill global emission regulation targets, the South Korean automakers stated.
Honda Motor’s joint venture with GAC Group is going to invest 3.27 billion yuan ($469 million) in new-energy vehicle production in China, GAC stated in a stock exchange filing on
Ford Motor and Baidu Inc started a two-year project on Wednesday to test self-driving automobiles on Chinese roads, in middle of a global race by automakers and internet firms to
Germany’s Daimler is forming a ride-hailing joint venture in China with Geely Group, in an indication the Chinese firm is making progress in its drive for closer relations with the
The Senate Commerce Committee’s Republican chairman and ranking Democrat stated on Wednesday they had asked top U.S. executives at Hyundai Motor and Kia Motors to testify at a November 14
Chinese automaker Geely Automobile Holdings has been subjected to speculation about its political ties. The automaker has moved to dispel a widely held belief its chairman’s wife was related to
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