Honda and Hino join SoftBank and Toyota mobility venture

SoftBank Group logo

Japanese automakers Honda and Hino are teaming up for a partnership between SoftBank and Toyota for mobility advantages including self-driving cars. SoftBank Corp. and Toyota Motor announced a joint venture for mobility services in 2018, in what they called a “united Japan” effort to deal with the worldwide competition. Honda Motor, Toyota’s competitor, and Hino […]

General Motors: Mark Reuss to succeed Dan Ammann as president

General Motors

General Motors stated on Thursday that Mark Reuss would succeed Dan Ammann as president, effective immediately, as part of the automaker’s continued shift to electric and self-driving vehicles in North America and China. Reuss remains concentrated on rebuilding the Cadillac brand and streamlining automaker’s product development operations, while boosting the resources, mainly engineering hours, allocated […]

General Motors to sell new electric car batteries to Honda

2017 Honda Clarity

General Motors will provide advanced batteries to Japan’s Honda Motor, the companies stated Thursday, a move that could apparently reduce the expense of future electric vehicles at both automakers after 2020. The automaker stated the new batteries, which it has branded EME 1.0 and first described last fall, will be smaller than present EV batteries, […]

Guangzhou Auto raising around $2.2 billion in green car, proprietary brand push

Guangzhou Auto Show

China’s sixth-largest automaker by sales, Guangzhou Automobile Group (GAC Group), prepares to sell up to 15 billion yuan ($2.2 billion) worth of shares to fund advancement of its green vehicle service, exclusive brands and factories, the company stated on Monday. Chinese car manufacturers have invested billions in establishing electrical and petrol-electric hybrid automobiles at the […]