NEWSWORTHY
Nissan Motor Co. aims to have vehicles powered by electric motors account for half its sales by fiscal 2025. According to Nissan's midterm domestic business plan released Friday, the company will launch by fiscal 2022 three pure electric models and five hybrids that run on ...
No 'in principle' NAFTA deal expected to be announced at Lima summit
Talks to rework the North American Free Trade Agreement (NAFTA) are not sufficiently advanced for the United States, Mexico and Canada to announce a deal "in principle" at this month's Summit of the Americas in Lima, according to two people familiar with matter. The ministers ...
China strikes back with duties on U.S. soybeans, planes and cars, sending global markets down
Reuters China hit back quickly on Wednesday against U.S. plans to impose tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key American imports, including soybeans, planes, cars, beef and chemicals in a move that sent global markets lower. Beijing ...
The American consumer returned in force to automobile showrooms in March, lifting an industry that had been plodding along in a post-sales boom hangover. The biggest players in the North American market reported gains Tuesday — some eye popping — compared to March 2017. General Motors ...
Nissan to re-enter Pakistan by producing Datsuns in local tie-up
Nissan Motor Co. said Wednesday it will re-enter the Pakistani market in 2020 with a local version of its low-cost Datsun brand vehicles under a tie-up with a local partner. Ghandhara Nissan Ltd., a Bibojee Group company, plans to invest some $41 million over the ...
Dow surges 669 to claw back lost ground amid news that China and U.S. may work to avert trade war
News that the U.S. and China are open to negotiating to avert a trade war put investors in a buying mood Monday, giving the market its best day in more than two years and erasing about half of its huge losses last week. Technology companies ...
Self-driving cars will rarely have to deal with a pack of drivers who think they are in a "Fast and Furious" movie, but training them to do so might just be what it takes to reach true autonomy. Nonetheless, sending driverless vehicles drifting around curves ...
U.S. regulators probe South Korean automakers Hyundai and Kia over crash fatalities and injuries
Safety regulators in the U.S. are investigating air bags in certain Hyundai and Kia vehicles that failed to deploy in frontal collisions linked to four deaths and six injuries. As many as 425,000 automobiles made by the South Korean manufacturers may be affected, according to ...
Japan's top auto and energy firms tie up to promote development of hydrogen stations
The consortium of 11 companies plans to build 80 hydrogen stations nationwide as the government’s initiative to create a hydrogen-based economy revs up.
Mitsubishi Motors ties up with Indonesian government on electric vehicle program
Mitsubishi Motors Corp. has kicked off a series of joint studies together with the Indonesian government on the use of electric vehicles to help the country reduce exhaust emissions and develop a greener environment — starting with the donation of 10 electric vehicles. Speaking at ...
Toyota's only female executive says her mission has always been to 'speak her mind'
Chika Kako is a rarity in Toyota Motor Corp.'s upper echelons. Last month, the 50-year-old was promoted to the No. 2 job at the luxury Lexus division, becoming the only woman among the automaker's top 53 managers. President Akio Toyoda has made diversifying his executive ...
Japan's top six automakers scored record-high global unit sales in 2017
Japan's top six automakers logged record-high sales volumes in 2017 thanks to a buoyant global economy and robust sales in China, data from the companies disclosed by Friday show. Toyota Motor Corp. was at the top with record global sales of 9.38 million vehicles in ...
