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 Brazilians offer fresh perks for BYD plant as Ford talks stall -sources

Brazilians offer fresh perks for BYD plant as Ford talks stall -sour...

April 14, 2023 02:13 AM AEST | By Reuters

By Lisandra Paraguassu BRASILIA (Reuters) - Brazilian officials are offering fresh incentives including land for Chinese manufacturer BYD to build an...

 Mexico's automotive production and exports rise in March

Mexico's automotive production and exports rise in March

April 10, 2023 10:15 PM AEST | By Reuters

(Reuters) - Mexican automotive production and exports rose in March from the same month a year earlier, data from the national statistics agency (INEG...

 Foxconn plans $800 million investment in southern Taiwan

Foxconn plans $800 million investment in southern Taiwan

April 09, 2023 04:57 PM AEST | By Reuters

TAIPEI (Reuters) - Foxconn is planning to invest T$25 billion ($820 million) in the next three years in new manufacturing facilities in southern Taiwa...

 Toyota looks to overhaul EV strategy as new CEO takes charge

Toyota looks to overhaul EV strategy as new CEO takes charge

April 06, 2023 09:00 PM AEST | By Reuters

By Norihiko Shirouzu, Joseph White and Maki Shiraki (Reuters) - After making sweeping changes to its leadership team, Japan's Toyota Motor Corp is loo...

 Stellantis' South America arm plans giant investment from 2025

Stellantis' South America arm plans giant investment from 2025

April 01, 2023 05:25 AM AEDT | By Reuters

SAO PAULO (Reuters) - The South American arm of carmaker Stellantis NV is planning a series of large investments starting in 2025, the firm's regional...

 Toyota's global sales notch up a February record as parts shortage eases

Toyota's global sales notch up a February record as parts shortage e...

March 30, 2023 03:33 PM AEDT | By Reuters

TOKYO (Reuters) - Toyota Motor Corp said on Thursday that global sales hit a record for the month of February as it bounced back from severe pandemic-...

 Lula's China trip to promote BYD takeover plan for Brazil Ford factory

Lula's China trip to promote BYD takeover plan for Brazil Ford facto...

March 25, 2023 03:17 AM AEDT | By Reuters

SAO PAULO (Reuters) - Brazilian President Luiz Inacio Lula da Silva heads to China next week with plans to promote Chinese manufacturer BYD's takeover...

 Hyundai Motor America to recall 567,912 vehicles - NHTSA

Hyundai Motor America to recall 567,912 vehicles - NHTSA

March 23, 2023 11:58 PM AEDT | By Reuters

(Reuters) - Hyundai Motor America will recall 567,912 vehicles, as some models equipped with a tow hitch harness could catch fire due to a short circu...

 Mitsubishi Motors to electrify 100% of its fleet by 2035 - Yomiuri

Mitsubishi Motors to electrify 100% of its fleet by 2035 - Yomiuri

March 10, 2023 12:16 PM AEDT | By Reuters

TOKYO (Reuters) - Japanese carmaker Mitsubishi Motors Corp plans to electrify 100% of its fleet by 2035 through active introduction of hybrid and elec...

 Nissan to overhaul electric powertrains for EVs, hybrids in search of cost cuts

Nissan to overhaul electric powertrains for EVs, hybrids in search o...

March 09, 2023 01:10 PM AEDT | By Reuters

YOKOHAMA, Japan (Reuters) - Nissan Motor Co Ltd on Thursday said it will overhaul its approach to powertrains for all-electric and hybrid petrol-elect...

 S&P cuts Nissan credit rating to junk status

S&P cuts Nissan credit rating to junk status

March 07, 2023 09:11 PM AEDT | By Reuters

TOKYO (Reuters) - Nissan Motor Co Ltd's credit rating was cut to junk status by S&P Global Ratings on Tuesday, which said the Japanese automaker's...

 Mexico can't match U.S. incentives for proposed Tesla battery plant, minister says

Mexico can't match U.S. incentives for proposed Tesla battery plant,...

March 04, 2023 02:16 PM AEDT | By Reuters

MEXICO CITY (Reuters) - Mexico would not be able to match the incentives offered under a U.S. act to tame inflation if Tesla Inc builds a battery plan...

 Nissan and Mexican workers agree to 9% raise at Morelos plant, union says

Nissan and Mexican workers agree to 9% raise at Morelos plant, union...

March 04, 2023 10:10 AM AEDT | By Reuters

MEXICO CITY (Reuters) - Labor representatives at a Nissan Motor Co Ltd plant in the central Mexican state of Morelos have reached an agreement with th...

 Toyota's vehicle production up by 8.8% in January, still short of plan

Toyota's vehicle production up by 8.8% in January, still short of pl...

February 27, 2023 03:49 PM AEDT | By Reuters

TOKYO (Reuters) - Toyota Motor Corp boosted global vehicle production by 9% in January, it said on Monday, marking its first increase in three months...

 Indonesia Battery Corp eyes surge in electric scooters sales on incentive plan

Indonesia Battery Corp eyes surge in electric scooters sales on ince...

February 24, 2023 11:18 PM AEDT | By Reuters

By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) - State battery company Indonesia Battery Corporation (IBC) is targeting a local market...

 Valeo targets strong sales growth this year as it bets on car electrification

Valeo targets strong sales growth this year as it bets on car electr...

February 24, 2023 05:40 AM AEDT | By Reuters

(Reuters) - French car parts maker Valeo on Thursday forecast "strong" sales growth this year after its core earnings beat expectations for 2022 despi...

 Toyota to accept full union demand for wage hike for third straight year, Asahi reports

Toyota to accept full union demand for wage hike for third straight...

February 22, 2023 11:37 AM AEDT | By Reuters

TOKYO (Reuters) - Toyota Motor Corp, the world's biggest automaker, is set to accept the union's demand in full for a rise in wages and bonus payments...

 Thailand car production rises in January but local sales drop

Thailand car production rises in January but local sales drop

February 21, 2023 03:27 PM AEDT | By Reuters

BANGKOK (Reuters) - Car production in Thailand rose 4.02% in January from a year earlier to 157,844 units, helped by higher exports, the Federation of...

 EU to propose 90% cut in CO2 emission limits for trucks

EU to propose 90% cut in CO2 emission limits for trucks

February 14, 2023 10:10 PM AEDT | By Reuters

By Kate Abnett BRUSSELS (Reuters) - The European Union will propose on Tuesday tougher CO2 limits for heavy goods vehicles, requiring new trucks to cu...

 Honda reports 22% rise in Q3 operating profit, beating estimates

Honda reports 22% rise in Q3 operating profit, beating estimates

February 10, 2023 05:28 PM AEDT | By Reuters

TOKYO (Reuters) - Japan's Honda Motor Co on Friday posted a better-than-expected 22% rise in third-quarter operating profit, as a weak RBRyen helped o...

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