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Amid risk of stalling in EV race, Spain's rebooted aid scheme gets w...
April 11, 2023 04:06 PM AEST | By ReutersBy Joan Faus MADRID (Reuters) - Volkswagen and Renault plan to request funds from a revamped Spanish government scheme aimed at encouraging electric v...
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
April 09, 2023 04:57 PM AEST | By ReutersTAIPEI (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
April 06, 2023 09:00 PM AEST | By ReutersBy Norihiko Shirouzu, Joseph White and Maki Shiraki (Reuters) - After making sweeping changes to its leadership team, Japan's Toyota Motor Corp is loo...
Stellantis sees vehicle loan durations extended amid banking turmoil
April 04, 2023 04:36 PM AEST | By ReutersMILAN (Reuters) - Stellantis is seeing clients seeking longer-term financing and leasing deals for their vehicles as a consequence of higher global in...
Toyota's global sales notch up a February record as parts shortage e...
March 30, 2023 03:33 PM AEDT | By ReutersTOKYO (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-...
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...
VW aims to produce 3 million small EVs cars in 2025-2030 in Spain, S...
March 22, 2023 10:09 PM AEDT | By ReutersBARCELONA (Reuters) - German car maker Volkswagen plans to produce 3 million small electric vehicles in its two plants in Spain between 2025 and 2030,...
Ford to cut 1,100 jobs in Spain - spokesperson
March 10, 2023 09:58 PM AEDT | By ReutersMADRID (Reuters) - U.S. auto maker Ford plans to slash 1,100 jobs at its plant located in Valencia in eastern Spain, a company spokesperson said on Fr...
Mitsubishi Motors to electrify 100% of its fleet by 2035 - Yomiuri
March 10, 2023 12:16 PM AEDT | By ReutersTOKYO (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 o...
March 09, 2023 01:10 PM AEDT | By ReutersYOKOHAMA, 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
March 07, 2023 09:11 PM AEDT | By ReutersTOKYO (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,...
March 04, 2023 02:16 PM AEDT | By ReutersMEXICO 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...
March 04, 2023 10:10 AM AEDT | By ReutersMEXICO CITY (Reuters) - Labor representatives at a Nissan Motor Co Ltd plant in the central Mexican state of Morelos have reached an agreement with th...
US unit of Spain's ACS to build EV battery plant for Panasonic in Ka...
March 02, 2023 08:38 PM AEDT | By ReutersMADRID (Reuters) - A joint venture between the U.S. unit of Spanish engineering group ACS and Philadelphia-based Yates Construction has won a contract...
Toyota's vehicle production up by 8.8% in January, still short of pl...
February 27, 2023 03:49 PM AEDT | By ReutersTOKYO (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 ince...
February 24, 2023 11:18 PM AEDT | By ReutersBy Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) - State battery company Indonesia Battery Corporation (IBC) is targeting a local market...
Toyota to accept full union demand for wage hike for third straight...
February 22, 2023 11:37 AM AEDT | By ReutersTOKYO (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...
Volkswagen to ask Spain for more EU funds as it weighs further EV in...
February 22, 2023 01:59 AM AEDT | By ReutersBy Joan Faus MADRID (Reuters) - Volkswagen will submit a new request to Spain for European Union funds as it weighs up whether to manufacture an addit...
Thailand car production rises in January but local sales drop
February 21, 2023 03:27 PM AEDT | By ReutersBANGKOK (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...
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