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 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...

 Toyota's St Petersburg plant handed over to Russian state

Toyota's St Petersburg plant handed over to Russian state

March 31, 2023 09:00 PM AEDT | By Reuters

MOSCOW (Reuters) - Russia said on Friday Japanese carmaker Toyota's factory in St Petersburg had been handed over to state entity NAMI, snapping up mo...

 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-...

 Russians reluctantly embrace Chinese cars after Western brands depart

Russians reluctantly embrace Chinese cars after Western brands depar...

March 25, 2023 12:50 AM AEDT | By Reuters

By Gleb Stolyarov and Roman Churikov MOSCOW (Reuters) - As the exodus of Western carmakers narrows options for Russian consumers, Chinese automakers a...

 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...

 Russian court freezes Volkswagen assets in Russia

Russian court freezes Volkswagen assets in Russia

March 20, 2023 09:36 PM AEDT | By Reuters

By Gleb Stolyarov (Reuters) - A Russian court on Monday froze all Volkswagen assets in Russia, in the latest obstacle to the German carmaker's year-lo...

 Russian court freezes all Volkswagen assets in Russia

Russian court freezes all Volkswagen assets in Russia

March 20, 2023 06:25 PM AEDT | By Reuters

MOSCOW (Reuters) - A Russian court on Monday froze all Volkswagen assets in Russia, court documents seen by Reuters showed. Volkswagen was one of a st...

 Russia's Avtovaz aims to almost double car sales in 2023

Russia's Avtovaz aims to almost double car sales in 2023

March 16, 2023 11:40 PM AEDT | By Reuters

(Reuters) - Russia's top carmaker Avtovaz said on Thursday it plans to sell at least 370,000 vehicles this year, the TASS news agency reported - almos...

 VW's Skoda in final stages of deal to sell Russian assets, says CEO

VW's Skoda in final stages of deal to sell Russian assets, says CEO

March 16, 2023 08:40 PM AEDT | By Reuters

PRAGUE (Reuters) - Czech carmaker Skoda Auto, part of the Volkswagen Group, is in the final stages of a deal to sell its assets in Russia, chief execu...

 Volkswagen hopes to finalise sales process for Russia plant soon - brand chief

Volkswagen hopes to finalise sales process for Russia plant soon - b...

March 15, 2023 11:51 PM AEDT | By Reuters

(Reuters) - Volkswagen brand chief Thomas Schaefer said the carmaker hoped to finalise the sales process for its plant in Kaluga, Russia soon, though...

 Hyundai Motor says various options are under review for Russia plant

Hyundai Motor says various options are under review for Russia plant

March 10, 2023 02:49 PM AEDT | By Reuters

SEOUL (Reuters) - Hyundai Motor is reviewing "various options" to deal with its Russia plant but no details have been decided yet, the automaker said...

 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...

 Russia's Avilon to buy Volkswagen's Kaluga factory - RBC news site

Russia's Avilon to buy Volkswagen's Kaluga factory - RBC news site

March 01, 2023 08:13 PM AEDT | By Reuters

(Reuters) - Russia's Avilon autodealer group is to buy Volkswagen's last Russian factory at Kaluga, business news site RBC reported on Wednesday, citi...

 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...

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