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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...

 Volvo Car's sales up 8% in March

Volvo Car's sales up 8% in March

April 05, 2023 05:57 PM AEST | By Reuters

COPENHAGEN (Reuters) - Sweden-based Volvo Car AB said on Wednesday its sales increased by 8% year-on-year in March to 63,132 cars, helped mainly by th...

 Volvo Car's sales up 10% in March

Volvo Car's sales up 10% in March

April 05, 2023 05:22 PM AEST | By Reuters

COPENHAGEN (Reuters) - Sweden-based Volvo Car AB said on Wednesday its sales increased by 10% year-on-year in March to 162,938 cars, helped mainly by...

 EU car data access rules in progress but no timeline

EU car data access rules in progress but no timeline

April 04, 2023 02:46 AM AEST | By Reuters

By Foo Yun Chee BRUSSELS (Reuters) - The European Commission is working on rules to ensure fair access to valuable car data for companies and industry...

 French car parts maker Faurecia opens $147 million plant in Mexico

French car parts maker Faurecia opens $147 million plant in Mexico

March 31, 2023 01:42 PM AEDT | By Reuters

MEXICO CITY (Reuters) - French car parts maker Faurecia opened a $147 million plant in Mexico to make car seats and interiors, the company said on Thu...

 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-...

 Euro 7 emissions proposals, the sequel Europe's carmakers don't want to see

Euro 7 emissions proposals, the sequel Europe's carmakers don't want...

March 28, 2023 04:04 PM AEDT | By Reuters

By Christina Amann and Marie Mannes BERLIN/STOCKHOLM (Reuters) - European carmakers are fighting back against proposed emission regulations they argue...

 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...

 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...

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