People with knowledge of Toyota Motor’s operations claim that the manufacturer repeatedly halted production at a Mexican factory in February and March. Local labor shortages at…
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Honda Motor Company of Japan predicts a 2.8% increase in operating profit for this fiscal year. It exceeded experts’ projections in the fourth quarter due to…
Beijing – On Thursday, Japanese automakers Nissan Motor (7201.T) and Mazda Motor (7261.T) debuted new models designed specifically for Chinese consumers. This move indicates a renewed…
Tokyo – On Thursday, the Mid Japan Economist daily reported that Toyota Motor (7203.T) has decided to postpone the commencement of its electric vehicle (EV) production…
On Tuesday, Tesla (TSLA.O) announced it would introduce “new models” by early 2025, utilizing its current platforms and production lines. This decision marks a retreat from…
On Wednesday, German automaker BMW celebrated the delivery of its millionth fully electric vehicle, marking a significant milestone for the business. Additionally, the company recorded a…
Chinese automakers and shippers are ordering a record number of car-carrying vessels to support an EV export boom, data revealed. This trend positions China to potentially…
Chinese smartphone maker Xiaomi on Wednesday said it has received more than 100,000 orders for its first car – a sporty electric vehicle called the SU7…
Last week, the electronics manufacturer Xiaomi unveiled its fast electric automobile, generating significant interest. Consequently, Xiaomi’s shares surged by as much as 16% on Tuesday. However,…
On Wednesday, Hyundai Motor Group, based in South Korea, announced that it will hire 80,000 new workers. Additionally, it will invest 68 trillion won ($51 billion)…