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Nissan cuts Kyushu Plant production by one-third due to declining U.S. market
Nissan has decided to cut planned production by a third at its Kyushu plant in southwest Japan this month, reducing...
Toyota targets 3.5 million EV sales with new Kyushu Battery plant for Lexus
Toyota Motor Corporation, the world's leading automaker, is planning to build a new battery plant for electric vehicles (EVs) in...
What Forvia, BYD’s partnership means for Europe’s auto industry
Forvia, the world's seventh-largest car parts supplier, has announced its plan to extend its partnership with Chinese battery specialist and...
Toyota announces $5.16 bn share buyback plan to boost governance
Toyota Motor Corporation announced on Tuesday its plan to initiate a tender offer worth 807 billion yen ($5.16 billion) to...
Xiaomi’s electric vehicle venture sparked by U.S. sanctions
A pivotal decision by the Trump administration to sanction Xiaomi Corp in early 2021 prompted the tech giant to venture...
Thai investigation into BYD EV discounts moves ahead despite cash-back offer
A Thai investigation into discounts from China's BYD will continue, despite a cash-back program from its distributor aimed at addressing...
Yahoo Finance lists countries where pilots earn the most in 2024
A recent survey by Yahoo! Finance revealed that Switzerland, Luxembourg, and the United States offer the highest salaries for pilots....
Germany to abstain from EU vote on China EV tariffs
Germany is set to abstain from an upcoming European Union vote on imposing provisional tariffs on electric vehicles (EVs) imported...
Tesla’s energy business surges in Q2 2024, boosts earnings
Tesla's energy division is on the rise, potentially becoming a major earnings driver for the company. The latest figures reveal...
Stellantis recalls 332,000 vehicles in the U.S. over seat belt sensor issues
Stellantis is recalling 332,000 vehicles in the United States due to a problem with seat belt sensors, the National Highway...
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