Just how much will Panasonic throw down on the table when it comes time to invest in Tesla’s new Gigafactory near Reno, Nev.? According to CEO Kazuhiro Tsuga, “tens of billions” of yen.
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Category: Alliances
BMW has teamed up with the Google of China, Baidu, to begin work on automated driving trials in Beijing and Shanghai.
Right now, 4,000 2015 Nissan Rogues are on their way from South Korea to North America, supplementing production of the crossover in Smyrna, Tenn. as part of an agreement signed between Renault Group, Nissan and Renault Samsung Motors in 2012.
As Ford prepares to stake its future on an aluminum F-150, Toyota is looking to do the same for at least a single part on its best-selling vehicle.
While Formula 1 fans contend with the new, quieter turbo era — a result of rule changes regarding power for the 2014 season — Chinese Formula 4 fans may be celebrating in the stands next year when Geely-powered competitors roar off the starting line.
Though Toyota and Tesla have, to paraphrase Fleetwood Mac, gone their own way while their RAV4 EV project draws to a close, Tesla CEO Elon Musk says he sees his company working with Toyota in two to three years’ time.
Despite its struggles in its native market — and, perhaps, because of said struggles — Mahindra & Mahindra is seeking to build alliances with a trio of automakers to develop its global presence.
Part of the automobile’s future may be linked to concerns of safety, fuel efficiency and the environment, but connected- and autonomous-vehicle technologies, among other disruptors, look to flip the table on the century-old game as the 21st World Congress on Intelligent Transport Systems gets underway this week in Detroit.
Until the overlords at Google bestow their technocratic utopia of automation to every new vehicle leaving the factory, distracted driving will remain a problem in need of a solution, such as the one General Motors has in mind.
Germany-based rental car company Sixt SE announced its DriveNow car-sharing venture with BMW has exceeded expectations, with profits to match.
In an effort to convince governments that its services are key to making transportation “as reliable as running water,” transportation network company Uber has hired the man who helped Barack Obama become President of the United States in 2008, David Plouffe.
Much like Jaguar Land Rover’s own program, Ford is training military veterans for apprenticeships and entry-level civilian positions in welding in the auto industry and beyond.
Just four years ago, Tesla and Toyota entered into a relationship where the former would supply battery packs for the latter’s RAV4 EV. In turn, Toyota invested $50 million in Tesla, and sold the NUMMI facility — which Toyota once shared with General Motors — for $42 million. Things have changed, in the sage words of Bob Dylan.
Daimler’s partnership with Aston Martin is growing, as the former will supply electric and electronic components to the latter for a 1 percent increase in holdings.
Two years after the Obama administration heralded its free trade deal between the United States and South Korea, the latter’s market remains relatively closed to the former’s exports.
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