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: Asia
CEOs and senior execs going on shopping runs to Staples may soon be able to leave their MKTs at the parking garage when the Chinese-made Volvo S60L arrives next year.
While the Chinese have Buick’s latest crossover, the Envision, to themselves for now, a plan is in the works to bring it over to the United States by Q3 2015 at the earliest.
BMW has teamed up with the Google of China, Baidu, to begin work on automated driving trials in Beijing and Shanghai.
Can you imagine one day visiting a Mazda showroom to buy a new RX-7 and finding anything but a rotary engine under the hood? Neither can global design chief — and RX-8 designer — Ikuo Maeda.
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.
Due to a Gangnam-style real estate deal in the Gangnam district of Seoul, South Korea, workers at Hyundai and Kia have gone on partial strike for the next few days.
If one were so inclined to visit Macau for a bit of gambling, they could hitch a ride to their hotel through one of the many cabs running throughout the city. However, those who will stay at entrepreneur Stephen Hung’s Louis XIII hotel upon its opening in 2016 will be able to paint the town red in a red Rolls-Royce.
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.
After 3.1 million miles of pilot testing, Dongfeng Nissan last week launched its version of the Leaf for the Chinese EV market, the Venucia e30.
While Toyota and the administration of Japan Prime Minister Shinzo Abe are going all in on hydrogen, Volkswagen Group Japan President Shigeru Shoji proclaims FCVs will struggle to make headway elsewhere.
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.
Just like the player character after dying several times in the “Dark Souls” series, Japan may find itself hollowing out as a result of the country’s declining auto market.
Forty years ago, the North Koreans and the Swedes entered into an agreement where the latter’s socialist and industrialist interests aimed to bring recognition to the former’s regime while filling its pockets from the country’s mining industry. Part of this agreement included 1,000 Volvo 144 GLs, which were meant to be paid in copper and zinc.
But that was 40 years ago.
Though General Motors is finding big success in China among its brands, the automaker is still a bit player in Japan, and not because of so-called nontariff hurdles.
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