Asia

FCA Chairman Asks to Meet with Nissan, Mitsubishi

May 30, 2019 at 2:28 PM

Fiat Chrysler Automobiles Chairman John Elkann reportedly has asked to meet with the CEOs of Nissan and Mitsubishi Motors to discuss the proposed merger between FCA and Renault.

Mahindra to Spend $2.5 Billion on Capacity, Products

May 30, 2019 at 12:50 PM

India’s Mahindra & Mahindra Ltd. says it will hike spending 20% to 180 billion rupees ($2.5 billion) through 2022 to expand production, develop new models and create “greener” powertrains.

Nissan Study Suggests Renewed Interest in Sedans

May 30, 2019 at 12:45 PM

Contrary to recent sales trends, four in five Americans who don’t currently own a sedan say they would consider buying one in the future, according to a study commissioned by Nissan Motor Co. 

Nio Plant Venture Lands $1.5 Billion Investment

May 30, 2019 at 11:03 AM

Chinese electric-car startup Nio Inc. is forming a manufacturing joint venture with Beijing E-Town International Investment and Development Co., which is investing 10 billion yuan ($1.5 billion) in the business.

Two Chinese Cities Relax Car Ownership Rules

May 29, 2019 at 5:21 PM

Guangzhou and Shenzhen are loosening rules on new-car purchases and ownership in a bid to help revive China’s stalled car market.

Nissan CEO Sees No Major Problems with Renault-FCA Merger

May 29, 2019 at 3:41 PM

CEO Hiroto Saikawa tells reporters that Nissan detects no “particularly negative” aspect of the proposed merger between Renault and Fiat Chrysler Automobiles.

China Readies 375-mph “Maglev” Train

May 29, 2019 at 2:09 PM

China Railway Rolling Stock Corp. aims to begin production in 2021 of a magnetic levitation train system capable of speeds as high as 600 kph (373 mph).

Fuel Cell Developer Touts Low-Cost, High-Power Design

May 29, 2019 at 11:04 AM

Singapore-based Horizon Fuel Cell Technologies says its patent-pending graphite bipolar plate technology doubles a fuel cell’s power density and cuts material costs 50%.

Hyundai Doubles Up on Electric Bus

May 29, 2019 at 9:59 AM

Hyundai Motor Co. unveiled a double-decker electric bus at this week’s Transport Technology fair in Seoul.

Infiniti Moving HQ Back to Japan in 2020

May 29, 2019 at 9:29 AM

Nissan Motor Co.’s Infiniti unit says it will move its headquarters from Hong Kong, where it has been located for seven years, back to Japan in mid-2020.

Report: Toyota May Invest $549 Million in DiDi Chuxing

May 29, 2019 at 12:56 AM

Toyota Motor Corp. is studying a move to invest some 60 billion yen ($549 million) in DiDi Chuxing, China’s largest ride-hailing service.

VW to Launch “Smart City” Initiative in China

May 28, 2019 at 5:09 PM

Volkswagen AG and Anhui Jianghuai Automobile Group (JAC Motor) have signed an agreement with the government of Hefei, China, to test next-generation vehicle technologies as part of a “smart city” initiative.