Honda supplier to shift production from Wuhan to Philippines

January 30, 2020
Honda Motor 's major car parts supplier Ftech is to move its brake pedal production from Wuhan, China, to the Philippines amid the new coronavirus outbreak. Operations at the Wuhan factory have been suspended and are unlikely to resume soon.

Tesla basks in Shanghai Gigafactory success but will rally last?

January 27, 2020
Just over a week after becoming the first US automaker to hit the $100 billion valuation mark, Tesla will report its fourth-quarter results on Wednesday as investors watch eagerly for signs that the electric vehicle maker can keep its hot streak going.

Global carmaker and luxury brands hit as coronavirus shuts down Wuhan

January 24, 2020
Renault, Honda and Peugeot owner PSA Group are among the global companies that have large manufacturing plants in Wuhan, China, the center of a coronavirus outbreak that has claimed dozens of lives.

Isuzu tackles emerging rivals and R&D costs with Volvo tie-up

December 20, 2019
TOKYO -- Isuzu Motors ' plan to partner with Volvo Group on commercial vehicles is driven by the Japanese truck maker's urgency to compete better against Chinese and Indian players and manage the soaring costs of technology development.

Fiat Chrysler, Peugeot owner reach binding $50bn merger deal

December 18, 2019
Fiat Chrysler and Peugeot maker PSA have reached a binding agreement over their roughly $50 billion merger that will reshape the global car industry.

LG Chem, GM to create $2.3 bn battery joint venture in Ohio

December 6, 2019
South Korean battery maker LG Chem Co. will set up a 2.7 trillion won ($2.27 billion) joint venture in Ohio with General Motors to supply batteries for the auto giant’s next generation of electric vehicles.
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