News
Hyundai Motor did not exercise option to buy back Russian auto factory
South Korean automaker Hyundai Motor did not exercise a buyback option for its former manufacturing plant in Russia, the company said on…
Tag
Motor
Business
Robotics frenzy drives US$24 billion gain in Hyundai Motor stocks
Its projects help to modernise the company’s image, and its undervalued stock has room to rise further Hyundai Motor Group stocks have…
Celebrity
Shailene Woodley and Ben Foster on Preparing for Their Dialogue-Lite ‘70s Drama ‘Motor City’
If you ask Ben Foster, he was born to play the part of a mustachioed, chest hair-baring gangster in the ‘70s set drama “Motor City.” “We…
Fashion
China’s WM Motor to restart production after government-backed revival plan
Chinese EV makers have faced years-long price wars as they battle intense competition in an overcrowded sector Chinese electric vehicle…
Business
Suzuki Motor to invest US$8 billion in India over next 5 to 6 years
It will increase production, launch new models and defend its market share in the world’s third-largest car market [HANSALPUR, India]…
Business
Dongfeng Motor Group at near eight-year peak on privatisation plan
Regulators in Beijing have recently stepped up scrutiny of the intense competition Shares of Chinese state-owned automaker Dongfeng Motor…
Business
Dongfeng Motor to sell 50% stake in joint venture with Honda
The plan to divest the business highlights how cut-throat the Chinese market has become in its fast-paced shift to electric vehicles…
Business
UK’s FCA proposes £9 billion to £18 billion redress scheme for motor finance claims
Britain’s Financial Conduct Authority (FCA) on Sunday proposed a redress scheme for consumers with motor finance compensation claims…
Business
Japan’s Nidec builds made-in-China EV motor to help Toyota catch rivals
Japan’s Nidec is building an almost totally “made-in-China” electric vehicle (EV) motor to help Toyota Motor compete in the world’s…
Business
Exclusive: Finnish startup raises €25M to put a ‘Donut’ motor in EV wheels
Finnish startup Donut Lab has secured €25mn in seed funding to scale up its in-wheel hub motors for electric land, sea, and air vehicles.…
Business
Maybank downgrades Malaysia’s Tan Chong Motor to ‘sell’ amid widening losses, competition
Maybank Investment Bank has downgraded Malaysia’s Tan Chong Motor (TCM) to “sell”, from “hold” previously, amid widening losses, weak…
Business
Toyota Industries shares set to surge on potential buyout by Toyota Motor
Shares of Toyota Industries were set for their biggest daily jump on record on Monday (Apr 28) after Japanese automaker Toyota said it was…
Business
Hyundai Motor nears GM tie-up deal; sees revenue growth slowing in 2025
SOUTH Korea’s Hyundai Motor said on Thursday (Jan 23) it is in talks with General Motors to supply commercial electric vehicles to its US…
Business
Hyundai Motor Group to invest record 24.3 trillion won in South Korea this year
SOUTH Korea’s Hyundai Motor Group said on Thursday (Jan 9) that it planned to boost domestic investment by 19 per cent to a record high of…
Business
Brussels motor show – Toyota Urban Cruiser world debut
The latest product for the ever-expanding Toyota and Suzuki alliance will premiere at the Brussels Motor Show in January. Looking similar…
Culture
Nissan Motor urges UK to ease EV targets amid weak demand
NISSAN Motor urged the UK government on Wednesday (Nov 20) to ease up its electric vehicle (EV) mandate, which encourages manufacturers to…
Business
UK’s Direct Line to cut 550 jobs amid motor insurance woes
DIRECT Line Insurance Group plans to cut 550 roles or about 5 per cent of its global workforce, the British insurer said on Monday (Nov…
Business
Suzuki Motor unveils battery EV e VITARA in Europe
Suzuki Motor has launched its first mass-produced battery electric vehicle (EV), the e VITARA, marking a key milestone in its entry into…