Stuff that matters
BEIJING – Nissan Motor’s chief executive 7201.T said on Saturday he planned to launch a number of new vehicles in the growing Chinese market over the next five years, including electrical cars, that could help the struggling Japanese automaker return Read more
BEIJING – Polestar, the performance electric vehicle maker based in Sweden and owned by China’s Geely [GEELY.UL], plans to build its Precept electric sedan in China at a new factory, its CEO said on Saturday. Polestar’s CEO Thomas Ingenlath, who Read more
TOKYO – Mitsubishi Motors Corp 7211.T will seek voluntary retirement from 500 to 600 employees, mostly in management, in Japan from mid-November to cut costs, two sources familiar with the matter told Reuters on Saturday. The auto company is expected Read more
BEIJING – Chongqing Changan Automobile Co 000625.SZ said on Saturday that sales of the Changan Ford F.N joint venture will grow this year. Chairman Zhu Huarong had made the remarks at the Beijing International Automotive Exhibition 2020.
BEIJING – Chinese automaker GAC 601238.SS and Germany’s BMW BMWG.DE expect sales to grow this year in China, the world’s biggest auto market, as consumption revives from COVID-19 lockdowns, officials said on Saturday. Guangzhou-based GAC, which has partnerships with Toyota Read more
BEIJING – Great Wall Motor 601633.SS aims to boost overseas sales this year, an official at China’s top pickup truck maker said on Saturday, helping to ease an overall drop caused by COVID-19. The company plans to sell 70,000 vehicles Read more
FRANKFURT – Daimler’s Dieter Zetsche will not seek to become chairman of the German carmaker’s supervisory board, he told Frankfurter Allgemeine Sonntagszeitung newspaper. Zetsche, 67, a former chief executive of the company which owns the Mercedes-Benz brand, was due to Read more