Demand in most profitable market almost at 2019 level but brand expects slower revival in Europe Go to Source
Author: Financial_Times Reporting
Co-founder of Chinese carmaker Qoros sells half his stake
Idan Ofer’s Kenon offloads shares to majority owner Baoneng in $237m deal Go to Source
Bosch warns of ‘significantly’ steep recession for auto industry
Volkswagen and Daimler report billions of dollars in lost profits due to impact of coronavirus Go to Source
Chinese carmakers move into Myanmar to battle Japanese rivals
Soueast Motor and GAC take advantage of rules favouring locally made vehicles Go to Source
Renault close to sealing state-backed loan as it burns through cash
French carmaker on verge of securing multibillion-euro credit line from government Go to Source
Nissan to reopen part of Sunderland plant this week for safety tests
Japanese group’s Barcelona factory to restart production in May following shutdown Go to Source
Daimler and Volvo team up to create €1.2bn fuel cell company
Joint venture aims to bring hydrogen-powered trucks to market in second half of the decade Go to Source
Aston Martin chairman seeks to restart operations
Canadian billionaire Stroll aims to reset business following £560m fundraising Go to Source
Toyota, Renault and VW to reopen European plants
Some car factories to resume production after last month’s industry-wide shutdown Go to Source
Trump rolls back US fuel economy standards
Regulation will allow vehicle makers to average 40 mpg across product lines by 2026 Go to Source