(Reuters) — Honda Motor’s Canadian manufacturing arm will invest C$1.38 billion ($1.07 billion) over six years to upgrade its plants in Ontario as the automaker gears up to make its new hybrid SUV for the North American market. The investment would make the facility the biggest plant in the region for the 2023 CR-V Hybrid… Continue reading Honda devotes $1bn to Canada plant upgrades for hybrid SUV
Author: Nikki News Feed
Mitsubishi Motors sells former Pajero plant to Daio Paper
TOKYO — Mitsubishi Motors will sell its shuttered Pajero factory in central Japan to Daio Paper for about 4 billion yen ($34 million), concluding the automaker’s restructuring push while giving the papermaker more capacity to meet demand boosted by the pandemic. Go to Source
SK Innovation to build EV battery plant in Turkey with Ford
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Chinese automaker SAIC pours $43bn into advanced tech: chairman
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Foxconn to enlist 100 Japanese companies in EV drive
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Cars24’s smart pricing puts India’s used car market in fast lane
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Chinese EVs pose a ‘threat,’ Japan’s minicar king Daihatsu says
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KKR-owned Marelli’s lenders give green light to debt workout plan
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Truck maker Hino reveals years of faked emissions data
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Marelli faces pressure to adapt to EV age under debt relief plan
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