Mitsubishi Fuso, Isuzu to sell electric trucks in Hong Kong and Thailand

TOKYO — Japanese automakers Isuzu Motors and Mitsubishi Fuso Truck and Bus each seek to establish a foothold in Hong Kong and Southeast Asia’s growing EV markets using electric trucks. Mitsubishi Fuso will export its eCanter small electric trucks to Hong Kong and Singapore after producing them in the Kanagawa prefecture city of Kawasaki, near Tokyo. Hong… Continue reading Mitsubishi Fuso, Isuzu to sell electric trucks in Hong Kong and Thailand

Rane Madras expands global presence with new facility in Aguascalientes, Mexico

Rane Madras, a manufacturer specialising in steering and suspension products, along with light metal casting components, has inaugurated a greenfield facility in Aguascalientes, Mexico. This strategic move, facilitated by its wholly-owned subsidiary, Rane Automotive Components Mexico (RACM), marks the company’s foray into global markets. The facility will focus on manufacturing steering and suspension components for… Continue reading Rane Madras expands global presence with new facility in Aguascalientes, Mexico

Hyundai Calls on Football Fans to Conquer the Weekend in New Viking-Themed Santa Fe Marketing Campaign

“With the all-new Santa Fe, we are bringing joy to every customer journey, whether that is running weekday errands, or going on a weekend family adventure – Hyundai is there for every moment, no matter where their journey takes them,” said Angela Zepeda, chief marketing officer, Hyundai Motor America. “The Santa Fe is all about… Continue reading Hyundai Calls on Football Fans to Conquer the Weekend in New Viking-Themed Santa Fe Marketing Campaign

SMMT – UK Auto makes one million vehicles and welcomes £23.7 billion investment boost

UK vehicle production tops one million units, up 17.0% in best year since 2019. 905,117 cars and 120,357 commercial vehicles made, with record electrified model output. £23.7 billion of private and public investment commitments announced in 2023. UK must now ramp up EV supply chain and deliver return on investments. LONDON, Jan. 25, 2024 /PRNewswire/ — UK… Continue reading SMMT – UK Auto makes one million vehicles and welcomes £23.7 billion investment boost

Japan plans to list Tokyo Metro as stock market hits 34-year peak

Tokyo Metro Co, which operates most of the Japanese capital’s subway system, is set to go public—a major privatisation effort by Japan as it seeks to take advantage of a stock market that has shot to 34-year peaks. The company, which is 53.4% owned by the central government with the rest held by the Tokyo government, will be listed… Continue reading Japan plans to list Tokyo Metro as stock market hits 34-year peak

SMMT – UK Auto makes one million vehicles and welcomes £23.7 billion investment boost

UK vehicle production tops one million units, up 17.0% in best year since 2019. 905,117 cars and 120,357 commercial vehicles made, with record electrified model output. £23.7 billion of private and public investment commitments announced in 2023. UK must now ramp up EV supply chain and deliver return on investments. LONDON, Jan. 25, 2024 /PRNewswire/ — UK… Continue reading SMMT – UK Auto makes one million vehicles and welcomes £23.7 billion investment boost

What is it like to live with an electric car?

After a fair bit of research, I decided the ideal spec was 12 bars, low miles (30,000-40,000), no indication of motorway thrashing, little or no rapid charging and as late a year as possible. A larger (30kWh) battery became available later in 2015 but, on looking around, these cars were scarce and had fewer bars… Continue reading What is it like to live with an electric car?

SMMT – UK Auto makes one million vehicles and welcomes £23.7 billion investment boost

UK vehicle production tops one million units, up 17.0% in best year since 2019. 905,117 cars and 120,357 commercial vehicles made, with record electrified model output. £23.7 billion of private and public investment commitments announced in 2023. UK must now ramp up EV supply chain and deliver return on investments. LONDON, Jan. 25, 2024 /PRNewswire/ — UK… Continue reading SMMT – UK Auto makes one million vehicles and welcomes £23.7 billion investment boost

Cruise reveals DOJ, SEC probes as it releases internal report on pedestrian crash

Cruise, the GM self-driving subsidiary, said Thursday that federal prosecutors and securities regulators have opened investigations into the October 2 incident that left a pedestrian stuck under and then dragged by one of its robotaxis. The probes by the Department of Justice and the Securities and Exchange Commission, which were revealed as part of an… Continue reading Cruise reveals DOJ, SEC probes as it releases internal report on pedestrian crash

Hitachi, NEC seek to raise up to $2.1b through share sale in chipmaker Renesas

Hitachi and NEC Corp are aiming to raise up to $2.1 billion by selling their stakes in chipmaker Renesas Electronics, according to a term sheet seen by Reuters, joining a Japanese restructuring drive that has boosted shares. Investors have welcomed measures to improve capital efficiency at Japanese firms, sending share prices to 34-year highs. Firms have been spurred on by the Tokyo Stock Exchange, which earlier in January… Continue reading Hitachi, NEC seek to raise up to $2.1b through share sale in chipmaker Renesas