Chelsea Truck Company: The car firm made in Chelsea

The King’s Road in west London is overrun with fearsomely expensive boutiques and exclusive restaurants. It has long been the epicentre of London’s fashion elite, a sort of elongated headquarters for the city’s trendsetters. It is a haven for supercar spotters too. Lamborghini Huracáns are part of the furniture along here. But for all of… Continue reading Chelsea Truck Company: The car firm made in Chelsea

BMW says no change in South Carolina expansion plans

SPARTANBURG, S.C. (AP) – BMW says it is sticking with plans to add 1,000 workers in South Carolina, even though the company will start production of a new vehicle in China. BMW and Chinese partner Brilliance Automotive Group Holdings said Monday a joint venture called BMW Brilliance Automotive will increase the number of vehicles made… Continue reading BMW says no change in South Carolina expansion plans

UPDATE 5-Tesla moves first to hike prices in China as trade war hits car makers

BEIJING/SHANGHAI (Reuters) – U.S. carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 percent in China, the first automaker to do so in the world’s top automotive market in response to mounting trade tensions between the countries. The move is the earliest indication of how much higher Chinese… Continue reading UPDATE 5-Tesla moves first to hike prices in China as trade war hits car makers

Singapore regulator challenges Uber-Grab merger

Singapore regulator challenges Uber-Grab merger  Financial Times Uber and Grab clash with Singapore watchdog as it threatens fines and a break-up of their merger  CNBC Uber’s Big Plan to Sell Its Southeast Asia Division May Have Just Fallen Apart  Fortune Singapore proposes fines on Grab, Uber, says merger harms competition  Reuters Grab-Uber merger has reduced competition and increased prices,… Continue reading Singapore regulator challenges Uber-Grab merger

Carmakers’ June sales rise 9.9 pct as demand recovers

SEOUL, July 2 (Yonhap) — The combined sales of South Korea’s five carmakers rose 9.9 percent last month from a year earlier due to increased demand from major markets, corporate data showed Monday. The five automakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor Co. —… Continue reading Carmakers’ June sales rise 9.9 pct as demand recovers

Mazda Joins Toyota in Condemning Trump’s Car-Tariff Plans

LISTEN TO ARTICLE SHARE THIS ARTICLE Mazda Motor Corp. became the latest auto company to condemn the Trump administration’s plans for potential car import tariffs, saying such duties would hit both the industry as well as U.S. consumers. The Japanese manufacturer said it filed comments on the Commerce Department’s investigation into car-related imports on Thursday,… Continue reading Mazda Joins Toyota in Condemning Trump’s Car-Tariff Plans