"We have been working for many years now on localisation, vertical integration in India, to enjoy the smart frugality of India," CEO Carlos Tavares said
Nissan's controlling shareholder Renault said in April all options were on the table for separating its EV business, including a possible public listing, as it seeks to catch up with rivals
The investment is set to improve the facilities, equipment and automation procedures in Nissan's facility located in the Mexican state of Aguascalientes
Sales in the world's biggest auto market plunged in March as Covid curbs took their toll and Tesla was among the automakers feeling the pain of limits on production
German auto parts supplier said on Tuesday it has suspended production at two sites in the Chinese cities of Shanghai and Changchun as it follows government policies to contain Covid cases.
Production cuts announced by automakers in the middle of last year also contributed to fewer despatches, the report said
How the auto industry will manage its electric transition will be among the hot topics at the two-week COP26 climate summit hosted by Britain, starting on October 31
It’s not just a shortage of chips that’s forcing companies to cut global production by 7.7 million units this year, new study finds
(ATF) China strives to strengthen self-sufficiency of chips by matchmaking automakers and suppliers and stockpiling chipmaking machines...