Even if BMW is denied government help in lowering the i3’s price, the automaker believes the car will succeed because it will be available both as an all-electric vehicle and as an EV with a range extender....More
The New Stage 2016 plan sets ambitious earnings, sales and production goals for fiscal 2016. They include record earnings of ¥135 billion on sales of ¥2.6 trillion, both up more than 40% from fiscal 2012, and more than 1.4 million builds....More
Toyota, which collects sales data for the industry, says last month’s slump reflects high volume from a year ago, when government tax incentives were spurring demand. But it notes the country’s ongoing political unrest may affect sales....More
In addition to Toyota, Subaru and Lexus, Aisin AI supplies Mazda and Mitsubishi in Japan and PSA Peugeot Citroen, General Motors and Lotus overseas. The supplier is developing a new 6-speed transmission for the Porsche 911 sports coupe....More
Renault’s Twin’Z and Twin’Run concepts have been displayed at several events since March 2013, but the successor to the 20-year-old Twingo will be revealed in its production-ready form at next month’s Geneva auto show....More
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