Reports by JPMorgan Securities Japan detail the industry’s reversal of fortune since the dark days following the Lehman Brothers bankruptcy and subsequent start of the global recession in fall 2008....More
Toyota has been cool toward EV technology, believing fuel-cell vehicles offer a better long-term solution to global warming. But the No.1 hybrid maker nevertheless launched all-electric versions of the Scion iQ and RAV4 in 2012....More
ASEAN members mostly will have abolished tariffs on each other’s products by 2015, as they form a competitive economic region with a single market and production base that is fully integrated into the global economy....More
New-car orders exceeded remaining stock in November, when sales rose 22% from year-ago. As a result, the subsidiary plans to purchase 2,500 more vehicles from Japan that were built after the bankruptcy was announced....More
Detroit Three output jumped 17.3% to 140,487 units, with GM up 30.8% and Chrysler up 26.9%. Ford dipped 3.4% as it ramped up for the all-new Fusion and Lincoln MKZ sedans at its Hermosillo assembly plant....More
Volvo Australia pulled an ad for its V60 wagon after the Advertising Standards Board ruled the commercial should be modified or withdrawn, saying it gave an impression of “reckless speed” and “unsafe driving."...More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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