5 automakers form hydrogen alliance with energy, transport giants
Toyota, BMW, Daimler, Honda and Hyundai are joining oil and gas giants including Royal Dutch Shell and Total with plans to invest a combined $10.7 billion in hydrogen-related products within five years.
VW delays bid to boost Audi's China sales with SAIC deal
VW Group says it will not produce or sell any Audi cars with SAIC in China until at least 2018, seeking first to strengthen ties with existing Audi partner FAW. A partnership with SAIC, China's largest automaker, could boost Audi's slowing sales as rival Mercedes makes ground in the market.