Nissan

Toyota, pressed to innovate, cuts marketing outlays to fuel r&d

Toyota has begun slashing costs, starting with sales and marketing, and shifting resources into research that will help it keep up with new competitors, Reuters reported, citing people familiar with the matter.


Ford says fuel cell venture with Daimler will close

Ford and Daimler are winding down a joint venture to develop fuel cell technology, Ford says, as the companies plan to take their fuel cell technology development in-house.

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