Takata shortlists Daicel, KKR, Ningbo, others in rescue search, report saysFri, 26, Aug 2016
Takata has shortlisted six or seven companies, including a competitor and private-equity funds, as potential financial investors to bail out the Japanese supplier, people involved in the process told Reuters.
First driverless taxi hits the streets of SingaporeThu, 25, Aug 2016
The first driverless taxi began work today in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district.
NSX returns to Japan as an American hybrid importWed, 24, Aug 2016
The NSX sports car is making a long-awaited homecoming in Japan that underscores the global ambitions of a halo hybrid that must do double duty for the Acura and Honda brands.
Hyundai Motor reaches tentative wage deal with unionThu, 25, Aug 2016
Hyundai Motor reached a tentative wage pact with its South Korean labor union, potentially avoiding more strikes and production losses at its biggest manufacturing base.
Borgward turns to Daimler again to fill top engineering rolesWed, 24, Aug 2016
Borgward, the German brand being revived with Chinese backing, has once again tapped former Daimler executives in its latest round of management hiring.
Ssangyong considers U.S., China as Brexit hits U.K. salesTue, 23, Aug 2016
South Korean automaker Ssangyong Motor Co. will look to markets such as the U.S. and China to make up for an expected decline in shipments to the U.K. following the Brexit referendum.
EV startups are the hot investment in China -- no actual EV neededMon, 22, Aug 2016
How much money is chasing electric vehicle startups in China? Just ask Freeman Shen, Volvo Car Corp.'s former China president.
BAIC to tap old Mercedes platform to develop vehicles, China website saysFri, 19, Aug 2016
China's BAIC Motor won approval from partner Daimler to develop vehicles using an old Mercedes E-class platform, according to a media report, which said the first vehicle based on the technology, a midsize sedan, will hit the domestic market in 2018.
Uber's hard lesson: China is differentMon, 22, Aug 2016
Uber's problematic business model has forced it out of China, not its 9.6 billion yuan ($1.5 billion) cash burn.
South Korea widens emissions probe after VW scandalThu, 18, Aug 2016
South Korea expanded an investigation into the fabrication of emissions and noise-level test results to 23 foreign automakers, including Mercedes and BMW, after fining VW Group $16 million for violations.
Former Volvo exec seeks to raise $1 billion at China EV startupWed, 17, Aug 2016
Freeman Shen, a former top Volvo executive, aims to raise $1 billion in an initial fundraising round for the latest China electric-vehicle startup to enter the green car industry.
VW Group outsells GM to regain top spot in Chinese marketTue, 16, Aug 2016
VW Group outsold GM in July as well as in the first seven months of the year to reclaim its position as China's largest automaker.