NEWS

Tokyo Plans Big Investment in Hydrogen for Olympic Games

1/20/2015

Tokyo is preparing to invest 45 billion yen ($382 million) to install hydrogen fueling stations and subsidize fuel-cell vehicles ahead of the Olympics in 2020.

Daicel Adds Capacity for Replacement Airbag Inflators

1/20/2015

Daicel Corp. is adding an unspecified amount of capacity to make replacement airbag inflators for defective Takata Corp. units being recalled by at least 10 carmakers.

BMW Expects Short-Term Dip in EV Demand

1/20/2015

Cheap fuel will hurt demand for electric vehicles in at least some countries over the short term, Ian Robertson, head of sales and marketing for BMW AG, tells Bloomberg News.

Saudi Arabia Can Endure Cheap Oil for 8 Years

1/19/2015

A former senior advisor to Saudi Arabia's petroleum minister tells BBC News the country has the financial reserves to cope with at least eight years of low oil prices.

Subaru Delays Plan for Factory in China

1/19/2015

Fuji Heavy Industries Ltd. is temporarily halting plans to open its first Subaru assembly plant in China, even if the government approves its request to launch the venture with Chery Automobile Co.

Nissan Debuts Datsun Mini-MPV in India

1/19/2015

Nissan Motor Co. has introduced the Datsun Go+, a seven-passenger multipurpose vehicle variant of the Go small car it debuted in India last year.

Renault’s Sales Rose 3% Last Year

1/19/2015

Renault SA delivered 2.71 million cars and light trucks last year compared with 2.63 million in 2013.

Japan Ponders Tougher Regulations for Suppliers

1/19/2015

Japan's transport ministry says the Takata Corp. airbag recalls may prompt the agency to strengthen oversight laws for auto suppliers.

VW Workers End 10-Day Strike in Brazil

1/19/2015

Hourly workers at Volkswagen AG's factory in Sao Paulo, Brazil, ended a 10-day walkout on Friday after VW agreed to reinstate 800 laid-off employees, Reuters reports.

Ford Hikes Production in Europe

1/19/2015

Ford Motor Co. is increasing output in Germany to meet demand for four of its models.