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Toyota Motor Corp’s truck-making arm is adding artificial intelligence to large diesel-electric hybrids to improve fuel efficiency, at a time when rivals are focusing on all-battery-powered models in an era of tighter emissions rules. The development comes as the market for trucks and other heavy equipment, as with passenger cars,…

China’s Contemporary Amperex Technology Ltd  said on Tuesday it will receive a 2.8 billion yuan ($419.29 million) prepayment from a long-term contract to supply batteries to BMW Brilliance, a joint venture between Germany’s BMW and Brilliance China Automotive Holdings. As part of the deal, BMW-Brilliance will buy 815 million yuan…

Chinese firms FAW Group, Dongfeng Automobile and Chongqing Changan Automobile have set up a venture to establish a ride-sharing platform, Changan said on Saturday, creating the kind of service pioneered by Uber. “The three major car companies have joined forces to enter the field of shared travel, which provides an…

German carmaker BMW said it was developing its joint venture with China’s Brilliance but did not confirm reports it would raise its stake in BMW Brilliance Automotive (BBA). “We cannot comment in detail on the state of our ongoing discussions with our partner Brilliance at this point in time,” BMW…

Auto sales in China rose 4.8 percent in June from a year earlier to 2.27 million vehicles, an industry association said on Wednesday, as demand remained on the upswing in the face of concerns such as the impact of a Sino-U.S. trade spat. The China Association of Automobile Manufacturers (CAAM)…

Japanese auto component supplier JTEKT is planning to open a new manufacturing facility in India in order to meet the growing demand of steering systems from Suzuki, a top executive said. However, the company hasn't decided on the quantum of investment yet which will be used to build the new…

Tesla Inc Chief Executive Officer Elon Musk on Tuesday landed a deal with Chinese authorities to build a new auto plant in Shanghai, its first factory outside the United States, that would double the size of the electric car maker’s global manufacturing. The deal was announced as Tesla raised prices…

China’s Didi Chuxing signed an agreement with German automotive supplier Continental AG on Tuesday to cooperate in developing internet-connected, electric cars tailor-made for Didi’s ride hailing services. Didi currently uses regular passenger cars for its service, but has said it needs more dedicated “purpose-built” vehicles. These are set to be…

Volkswagen  said its Spanish brand SEAT would return to the Chinese market in 2020/21 as part of an agreement with China’s Anhui Jianghuai Automobile Group to develop electric vehicles. It signed an agreement on the matter with JAC as Chinese Prime Minister Li Keqiang and German Chancellor Angela Merkel met…

Chinese battery maker Contemporary Amperex Technology Ltd  will build its first production site in Europe in Germany, agreeing a major contract with BMW to supply lithium-ion batteries. Europe’s lack of its own production capabilities for the cells that power electric cars has prompted warnings that it could leave its car…

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