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Ford Motor Company (NYSE: F) has confirmed that it's forming a joint venture with Indian automaker Mahindra & Mahindra Ltd. (OTC: MAHMF) that will take over much of Ford's struggling business in India. The new joint venture will be valued at $275 million, far below the rough...
Welcome to the August 2019 edition of Electric Vehicle company news. August saw July global electric car sales up just 3% YoY, pulled down by the post subsidy slump in China. Put in context China's July slump of 7% is probably just a one off, and EV sales should start to recover in the s...
Toyota (NYSE: TM ) and Suzuki Motor ( OTCPK:SZKMF ) will take small equity stakes in each other in order to share costs on developing new technologies. More news on: Toyota Motor Corporation, Suzuki Motor Corporation, Consumer stocks news, Global news and forex, Merger & acquisition ...
Welcome to the July 2019 edition of Electric Vehicle [EV] company news. As usual there was an enormous amount of news and developments in the EV sector, even some e-plane news, and a near record global sales month for June. July saw June electric car sales up 67% YoY, with Tesla Model 3 and ...
Welcome to the June 2019 edition of Electric Vehicle company news. June saw a slowdown in May EV sales, but still a positive 12% growth YoY, mostly caused by a slowdown in China EV sales. Given the trade war and the negative growth in conventional car sales the result is not too bad. As far ...
Welcome to the June 2019 edition of Electric Vehicle company news. June saw a slowdown in May EV sales, but still a positive 12% growth YoY, mostly caused by a slowdown in China EV sales. Given the trade war and the negative growth in conventional car sales the result is not too bad. As far ...
Domestic auto sales in India fell 21% in May as the industry recorded the worst month of growth in 18 years. More news on: Maruti Suzuki India Ltd ADR, Suzuki Motor Corporation, Tata Motors Limited, Consumer stocks news, Read more ...
Welcome to the May 2019 edition of Electric Vehicle ((EV)) company news. May saw a slight slowdown in the growth rate for April sales, but still a solid result reaching 2.1% global market share. It was a "massive May month" for electric vehicle news - including some electric vertical take-off ...
Automobiles: Carmakers cutting costs to make bigger collaborations/investments to enjoy re-rating The automotive industry is undergoing a period of major changes as restructuring efforts pick up and investments for the future accelerate. On the other hand, in Japan, earnings stability has ...
Welcome to the April 2019 edition of Electric Vehicle company news. April saw a very strong result for March sales reaching 2.8% global market share, a massive volume of news and some new forecasts, and electric cars dominating the Shanghai Motor Show. A key report from Bloomberg came out ...
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Ford Motor Company (NYSE: F) has confirmed that it's forming a joint venture with Indian automaker Mahindra & Mahindra Ltd. (OTC: MAHMF) that will take over much of Ford's struggling business in India. The new joint venture will be valued at $275 million, far below the rough...