Industry Developments

US carmaker Ford has outlined plans aimed at making up lost ground in the Philippines, where the company has recently been overtaken in volume sales terms by South Korea's Hyundai.... 2008-05-22

South Korea's Daewoo Motor Sales has announced plans to commission vehicles imported from Chinese manufacturers within the next two to three years. Daewoo Motor Sales CEO Lee Dong-ho... 2008-05-21

German premium carmaker Mercedes plans to capitalise on the economic growth that has fuelled the luxury car segment in India, with a new sales target of 3,000 units in 2008. Mercedes... 2008-05-20

Japanese carmaker Nissan Motor and electronic specialist NEC Corp have revealed details of their partnership aimed at producing battery packs for electric vehicles. The partners will... 2008-05-19

China's Chery has shipped the first batch of vehicles to Argentina from its joint venture with Oferol of Uruguay and Argentina's Socma. Chery has a majority stake in Chery-Socma Uruguay,... 2008-05-16

Japan's Toyota has announced that growing demand for its vehicles in China has led to the expansion of one of the plants owned by the company's joint venture with First Automotive... 2008-05-15

Indian motorcycle manufacturer Bajaj Auto and the Renault-Nissan alliance have formalised a joint venture to produce a budget small car to rival Tata's Nano. Bajaj will own a 50%... 2008-05-13

Italian carmaker Fiat is planning its Chinese strategy after ending its partnership with domestic carmaker Nanjing Automobile Group and in doing so, losing its production facilities.... 2008-05-09

Thailand's Industry Minister Suwit Khunkitti has announced that Japanese carmaker Honda will build a regional research and development (R&D) centre in Thailand for its Asia and... 2008-05-08

Kaliningrad-based carmaker Avtotor dropped production of Chery models from March and a new car plant has been scrapped in a major setback for Chinese attempts to break into the rapidly... 2008-05-07