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Japan: Tokyo gets $385 million investment in hydrogen in preparation of 2020 Olympics


The country’s capital is planning a massive investment plan, worth 45.2 billion yen ($385 million), to be spent on fuel-cell vehicle subsidies and hydrogen refilling stations that would be ready in time for the 2020 Olympics. The plan is also an integral part of the broader strategy to cut Japan’s reliance on nuclear power devised by the cabinet of Prime Minister ...
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China: Renault has bold strategy to increase deliveries
The French carmaker Renault SA has planned "massive investments" in China, the world’s largest auto market, as it tries to catch up to rivals here in preparation for the first ...
Auto parts suppliers taking in the costs of greater safety
Most likely, 2014 will go down in history as the year of the recall, with over 60 million autos called back into service for safety campaigns in the United States ...
Cadillac and Lincoln vie a return to former glory
The two US domestic luxury brands, Cadillac and Lincoln share some traits entering into 2015: they have lagging sales – a failure they intend to amend thanks to new chiefs, ...
Russia: all automakers loose, none is leaving
The country’s shrinking economy, deep currency troubles and political tensions surrounding the situation in Ukraine have led to a deep auto sales slump. And global automakers are the ones taking the ...
Could you see Aston Martin without James Bond?
The British luxury sports car manufacturer just unveiled – together with the cast of the next James Bond movie – their newest model – the 10-unit limited series DB10. And, just ...
US: Lincoln pursues younger, affluent buyers with premium services and options
Ford is again rejuvenating the ailing luxury brand Lincoln, pouring billions of dollars into its development and turning it hip with ads that star actor Matthew McConaughey or luring younger, ...
Ford in doubt about South African investments
According to Jeff Nemeth, Ford’s regional chief in the country, the company is considering whether to further invest in its South African business as the local operations are disrupted repeatedly ...
Automakers still confident in Brazil, but Mexico has the upper hand
Brazil is now faced with three years of declining sales and with voices in the industry claiming that unused production capacity could be above 50% in 2015. Still, automakers are ...
Report – Audi planning on cost reduction plan hike
According to sources that have knowledge of the company’s plans, Audi wants to offset increased technology spending with a cost reduction strategy that would see savings of up to 2 ...

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