The Nissan board is hoping to find a successor to Hiroto Saikawa by the end of October.
The automotive manufacturing players in the UK are ready to be patient and wait for a Brexit deal to be done.
Oil prices have recovered some ground boosted by positive news from China’s services sector.
GM trails Ford by about 9,000 union-represented employees and Fiat Chrysler Automobiles NV by roughly 1,200.
The exodus of international brands is forcing factories to offer discounts of 10% to local Chinese companies.
The trade war between China and the US has had a major impact on Apple.
Batteries made by LG Chem will be used initially in Model 3 cars manufactured at Tesla’s plant near Shanghai.
Soaring sales of the Urus SUV, introduced in mid-2018, is helping Lamborghini draw level with Ferrari.
The US president dismisses the automakers who rejected his plan as politically correct.
For the first time in eight years, the Bank of Russia’s total stockpile of cash, gold and other securities is about to surpass Saudi Arabia’s.
The latest outburst comes amid the escalating trade war with China while appearing to edge closer towards a currency war.
AMD’s Epyc chip will have as many as 64 processing cores and is cheaper than anything else on the market.
Dongfeng Motor held talks in recent weeks with potential advisers about ways to monetize part or all of its 12.2% stake in the French carmaker.
Customers in Germany and abroad have turned away from the fuel since Volkswagen's 2015 admission to cheating regulatory emissions tests on 11 million vehicles worldwide.
Mida hopes more manufacturers will take advantage of the automation capital allowance aimed at encouraging automation, especially in labour-intensive factories.
Purchasing manager indexes for Japan, South Korea, Malaysia and Taiwan remain below 50, signalling deeper contractions in factory output.
The US company must also spend US$2 billion in capital expenditure on the plant over the next five years.
Foreign held British car brands have all announced plans for purely electric models.
The land is located close to Maxter’s existing cluster of manufacturing plants, facilitating management control and operational synergies.
Manufacturing in the 19-nation currency bloc has been on a downward trajectory since the start of last year.
South Korean President Moon warns top business leaders of an extended battle with Japan over its export controls on vital manufacturing materials.
Li & Fung's CEO says China’s factories are getting 'urgent and desperate' as worried US retailers accelerate a move out of the country amid heightened trade tensions.
Trade war pushing more Chinese manufacturers of low-tech and low-value goods to relocate.
Economists say there are ways for China to get around the US ban, and that Malaysia should grab the opportunity.