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...GMO, TIC and Toyota Motor all declined to comment....
...The group is also building a plant in Mexico that is expected to come online in 2026....
...Companies including General Motors had raised the SBTi’s opposition to credits in conversations about joining the Energy Transition Accelerator, the US officials had said....
...The new rule is causing a headache for them as there is no effective way to revive sales here,” said Lee Hang-koo at the Jeonbuk Institute of Automotive Convergence Technology, a South Korean research group...
...Among the other groups that announced investments in the state at the government-organised Global Investors Meet on Sunday were South Korean carmaker Hyundai and Indian EV and ride-hailing company Ola....
...Yet in the US, some of the same companies have gravitated towards “right to work” states concentrated in the South....
...China started commercial driverless development in 2013, about five years after groups in the US....
...We are a group of nine, plus our indefatigable South African hosts, Jaco van der Westhuizen and Katja Ratcliffe, and guide, Hannah Basson (responsible, after a long day’s ride at the back of the peloton,...
...The group will maintain its long-term alliance with Renault and Mitsubishi Motors in certain markets such as Europe, south-east Asia and Latin America....
...Vingroup is one such national champion that will enjoy strong government support,” said Peter Mumford, south-east Asia analyst at Eurasia Group....
...In February Karina, the lead singer with the all-female group aespa, became the latest K-popper forced to apologise for her relationship with a male actor after the fans on whom the band so heavily depends...
...The transaction is also the latest in a series of takeovers in the UK motor retail sector where consolidation has meant only Vertu and Caffyns remain....
...Earlier this month, Hyundai Motor terminated an aluminium supply agreement with Indonesia’s Adaro Minerals following a campaign by a climate group backed by K-pop fans that called on the Korean automaker...
...The US overtook China as South Korea’s top export market last year for the first time since the early 2000s, while South Korean companies have been among the largest foreign investors in the US semiconductor...
...“You have all the major players coming in, so sales for EVs are going to increase,” said Ammar Master, director of South Asia automotive with GlobalData....
...Q1, Eni Q1, Ford Motor Company Q1, General Dynamics Q1, Hasbro Q1, Heathrow Q1, Heineken Q1 trading update, Hilton Worldwide Holdings Q1, IBM Q1, Interpublic Q1, Lloyds Banking Group Q1 interim management...
...For Toyota, hybrid sales increased 47 per cent year on year in the December quarter, far outpacing total group sales growth of a tenth. In Asia, the trend is even more pronounced....
...By focusing on sleeker sedans and compact SUVs that consumers can afford, the South Korean group and its sister brand Kia have together overtaken Ford and General Motors to claim second place in US electric...
...A site close to Kruger National Park in South Africa is becoming a testing ground for US attempts to fight China’s global dominance in critical minerals....
...Castore is looking to accelerate its growth in global sport following a wave of sponsorships with elite teams across football, Formula One motor racing, cricket and rugby....
...Hyundai Motor sold its vehicle plant in Chongqing late last year for Rmb1.62bn ($225mn) to downsize its struggling China operations, the South Korean carmaker said on Wednesday....
...However, start-ups, overseas automakers, and Indian business groups are aiming to close the gap....
...California’s decision in August to give fully driverless taxis free run of San Francisco’s streets came despite widespread opposition from city officials and public interest groups....
...The company produced more than 1.7mn cars in fiscal 2022, accounting for about 4 per cent of Toyota group’s sales....
...Suggested reads South Korean chipmakers halt old equipment sales over fears of US backlash (FT) Space One’s Kairos rocket explodes just after lift-off in Japan (Nikkei Asia) Japan chip stocks slump amid...
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