maker

Retail Asia29/03/2022

Chinese electric vehicle (EV) manufacturer Nio said on Monday that it had no intentions to raise prices in the short term, but that it would be flexible on its decision making given evolving circumstances. Nio said in a statement that raw material prices and chip supply and demand were causing large changes to supply chain […]

Retail Asia24/01/2022

Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-generation vehicles, Luminar’s founder said. Luminar shares surged 18% at $15.89 on Thursday. Luminar said Mercedes-Benz will have 1.5 million shares in Luminar, which will vest over time when certain milestones are met. Vehicle […]

Retail Asia22/03/2021

Toyota, Nissan, Honda and other Japanese automakers scrambled on Monday to assess the production impact of a fire at a Renesas Electronics automotive chip plant that could aggravate a global semiconductor shortage. “We are gathering information and trying to see if this will affect us or not,” a Honda spokesman said. Other car makers including […]

Retail Asia04/01/2021

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Famous car designer and the Chairman and CEO of Fisker Inc., Henrik Fisker, recently confirmed that its next product could be a lifestyle EV truck. He is known for some of the iconic cars such as BMW Z8, Aston Martin DB9, Aston Martin V8 Vantage, and Fisker Karma. Fisker confirmed this development through his official […]

Retail Asia30/12/2019

Chinese automakers Great Wall Motor and Changan Automobile are accelerating plans to build cars in India after the initial success of rival SAIC Motor in one of the world’s biggest markets, three sources said. Great Wall, one of the biggest sellers of sports-utility vehicles (SUV) in China, expects to secure a production site in the […]

Retail Asia20/08/2019

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Slumping sales of cars and motorcycles are triggering massive job cuts in India’s auto sector, with many companies forced to shut down factories for days and axe shifts, multiple sources said. The cull has been so extensive that one senior industry source told Reuters that initial estimates suggest that automakers, parts manufacturers and dealers have […]

Retail Asia01/12/2016

Chinese photo app and mobile phone maker Meitu Inc is set to launch an up to $735 million initial public offering in Hong Kong, IFR reported on Monday, citing people close to the deal. Meitu, better known for its apps that let users retouch and beautify selfies and other photos, is offering shares in an […]

Tag: maker

China EV Maker Nio Says It Has No Plans To Raise Prices In Short Term

Self-Driving Sensor Maker Luminar Shares Rally On Mercedes-Benz Tie-Up

Japan Car Makers Scramble To Assess Impact Of Renesas Auto Chip-Plant Fire

Henrik Fisker Drops Hint On Next EV From The Automaker

China Carmakers Getting Ready To Build More, Much More, In India

Tens Of Thousands Losing Jobs As India’s Auto Crisis

Meitu’s Hong Kong IPO to value China photo app maker at up to $4.5 billion