The two Japanese companies were to form the world's largest car brand by sales.

The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.

Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai ...

Lexus RZ in Malaysia Toyota has announced that it will be signing a comprehensive partnership agreement with the Shanghai ...

Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.

Melexis, Belgium's largest semiconductor supplier, said on Wednesday that it expected lower margin and sales in the first half of 2025, as inventory corrections by its automotive customers continue ...

Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the ...

Nissan's board is set to review its merger talks with Honda amid rising disagreements, putting the potential tie-up in ...

As the spring begins for 2025, China's IC industry has seen a major injection of funding. Wuxi SJ Semiconductor has closed a ...

Nissan's board is due to soon meet to discuss calling off the talks after Honda sounded it out about becoming a subsidiary, one of the people said, adding that such an arrangement was a departure from ...

Honda, Japan's second-largest carmaker, and Nissan, the third-largest, had announced last year that they were in talks to merge, which would have marked a significant shift in an industry.

Honda, with a market value nearly five times bigger than Nissan, is increasingly worried about its smaller rival’s progress in its turnaround plan, said the other person. Japan’s Asahi Shimbun ...