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In yet another admission by BMW of the failure of its i brand EV initiative, the company has sold its 49 percent stake in SGL Automotive Carbon Fibers in Germany and SGL Automotive Carbon Fibres in the United States. Those two joint ventures supported the i3 and i8 models, but BMW will now apparently turn to a less […]
Fiat Chrysler’s and Guangzhou’s joint venture always seemed like a logical starting point for FCA’s post-Marchionne partnerships, but it was always overshadowed by the General Motors courtship, Volkswagen rumors, talk of a Geely deal and, lately, Great Wall’s interest in Jeep. But now GAC is back as the principal contender. Now, Guangzhou’s plan to sell its […]
Mazda’s efforts at course correction, especially in North America, are now focused on what vehicle to produce at a new plant that will be jointly operated with Toyota. CEO Masamichi Kogai has made it known that Mazda will fit an all-new SUV into its lineup along the CX3, CX5 and CX9. This follows some new technology tricks, […]
Toyota’s calling for cost cuts at its Georgetown, Kentucky complex to retain a lock on Camry production — could be another indication of Akio Toyoda’s ongoing effort to instill a sense of unease and even trauma inside his family’s company. But Toyota insiders say it is really part and parcel of the company’s effort to […]