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Nissan to close global HQ, other Japan sites

TOKYO// - Nissan said on Tuesday it will shut its global headquarters in Japan for 16 days through early May to contain the spread of the coronavirus, even though the government has permitted keeping workplaces open to get the economy...

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China launches new low-cost EV dubbed Maple 30x

HANGZHOU// - A joint venture between China’s Geely and Kandi’s Fengsheng Automotive Technology Group has resulted in the birth of a new electric car brand in China named Maple. Price of the brand’s first model, the Maple 30x, starts at...

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Moody’s Outlook For Global Auto Makers In 2020 Negative

Global credit rating agency Moody's Investors Service on Monday said its outlook for the global automotive manufacturers and parts suppliers is negative. In its research report Automotive manufacturers and parts suppliers - Global 2020 Outlook released on Monday, Moody's said: "Our 2020 outlook for...

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