Company Overview and News

 
China slashes auto import tariffs in boost to overseas carmakers

2h japantimes.co.jp
SHANGHAI/BEIJING/TOKYO – China will steeply cut import tariffs for automobiles and car parts, opening up greater access to the world’s largest auto market amid an easing of trade tensions with the United States.

 
Tesla trims up to US$14,000 off Model X in China after tariff cuts

3h channelnewsasia
Tesla Inc has slashed up to US$14,000 off its Model X in China after Beijing announced major tariff cuts for imported automobiles, a potential sales boost for the U.S. firm as the world's largest auto market pivots towards electric cars.

 
Tesla trims up to $14,000 off Model X in China after tariff cuts

3h reuters
BEIJING (Reuters) - Tesla Inc (TSLA.O) has slashed up to $14,000 off its Model X in China after Beijing announced major tariff cuts for imported automobiles, a potential sales boost for the U.S. firm as the world’s largest auto market pivots towards electric cars.

 
Automakers Focus on Made-in-China EVs as Competition Rises

20h zacks
Emissions from gas-guzzling combustion engines have prompted the auto industry to focus more on electric vehicles. Further, government regulations have strengthened the preference for electric vehicles (EVs) over other combustion-engine based vehicles.

 
BMW and Mercedes Say Thank You to Donald Trump - Bloomberg

21h bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
UPDATE 2-China slashes auto import tariffs in boost to BMW, Tesla

2018-05-22 reuters
SHANGHAI/BEIJING (Reuters) - China will steeply cut import tariffs for automobiles and car parts, opening up greater access to the world’s largest auto market amid an easing of trade tensions with the United States.

1
U.S. Senate panel delays vote to approve auto safety chief

2018-05-21 reuters
WASHINGTON (Reuters) - The U.S. Senate Commerce Committee on Monday delayed a vote on the Trump administration’s nominee to be the top auto safety regulator in the face of opposition among Democrats over planned changes to vehicle emissions rules.

 
Gas Guzzlers Set to Fade as China Sparks Surge for Electric Cars

2018-05-21 rigzone
(Bloomberg) -- The century-long dominance of gasoline-engine cars will sputter in coming decades as incentivized Chinese buyers and more-efficient manufacturers combine to put electric vehicles atop the sales leader board.

 
Startup Giftee Inc. teams up with sushi bar operator in Malaysia

2018-05-21 japantimes.co.jp
A Japanese startup has made inroads to the Malaysian market by promoting the giving of e-gifts — a practice it believes is an important way for people to engage in today’s hyper-connected age.

 
Suzuki, Toyota may decide on tie-up by end of 2018-19

2018-05-20 livemint
Mumbai: Japanese auto makers Suzuki Motor Corp. and Toyota Motor Corp. are likely to firm up discussions regarding their partnerships by the end of this fiscal, a top executive at Toyota Kirloskar Motor Pvt. Ltd said.

 
JAMA chief Toyoda calls for getting auto output in Japan back up to 10 million units, reducing auto taxes

2018-05-19 japantimes.co.jp
Japan Automobile Manufacturers Association Chairman Akio Toyoda says Japan needs to get vehicle production back up to 10 million units per year to stay competitive.

 
Tesla Inc Is an Ugly Contrarian Investment | InvestorPlace

2018-05-18 investorplace
Although it is one of the most recognized technology names, Tesla Inc (NASDAQ:TSLA) has been recently making news for the wrong reasons. Primarily, investors are losing confidence that CEO Elon Musk has the right mentality to keep Tesla moving forward. As a result, TSLA stock took a beating.

 
Toyota chief hopes to help Japan auto makers keep tech edge

2018-05-18 nzherald.co.nz
TOKYO (AP) — Toyota Motor Corp. chief Akio Toyoda, tapped to head the Japanese auto industry association, is promising to lead a push among manufacturers to keep a competitive edge in emerging technologies like zero-emission and autonomous driving.

 
Toyota boss Akio Toyoda says automakers, various industrial sectors need to cooperate in order to innovate

2018-05-18 japantimes.co.jp
Automakers need to work harder with companies in other industrial sectors in Japan to promote technological innovations, Toyota Motor Corp. President Akio Toyoda said Thursday.

 
Exclusive: Toyota plans to roll into China's EV market in GAC Motor vehicle

2018-05-18 channelnewsasia
Toyota Motor Corp is taking an unprecedented route to meet China's stringent green car quotas: its showrooms will sell an electric vehicle without the Japanese company's distinctive triple-oval logo.

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