With its decision to end auto production in the U.S., where Detroit’s Big Three and global giants dominate, Mitsubishi Motors Corp. has become the latest second-tier car maker to shift its focus away from crowded, mature markets to smaller emerging economies…
Shares in Perth-based Vmoto have closed higher after the company announced it has inked a distribution deal for its electric scooters in Vietnam. Vmoto said it has signed an exclusive distribution agreement with green vehicle supplier Euro Ebike Company. The…
Bridgestone Corp. plans to establish a joint venture company to produce anti-vibration rubber products for automotive vehicles in Indonesia. The agreement was concluded on July 2 with PT Astra Otoparts Tbk, which manufactures and sells automotive parts in…
Ford Motor Co. F sold 91,013 vehicles in China in May 2015. This reflects a 4% year-over-year increase from 87,887 units sold in May 2014. Sales of Ford in the world’s largest automobile market totaled 459,982 units in the first five months of 2015, up 1%…
Honda Thailand’s BR-V prototype, a new-generation CUV, will make its world premiere at the upcoming Gaikindo Indonesian International Auto Show. The BR-V (Bold Runabout Vehicle), on display at the Aug. 20-30 event in Tangerang, Indonesia, features a solid…
Honda, the Japanese automaker, yesterday released the design sketches of the much-awaited compact SUV. Based on the Brio platform, the prototype of the crossover will be premiered at the 2015 Indonesian International Auto Show in August. If reports are to be…
Automobile manufacturers and importers in Vietnam have protested a new proposal from the Ministry of Finance which seeks to change how luxury tax on cars is calculated. Under the ministry’s plan, the special consumption tax on all vehicles with fewer than 24…
The population of pseudo SUVs has risen over the past few years. While Fiat, Volkswagen and Toyota have reworked hatchbacks of their own, Hyundai played their cards right by launching the i20 Active around the time waiting periods for the Elite i20 started…
Zero Motorcycle , a US electric motorcycle manufacturer, introduced its zero emission two wheeler to Indonesia on Friday. Garansindo Technologies, the authorized distributor for the manufacturer in Indonesia, will be selling four Zero models, including road…
Jaguar Land Rover became the latest casualty of a slowdown in Chinese auto demand, reporting its steepest drop in quarterly profit in two years after retail deliveries slumped in the world’s largest vehicle market. Profit fell 33 percent to 302 million pounds…
Thailand’s Government has confirmed that it is planning to change the way excise tax is calculated on imported vehicles as part of a wider plan to modernize Thailand’s excise tax system and increase tax revenues. Somchai Poolsawasdi, Director General of the…
Japanese carmaker Datsun, which has just returned to Indonesia after its last appearance in the 80s, has recorded a staggering sales figure in the country through the sales of their low-cost green cars the Go Plus Panca and the Go Panca models. Datsun sold…
British automotive firm Jaguar Land Rover formally opened its showroom in Arteri Pondok Indah to offer its buyer with one-stop answer showroom. The six-story showroom, which the carmaker claims to be its largest in Southeast Asia, is constructed on a…
Tesla Motors reported a wider first-quarter net loss on Wednesday, but outperformed expectations and stuck to key milestones for the year ahead, despite pressure on margins. Chief executive officer Elon Musk said during a conference call that demand for the…
US serial investor Warren Buffett has bought niche German motorcycle and accessories retailer Detlev Louis Motorradvertriebs. Buffett’s Berkshire Hathaway will pay €400 million for the Hamburg-based retailer which trades under the Louis brand. It employs 1500…
Car Maker brought much of its technology in-house to make custom software; selling trucks online Lees ook: Foreign retail companies rushing into tap China retail market
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