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Nissan to Export China-Developed EVs Globally

Nissan Motor announced on Sunday that it would begin selling electric vehicles (EVs) developed in China, exporting them to global markets. This comes after the Japanese automaker announced that it had entered into a partnership with China's top university, Tsinghua University, to focus on...

Toyota to Sell Entire Stake in Harmonic Drive Systems

Harmonic Drive Systems, a Japanese maker of speed reducers, confirmed that Toyota Motors is set to sell its entire share in the company. Following last week's announcement that Toyota would divest a stake in supplier Denso, this latest development has spurred hopes that Toyota...

EV Sales Hit Record in Q3

Automotive research firm Kelley Blue Book (KBB) reported that electric vehicle (EV) sales in the United States exceeded 313,000 in the third quarter. KBB's parent company Cox Automotive revealed that the EV market share has hit 7.9%; its highest-ever level and a significant rise...

Hyundai and Kia Recall Over 3 Million Vehicles Due to Fire Risk

Hyundai and Kia are in the process of recalling over 3.4 million vehicles in the United States due to a fire risk. Both automakers advised customers to park their vehicles outside due to the potential for engine compartment fires. The vehicles in question include...

U.S. New Vehicle Sales Expected to Rise in September

Cox Automotive reported that new vehicle sales in the U.S. are expected to rise in September compared to the previous year. This comes after the auto research firm confirmed that sales in the current month are on course to hit 1.3 million units; up by...

Ford Motors Offers Wage Increases of Up to 25%

Following an intense wage dispute standoff, Ford Motors has offered Canadian worker's union Unifor wage increases of up to 25% as part of a tentative agreement to bring an end to negotiations. Unifor confirmed that its Ford leadership unanimously voted to support the tentative agreement,...