BYD claims the factory will supply the domestic market and is not a backdoor route into the American motor sector
The plan comes as no surprise considering US officials, such as Commerce Secretary Gina Raimondo, have said Chinese tech presents national security risks
Concerns over governance and the board's independence have fuelled unrest against Toyoda, and any big drop in his shareholder support could spur action on reforms
Japanese officials have ordered Toyota, Mazda and Yamaha to suspend shipments of some vehicles for submitting incorrect or manipulated safety test data
Interest in local Chinese partnerships comes at a time when foreign carmakers are quickly losing share in the world’s biggest car market
VW has said it is reviewing “the future direction of business" in Xinjiang, where a test track was constructed for the German carmaker, allegedly using forced labour
The departures are among the most drastic changes Daihatsu has made so far after revealing last year it had rigged side-collision safety tests for 88,000 small cars
Many automakers have sold their assets in Russia for a nominal fee, but included buyback options that could one day allow them to return
Sources said the catastrophic malfunction happened after an update of the automaker's parts ordering system
April could see a good recovery in sales growth thanks to a low base in the corresponding period last year when China imposed strict Covid-19 lockdowns
Both carmakers gained from a plunge in the yen in October last year, even as a shortage of chips and soaring costs of raw materials squeezed global carmakers
Firms from Hyundai Motor to BYD are set to focus on electric cars, while Maruti Suzuki and Toyota Motor are expected to also showcase hybrid and hydrogen fuel-cell vehicles