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Soon to be a decade old, a tiny Kia is now way more appealing than many new cars.
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The industry’s upbeat recent results are also not simply a product of discounting on the part of either automakers or dealers.
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The latest industrial action will bring the automaker’s production loss to 62,000 vehicles since July.
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Combines a communications module and up to twelve antennas into a single unit for lower weight and cost.
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The new capital will support development of Also's autonomous vehicle platform.
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The agreement marks a shift for the two companies from a supply-demand relationship to “collaborative ecosystem” building across the industry chain.
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The approval follows an announcement made in April that Seres would become an equal shareholder in Ionchi, joining BMW and Mercedes-Benz, with each of the three companies holding a 33.3% stake in the joint venture.
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The reduced stake now matches the 25% equity holding of Toyota Motor, completing the ownership structure envisaged following the business integration of Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hino Motors.
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Distribution agreement signed with David Pieris Holdings.
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More fast-charging stations to be installed on major highway corridors across the country.
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