Mazda’s R&D head has said the company will keep developing diesel engines, two days after fellow Japanese carmaker Nissan was reported to have dropped the fuel to focus on hybrids and EVs.…
Toyota FS operating income up 18% in year to March
Toyota’s financial services operating income grew 18% in the year ending March, totalling £1.9bn (JPY 283.9bn).…
VW in talks to manage, supply fleet for China’s Didi
The Volkswagen group is in talks to manage and supply part of Chinese ride-hailing company Didi Chuxing’s fleet, it has been reported.…
Volvo’s leasing revenues down by 30% in first quarter
Geely-owned Volvo reported a slowdown in revenue from subscription, leasing and rental business, which decreased 30% year-on-year during the first quarter.…
Renault-Nissan joins Didi alliance in China
The Renault-Nissan-Mitsubishi Alliance has entered a collaboration with Chinese ride-hailer Didi Chuxing to develop mobility and financial services in the country.…