Auto Industry

The Board of Fiat Chrysler Automobiles which met under the Chairmanship of John Elkann, has resolved to withdraw with immediate effect its merger proposal made to Groupe Renault.

Mitsubishi Motors Corporation (MMC) has announced that Nissan Motor Co., Ltd. has become its largest shareholder after completing the purchase of 34% of MMC-issued stock for 237 billion JPY (approx US $ 2.28 billion...

Mitsubishi Motors Corporation (MMC) has had to pay for the wrong it had done on the fuel economy tests as it has recorded extraordinary loss in its consolidated and non-consolidated financial results for 2015 fiscal...

Japanese automaker Suzuki Motor Corp. apologised on Wednesday May 18, 2016 for improper road tests that the company had conducted, but denied reports of any cheating on mileage numbers. The Suzuki fuel mileage scand...

Nissan Motor’s move to acquire a 34 pc equity stake in Mitsubishi Motors Corporation (MMC) will lead to a lot of advantages for Nissan as well MMC, besides reducing costs of development and introducing many more veh...

Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, (MMC) have announced that they have signed a Basic Agreement to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC ...

Mitsubishi Motors Corporation (MMC) has admitted that with respect to the fuel consumption testing data submitted to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT), Japan, the company has conduct...