BMW to buy cobalt direct from Australia, Morocco for EV batteries
Andreas Wendt, BMW board member responsible for procurement, said the new supply of cobalt would be used in the carmaker’s next generation of EVs in 2020.
JLR leans on U.S. amid China slump, Brexit turmoil
The automaker is betting on continued demand for utilities to maintain U.S. growth, even as the automaker faces headwinds in the U.K. and in China.
Nissan profit to drop below Renault's for first time in decade
Nissan is on track to miss its full-year profit goal, earning less than alliance partner Renault for the first time in a decade and underscoring challenges being faced in post-Carlos Ghosn future.
Hyundai returns to earnings growth as U.S. sales offset China slump
Hyundai increased its profit for the first time in six quarters, helped by strong demand for SUVs and decreasing incentive spending in the U.S.
Hyundai promotes China designer to global role in Seoul
Simon Loasby takes over as head of the styling group at the Hyundai Design Center.