January 2, 2020

Hyundai, Kia sales drop to seven-year low on China weakness, forecast better 2020

South Korea’s Hyundai Motor and affiliate Kia Motors turned in their lowest sales in seven years in 2019 as business in China slumped, missing their target […]
January 2, 2020

Ghosn carried spare French passport while out on bail in Japan: NHK

Japanese authorities allowed ousted Nissan boss Carlos Ghosn to carry a spare French passport in a locked case while out on bail, public broadcaster NHK said […]
January 2, 2020

Turkey detains several over Ghosn’s transit through Istanbul: NTV

Turkish police have detained several people after the interior ministry launched a probe into the transit of ousted Nissan boss Carlos Ghosn, who after fleeing Japan […]
January 2, 2020

Germany’s Bosch to offer lower-cost sensors for self-driving cars

German automotive supplier Robert Bosch said Thursday it has developed a sensor that lets cars “see” a three-dimensional view of the road, aiming to lower the […]
January 2, 2020

Oil starts new year higher on trade optimism, Middle East tensions

Oil prices kicked off the new year higher on Thursday as warming trade relations between the United States and China eased demand concerns, while rising tensions […]
January 2, 2020

Xiaomi to invest $7 billion in 5G, AI and IoT over next five years

Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth generation internet technologies over the next five […]
January 2, 2020

Tesla says will deliver second batch of China-made Model 3s on January 7

Tesla Inc will deliver a second batch of China-made Model 3 sedans to customers on Jan. 7 at an event at its Shanghai plant, a representative […]
January 2, 2020

Uber Eats goes local to find its niche in South African food fight

A stone’s throw from Nelson Mandela’s former home in South Africa’s Soweto township, Dumile Badela’s restaurant is now more hectic and lucrative than ever, thanks to […]
January 2, 2020

HSBC kicks off year with Hong Kong branches closed, vandalized

HSBC is being drawn into Hong Kong’s political turmoil with protesters attacking some of its branches and graffiti daubed on the famous pair of lions that […]
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