FCA denies report it will pull Chrysler from Japan

Fiat Chrysler denied it has decided to pull its Chrysler brand out of Japan after the Nikkei reported the automaker was planning to stop selling the cars in the country as early as next year following years of poor sales.


Geely will buy stakes in Malaysia's Proton, U.K. automaker Lotus

Chinese automaker Geely Holding, owner of Volvo, will buy a 49.9 percent stake in struggling Proton from Malaysian conglomerate DRB-Hicom. Geely will also acquire a 51 percent share in U.K. sports car company Lotus from Proton.

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FCA denies report it will pull Chrysler from Japan

Fiat Chrysler denied it has decided to pull its Chrysler brand out of Japan after the Nikkei reported the automaker was planning to stop selling the cars in the country as early as next year following years of poor sales.

India exit puts GM in 'right markets'

GM CEO Mary Barra signaled that GM isn't planning any more major reductions to its geographic profile. Still, she said the company would aggressively pare costs everywhere it can.

Volvo to start XC90 output in India

Volvo will start production of its XC90 flagship SUV in India as part of a drive to double its sales in the country. India's premium market is forecast to grow rapidly in the coming years.

GM will refocus operations in India for exports

GM will stop selling cars in India but doesn't plan to leave the market entirely. It will keep its tech center and refocus production by making one of its two local plants an export-only factory. The other will be sold to China's SAIC Motor.

Japan dreams of a hydrogen society

As home market to two of the three global carmakers selling hydrogen fuel cell vehicles, Japan is understandably optimistic about the outlook for hydrogen-powered cars.

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