Beijing is stating rather bluntly that resetting ties with Taiwan has an economic cost attached. In a tit-for-tat move, Beijing’s China Daily newspaper has quoted a senior state planning official as saying the country will soon slap a penalty on… Read More ›
General Motors
Ford Motor to raise $2.8 billion to fund its foray into EVs and self-driving technology
At the same time, Ford Motor is also trying to catch up with General Motor by boosting the production and sale of its large SUVs. According to a filing with the U.S. SEC, Ford Motor Co is set to raise… Read More ›
Panasonic in acquisition talks with LED manufacturer ZKW to expand its footprint in the auto industry
Japan’s Nikkei has reported the deal citing an anonymous source. Although it’s too early to confirm the deal, if it goes through, which could be as early as the end of this month, it will further consolidate Panasonic’s involvement in… Read More ›