NEW DELHI - Car maker Maruti Suzuki has promised investors more clarity on its investment plans after March, a move that goes some way to appeasing shareholders that have fretted over the low returns it earns from a growing cash pile.
- UPDATE 2-Indian carmaker Maruti promises clarity on cash plans
- BMW, Volkswagen join with ChargePoint to build EV fast-charging stations
- Tata Motors targets younger drivers with new Bolt model
- Northrop presses for more U.S. drone exports
- U.S. crude oil pipeline projects: Kinder Morgan acquiring Hiland Crude
TOKYO - Toyota Motor Corp projected a drop in vehicle sales for the year ahead, its first such bearish forecast in at least 15 years, as flagging demand in Japan, Indonesia and other key markets raises the chance that Volkswagen will steal the industry crown.
WASHINGTON - India may buy unmanned aerial vehicles, or drones, from other countries if the United States does not ease current export restrictions on such aircraft, a key Democratic senator said on Friday.
DETROIT - Internet search company Google Inc has begun discussions with most of the world's top automakers and has assembled a team of traditional and nontraditional suppliers to speed efforts to bring self-driving cars to market by 2020, a Google executive said on Wednesday.
SEOUL - Hyundai Motor Co on Tuesday said its chairman and his son failed to sell about $1.25 billion worth of shares in affiliate Hyundai Glovis, complicating succession moves at South Korea's second-biggest family-owned conglomerate.