Exclusive: Under pressure, Hyundai clashes with China partner over suppliers – sources

BEIJING/SEOUL (Reuters) – Hyundai Motor Co (005380.KS) is at loggerheads with its Chinese partner over efforts to cut supplier costs, as they grapple with cut-throat competition and the impact of a stand-off between Beijing and Seoul, four people familiar with...

Toyota chairman says pure electric vehicles are the future — but it won’t be a ‘rapid shift’

Despite the buzz around electric vehicles, the chairman of Japanese car maker Toyota is skeptical that consumers will embrace such cars immediately, given current limitations in battery technology. The remarks by Takeshi Uchiyamada, told to CNBC in an exclusive...