Audi was in negotiationa with partner FAW Group over creating a second JV to build electric vehicles on the PPE platform in China.
Mitsubishi Motors is set to seek voluntary resignation from 500 to 600 employees, mainly in management, in Japan from mid-November to diminish costs.
Chinese electric EV maker Xpeng announced that along with the company's CEO it invested in Xpeng Heitech, the air taxi startup.
The Vietnamese economy is expected to grow 2.8% in 2020 and 6.8% in 2021, a forecast published by the World Bank shows.
The Turkish central bank increased its inflation forecast to 8.9% for 2020 from a previous forecast of 7.4%, a statement published by the Turkish central bank shows.
The Italian public debt will increase to 155.7% of GDP in 2020 from 134.8% of GDP in 2019, a report published by the Bank of Italy shows.
The Spanish economy is expected to contract 10.9% this year, compared to a previous forecast of 9.4%, a statement published by the European Commission shows.
Nepal's tourism industry is likely to lose around $300M amid the coronavirus pandemic, Nepal's Ministry of Culture, Tourism and Civil Aviation reports.
The Brazilian economy is expected to contract 6.5% in 2020, a statement published by the Central Bank of Brazil shows.
The euro area economy faces a historic contraction of 7.75% in 2020 amid the coronavirus pandemic, a statement published by the European Commission shows.
The Asian Development Bank approved a second loan of $170M to support vital capital market reforms in Bangladesh, a statement published by the bank shows.
According to the Nikkei, Japanese largest airline ANA is considering shares issuance worth $1.9B to strengthen its finances.
Zhu Huarong, the Chairman of Chongqing Changan Automobile Co, said on Saturday that sales of its JV, Changan Ford, would be higher in 2020.
According to statistics, China's car sales increased 11.6% last month from a year earlier, thus showing a rise fifth straight month.
Great Wall Motor stated on Saturday that it planned to sell up to 70K vehicles outside China this year, thus boosting its international sales.
The Croatian economy is expected to contract 8% in 2020 and return to growth in 2021, a report published by the Croatian government shows.
Singapore's manufacturing output increased 13.7% in August, compared to the same period the previous year, data published by the Singapore Economic Development Board show.
The credit rating agency S&P affirmed its BBB- sovereign credit rating on India with a stable outlook, a report published by the agency shows.
The number of unemployed in Germany is expected to increase by 440T this year amid the pandemic, data published by the Institute for Employment Research show.
China reached a current account surplus of $110.2B in the second quarter of 2020, data published by the State Administration of Foreign Exchange show.
Deutsche Bank was devising its new hybrid model of staff splitting their work between offices and homes to diminish associated costs.
Harley-Davidson was in talks with India's Hero Moto for a distribution agreement which will allow selling its motorcycles in India after the US firm stops local production.
An agreement between the US and Italy over space exploration is expected to generate around €1B for Italy's space industry, the CEO of Leonardo said.
The Albert Einstein hospital said on Friday that Jair Bolsonaro, the Brazilian President, is in a stable condition after a bladder stone surgery.