Japan’s domestic new vehicle market expanded by 8.6% year-on-year to 426,883 units in June 2026, following a 5% rise to 393,162 units a year earlier.
US battery electric vehicle (BEV) manufacturer Tesla Inc has come under fire in South Korea after its local subsidiary, Tesla Korea, hiked its prices.
Ford has entered into a long-term Strategic Customer Agreement with Micron, becoming the 2nd major US carmaker after GM to secure such an arrangement with the company.
Toyota Motor Corporation announced that it plans to invest an additional US$ 3.6 billion in its San Antonio plant in Texas, US, in the next few years.
Czech billionaire Michal Strnad is in talks to acquire a minority holding in Pirelli & C. from the tyre maker’s biggest shareholder, Bloomberg has reported.
German auto components group Webasto is weighing an initial public offering of its India arm by 2027 that could bring in $400m-$500m.
South Korean automaker Hyundai Motor Group (HMG) announced that it plans to invest KRW 42 trillion (US$ 27.5 billion) in the next ten years to establish an advanced technology development hub in the ...
L-H Battery Company, a US-based joint venture between South Korean battery maker LG Energy Solution and Japanese automaker Honda Motor, has begun mass production of batteries for energy storage ...
Chinese car company Chery has taken control of Nissan’s former assembly plant in Rosslyn, South Africa for an undisclosed sum.
SAIC’s MG brand has announced a new ‘SolidCore Battery’ and says it is the first brand globally to achieve mass production of ‘semi-solid-state batteries’. It claims they offer improved range, faster ...
Honda Motor has announced that it has delayed plans to make local automotive systems manufacturer Astemo Ltd a consolidated subsidiary.
Volkswagen is assessing the closure of four factories in Germany and cuts of as many as 100,000 jobs, in what would amount to the “biggest” restructuring in the global automotive industry.
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