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.

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 ...

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 ...

Chinese car company Chery has taken control of Nissan’s former assembly plant in Rosslyn, South Africa for an undisclosed sum.

German auto components group Webasto is weighing an initial public offering of its India arm by 2027 that could bring in $400m-$500m.

Honda Motor has announced that it has delayed plans to make local automotive systems manufacturer Astemo Ltd a consolidated subsidiary.

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 ...

BMW Group has finalised a $1.7bn investment in the US, completing the expansion of plant Spartanburg and the construction of plant Woodruff in South Carolina.

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.

Toyota Motor Corporation announced that it has launched the initial phase of a strategic manufacturing alliance with US aviation company Joby Aviation Inc.

Infineon Technologies has completed its acquisition of the non-optical analog/mixed-signal sensor portfolio from ams Osram Group for €570m on a debt-free, cash-free basis.

GM has struck an agreement with Micron Technology to lock in a longer-term supply of memory and storage products.