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.
Honda Motor has announced that it has delayed plans to make local automotive systems manufacturer Astemo Ltd a consolidated subsidiary.
Global X5 sales have surpassed three million since 1999, with a third of those sold in the US. Credit: BMW Group BMW Group has finalised a $1.7bn investment in the US, completing the expansion of ...
BYD is nearing a decision on whether to acquire an existing car factory in Europe as it seeks to accelerate its expansion in the region.
Japanese automaker Mazda Motor Corporation reported a 5.7% year-on-year increase in global passenger vehicle sales to 101,074 units in May 2026, following a 9% decline to 95,596 units in the same ...
GM has struck an agreement with Micron Technology to lock in a longer-term supply of memory and storage products.
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.
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.
Dr. Stefan Hartung is unexpectedly stepping down from his position as Bosch chairman and CEO of the board of management.
Toyota Motor Corporation announced that it has launched the initial phase of a strategic manufacturing alliance with US aviation company Joby Aviation Inc.