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.

US battery electric vehicle (BEV) manufacturer Tesla Inc has come under fire in South Korea after its local subsidiary, Tesla Korea, hiked its prices.

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.

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 ...

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 ...

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.

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.

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.

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