Mercedes-Benz Group sold 417,800 cars in the second quarter of 2026, an 8% year-on-year (YoY) decline, as gains in Europe and North America failed to offset a 30% drop in China.
Xiaomi has introduced a new SUV range called Sky Nomad, stepping up its move into the automotive sector as expansion in its core smartphone business eases.
Europe's automotive manufacturers will need to absorb additional job losses and factory shutdowns as the sector overhauls itself to stay competitive, according to Hildegard Müller, head of Germany's ...
Besides MMC, BMW is among automotive OEMs pursuing manufacturing applications for humanoid robots. Image source: BMW AG Mitsubishi Motors Corporation and Highlanders (a start-up originating from the ...
The Spring Hill plant will produce ESS batteries alongside EV batteries. Ultium Cells LLC, the US-based battery manufacturing joint venture between US automaker General Motors (GM) and South Korea’s ...
Chery Automobile has completed the acquisition of Nissan Motor’s vehicle assembly plant in Rosslyn, near the South Africa capital Pretoria, marking a new phase in the Chinese automaker’s expansion ...
Swedish automotive supplier Autoliv has partnered with Xpeng to jointly pursue safer mobility technologies for markets worldwide.
This funding will be provided in line with Uno Minda’s current 51% stake in the joint venture, leaving its ownership share unchanged. Credit: Ditnugraha16 / Shutterstock.com The plant will be built ...
US battery electric vehicle (BEV) manufacturer Tesla Inc has come under fire in South Korea after its local subsidiary, Tesla Korea, hiked its prices.
German auto components group Webasto is weighing an initial public offering of its India arm by 2027 that could bring in $400m-$500m.
MCE Holdings Bhd has launched operations at a new MYR 50 million (US$ 12.5 million) manufacturing facility in Serendah, in Malaysia’s Selangor state, as the Malaysian components producer looks to step ...
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 ...