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.
Dr. Stefan Hartung is unexpectedly stepping down from his position as Bosch chairman and CEO of the board of management.
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.
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.
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.
US-based O’Reilly Automotive has submitted a cash offer for Genuine Parts Company’s auto-parts division. Bloomberg, citing unnamed sources, reported that the division could be worth $10bn or more in ...
Toyota Motor Corporation announced that it has launched the initial phase of a strategic manufacturing alliance with US aviation company Joby Aviation Inc.
UK vehicle production rose 2.7% in May to 51,178 units, according to the latest figures published today by the Society of ...
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