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.
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.
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 ...
GM has struck an agreement with Micron Technology to lock in a longer-term supply of memory and storage products.
Taiwan’s new vehicle market surged by 25% to 41,361 units in June 2026 after declining by over 17% to 34,320 units in the same month last year, according to registration data compiled by Taiwan’s ...
In a statement, Bosch said Dr. Stefan Hartung is stepping down from his position as chairman of the board of management effective June 30, 2026, at his own request and in close consultation and ...
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