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.
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.
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 ...
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.
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 ...
GM’s co-operation with Micron is set to include closer alignment on upcoming product specifications. Credit: Jonathan Weiss/Shutterstock.com General Motors (GM) has struck a strategic customer ...
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.