Porsche is weighing a move of Cayenne production from Slovakia to its Leipzig plant in Germany, subject to workers at the German factory agreeing to wage reductions.
Momenta has launched an IPO on the Hong Kong Stock Exchange, seeking to raise HK$5.9bn ($752m) at HK$295.60 per share.
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.
Waymo has established a German legal entity, signalling preparations for a potential entry into the European robotaxi market.
AI-powered innovations crucial for Indian automotive component MSMEs to thrive in competitive market, says GlobalData ...
UK vehicle production rose 2.7% in May to 51,178 units, according to the latest figures published today by the Society of ...
Lucid Group plans to reduce its US workforce by about 18% and said COO Marc Winterhoff has left the company with immediate effect.
Polestar will stop selling vehicles in the US from 2027 after a federal regulator rejected its application under the Connected Vehicle Rule.
Vietnamese automaker VinFast Auto has announced that it sold a total of 19,503 battery electric vehicles (BEVs) in its domestic market in May, a 70% increase on the 11,496 units delivered a year ...
Valeo and Nissan sign a major contract for the commercialisation of Valeo’s bidirectional charging stations in Europe.
Nissan has reportedly abandoned plans to develop a fully electric version of the Qashqai as part of a broader cost-cutting and rationalisation effort.
BMW Group has lowered its FY26 guidance across key financial metrics, pointing to a deteriorating Chinese car market and the economic fallout from the Middle East conflict.