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.
AI-powered innovations crucial for Indian automotive component MSMEs to thrive in competitive market, says GlobalData ...
Waymo has established a German legal entity, signalling preparations for a potential entry into the European robotaxi market.
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.
India is likely to approve an investment of about $370m by Geely-backed Horse Powertrain in Renault’s manufacturing business in the country, Bloomberg reported citing unnamed sources.
Volkswagen Group has agreed to sell Everllence – its heavy duty diesel engine unit – to private capital firm Bain Capital. Several private equity firms were also in the running (including Blackstone), ...
South Korean EV fast-charging equipment manufacturer and network operator, Chaevi Company Ltd, has won two separate government contracts.
Nissan Motor Company and Stellantis are in talks to acquire some key manufacturing assets from Japanese automotive components supplier Marelli Holdings.
Polestar will stop selling vehicles in the US from 2027 after a federal regulator rejected its application under the Connected Vehicle Rule.
Nexen Tire Corporation announced that it has signed a deal to supply tyres for two vehicle models produced by BYD Auto.
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