German automotive supplier Continental has announced the closure of four plants and the downsizing of two others within its ...

Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to sell its stake in their Swedish battery-making ...

Mercedes-Benz is exploring the potential sale of its car-leasing unit Athlon as part of a broader operational review.

The company retains title as world’s largest automaker.

Honda Motor has announced a series of organisational and operational changes that will take effect on 1 April 2025.

US-based autonomous driving startup May Mobility has partnered with Deloitte to enhance safety in autonomous transportation ...

Honda Motor is planning to introduce a small EV with a price tag below $30,000 in North America, potentially as early as 2026 ...

American Axle & Manufacturing has agreed to acquire UK-based car parts maker Dowlais Group in a cash and stock deal valued at ...

Audi has launched its new MHEV plus hybrid technology with the latest A5 and Q5 models, marking the introduction of the ...

AI-driven vehicle inspection startup UVeye has secured funding of $191m in a mix of equity and debt. This financial boost ...

Thailand’s new vehicle market continued to decline in December 2024, with sales falling by 21% to 54,016 from already weak ...

Nissan is set to overhaul its financial structure through a cost-cutting strategy that avoids the closure of manufacturing ...