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

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

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

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

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

The company retains title as world’s largest automaker.

Nissan Motor Corporation reported a slight fall in global sales to 3,348,687 vehicles in 2024, from 3,374,374 in 2023.

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

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

Tesla received more than 70,000 bookings in China for its facelifted Model Y in the first week after the company began taking ...

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

American EV manufacturer Lucid Group, backed by Saudi Arabia's sovereign wealth fund, has appointed Taoufiq Boussaid as its ...