Countries rearrange trade relationships according to geopolitical alliances as the world awaits a rise in US protectionism.
General Motors (GM), in partnership with TWG Motorsports, has established a new company, GM Performance Power Units LLC, to position the Cadillac brand as Formula 1 competitor.
US-based DXC has expanded its partnership with Ferrari to develop the next generation of advanced in-vehicle infotainment systems.
Japan’s new vehicle market finished 2024 on a weak note, with sales falling by over 9% to 329,786 units in December from 362,839 units a year earlier.
Hyundai Motor announced this week that its US customers can now purchase its vehicles online through the Amazon website.
Hyundai Motor Group (HMG) has entered into a strategic partnership with US chip-maker Nvidia Corporation to develop “advanced AI technologies to drive the future of mobility”, the South Korean ...
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber Industries (SRI).
Sony Honda Mobility (SHM) has partnered with Netherlands-based HERE Technologies to integrate advanced location data and technology into its new electric vehicle (EV) brand, Afeela.
Renesas Electronics plans to reduce its global workforce by less than 5%, equating to fewer than 1000 jobs due to weak chip demand, reported Nikkei.
Automotive production and inventory, and ultimately sales, all took a massive hit and still have not been the same since, reports GlobalData.
Mahindra has inaugurated its electric vehicle (EV) manufacturing and battery assembly facility at its plant in Maharashtra, India.
Honda Motor unveiled prototypes of the first two models it plans to launch under the company’s new “0” Series battery electric vehicles.