Nissan Motor is set to invest $45m in expanding its vehicle production operations in Egypt in 2026, with plans to lift local output by about one-third and increase exports to markets across Africa.
Honda Motor Company announced that it will withdraw from the South Korean vehicle market this year, in response to plunging sales in the country.
South Korean automaker Hyundai Motor Company reported a 23.6% drop in net earnings to KRW 2.585 trillion (US$ 1.74 billion).
Robosense Technology plans to launch its first manufacturing site outside China in Southeast Asia in the second half of 2026.
Tesla posted higher revenue and earnings in the first quarter of 2026, while continuing to spend on AI, production capacity and autonomous transport.
China’s Chery Automobile is working on smaller passenger vehicles for Europe as part of its wider growth plans in the region.
South Korean automaker Hyundai Motor Company announced that it has signed an agreement with India’s TVS Motor Company.
CATL has presented a new fast-charging EV battery alongside battery and infrastructure updates at its Super Technology Day in Beijing.
LG Innotek has secured a supply agreement to deliver its automotive Wi-Fi 7 communication module to an undisclosed European automotive parts manufacturer.
South Korean battery manufacturer Samsung SDI Company announced that it has signed a multi-year agreement with Mercedes-Benz to supply batteries for next-generation electric vehicles (EVs). The ...
Toyota and Honda have launched a new industry association in Canada, creating a joint platform to represent the interests of large-scale vehicle manufacturing and engage with governments on sector ...
Great Wall Motor plans a fresh push into Europe, aiming to introduce at least 10 new vehicle models across the region over the next 2 years.