Mitsubishi Motors is set to invest Bt16bn ($473.23m) in Thailand by 2030, backing the automotive sector's move towards EVs.
Sona Comstar has signed definitive agreements with Denso to establish two joint ventures in India focused on electric and hybrid powertrain systems.
The supervisory board of Porsche has approved another phase of restructuring, a company spokesperson told Reuters.
Hyundai Motor Group, Hyundai Motor and Kia Corporation, announced that it has opened its new ‘UX Studio Shanghai’ user experience research hub.
Volkswagen is in advanced talks to sell a stake in its India business to JSW Group, Bloomberg reported, citing unnamed sources.
Aston Martin has completed a £550m debt financing arrangement, with funds managed by HPS Investment Partners taking the lead role.
Geely has reached an agreement to take over part of a Ford Motor factory in Spain, Bloomberg reported, citing unnamed sources.
Volvo Cars has said it expects profitability to improve in the second half of 2026, notwithstanding higher raw material costs and a steeper-than-anticipated downturn in China.
Production of Tesla cars was up 10% to 451,758 units. Tesla said Q2 record deliveries were supported by record deliveries in several markets, including South Korea, Australia, Col ...
GM’s revised guidance for the full year now puts adjusted EBIT at between $14bn and $16bn. Credit: Linda Parton / Shutterstock.com General Motors (GM) has lifted its full-year 2026 earnings guidance ...