Sona Comstar has signed definitive agreements with Denso to establish two joint ventures in India focused on electric and hybrid powertrain systems.
Mitsubishi Motors is set to invest Bt16bn ($473.23m) in Thailand by 2030, backing the automotive sector's move towards EVs.
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.
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