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.
Mitsubishi Motors is set to invest Bt16bn ($473.23m) in Thailand by 2030, backing the automotive sector's move towards EVs.
Creditors to Aston Martin have appointed Jefferies Financial Group as financial adviser amid growing concern over the luxury carmaker's debt.
Aston Martin has completed a £550m debt financing arrangement, with funds managed by HPS Investment Partners taking the lead role.
Hyundai Motor Group, Hyundai Motor and Kia Corporation, announced that it has opened its new ‘UX Studio Shanghai’ user experience research hub.
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.
Geely has reached an agreement to take over part of a Ford Motor factory in Spain, Bloomberg reported, citing unnamed sources.
Lucid Group has dismissed media reports that said the EV maker was considering a take-private deal or a Chapter 11 bankruptcy filing, describing the claims as “completely false”.
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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