Volkswagen will discontinue production of the VW ID.4 at its Chattanooga, Tennessee facility, marking a shift towards higher-volume models.
In India, it is targeting annual sales of 410,000 units. Credit: Tricky_Shark / Shutterstock.com Kia plans to invest Won49tn ($33.07bn) through 2030 to expand electrification, software-defined ...
Mercedes-Benz’s new GLC battery-powered SUV available in South Korea from this year. Sales of imported light passenger vehicles in South Korea continued to surge in March 2026, rising by 35% to 33,970 ...
Magna is selling its lighting and rooftop systems businesses through three separate transactions, as it reshapes its Power & Vision segment.
US carmakers have warned that EU rules are restricting large pick-up trucks, heightening tensions around an EU-US trade agreement still awaiting ratification.
Chinese autonomous driving company Pony.ai has commenced commercial robotaxi operations in Zagreb, Croatia, in collaboration with Uber and Verne. Passengers can book and pay for rides through the ...
Taiwan’s new vehicle market expanded by 5.5% to 39,318 units in March 2026 from 37,281 units in the same month last year.
Volkswagen had previously reached an agreement with unions at the end of 2024 to reduce 35,000 jobs by 2030. Credit: Peter J B / Shutterstock.com Volkswagen Group plans to cut 50,000 jobs in Germany ...
Also’s parent company Rivian has also been raising capital. Credit: mark reinstein / Shutterstock.com Also, an electric vehicle (EV) startup spun out of Rivian, has raised $200m in a Series C round.
Geely-owned Volvo Cars and Geely Auto have signed a memorandum of understanding (MoU) for a new commercial partnership with Lynk & Co in Europe, subject to final agreements.
US automakers announce huge restructuring charges to cut BEV exposure.
Completion of the private placement remains subject to customary closing conditions and is expected to occur in the near term. Credit: Robert Way / Shutterstock.com Automotive technology provider ...