Thailand, formerly known as "the Detroit of Asia," is losing its competitive edge as a major auto production hub and exporter, reports GlobalData.

Volvo Cars has signed two sustainability-linked revolving credit facilities of €2bn ($2.1bn) to support its corporate and environmental goals.

Stellantis and CATL have agreed to invest up to €4.1bn ($4.3bn) to build a lithium iron phosphate (LFP) battery plant in Zaragoza, Spain.

ABB has entered into a strategic partnership with Engineering Software Steyr GmbH (ESS) to develop advanced simulation tools.

Continental AG has announced plans to spin off its Automotive group sector by the end of 2025, subject to necessary approvals.

Bosch is set to expand its operations in Hungary with an investment aimed at producing electric steering gear.

Sales of imported light passenger vehicles in South Korea fell by 4% to 23,784 units in November 2024 compared with 24,740 units a year earlier.

FAW Jiefang Automobile Company Ltd, the commercial vehicle unit of the Chinese state-owned automaker FAW Group, has begun operations at its newly-built heavy truck engine plant in the city of Dalian, ...

Chinese automaker Shenyang Jinbei Automotive Company Ltd began production of two new energy vehicle models at one of its assembly lines.

Caterham has announced that it will integrate immersion-cooled battery packs in its upcoming EV sports coupe, Project V.

Hesai Group signs exclusive deal to supply 1.5 million LiDAR units to Changan Automobile for its intelligent driving platform.

Stellantis has issued a recall for more than 300,000 Ram heavy duty pickup trucks following the discovery of a defective hydraulic control unit.