Japanese automaker Honda Motor has made an investment in Niron Magnetics Inc, a US-based company that “is commercialising the world’s first rare-earth-free iron nitride permanent magnets.” The ...
Kim Long’s new K9KEV battery-powered heavy-duty truck. Vietnamese commercial vehicle manufacturer Kim Long Motor has officially launched its K9KEV heavy-duty truck tractor in its domestic market, ...
Volkswagen shares were removed from the benchmark Euro Stoxx 50 index on Monday, 21 September 2026. Credit: Tobias Arhelger / Shutterstock.com Volkswagen is preparing to step up its restructuring ...
More than 2,200 members of Unifor Local 1285 at Brampton Assembly have stayed on layoff since the plant was idled in December 2023. Credit: Unifor Stellantis has reportedly signed a memorandum of ...
Volvo Cars confirmed that it has finalized an agreement with its parent company, Geely Auto, to become the exclusive distributor for its Lynk & Co vehicles.
The company announced the appointment of Al Tayer Motors and Premier Motors as its authorised distributors in the UAE, marking an important milestone in the brand’s international expansion. Lucia Mao, ...
At the same facility, manufacturing has already begun on the Geely EX5 EM-i, a plug-in super hybrid. Credit: Renault do Brasil Renault and Chinese partner Geely have pledged a further 2bn reais ...
The company said the investment will enable McLaren Automotive to expand its production capability, increasing vehicle output to ensure the next generation of McLaren Automotive cars are built in ...
Thailand remains Southeast Asia’s largest vehicle production hub, supported over many years by Japanese investment and a broad supplier base. Credit: artem evdokimov / Shutterstock.com Thailand is ...
Chinese carmaker GAC Group has signed a letter of intent with FAW Group to buy part of the equity interest FAW owns in an unnamed automotive joint venture (JV). The proposed purchase is due to be ...
Still topping the global BEV chart – Tesla’s Model Y US automaker Tesla Inc has established a new import and distribution company in Vietnam, called Tesla Motors Vietnam Ltd, according to local ...
Hozon New Energy Automobile Company (Hozon), the bankrupt parent company of Chinese battery electric vehicle (BEV) start-up Neta Auto, looks set to be acquired by Zhejiang Taiyi Shanglian Enterprise ...