BYD is nearing a decision on whether to acquire an existing car factory in Europe as it seeks to accelerate its expansion in the region.
GM has struck an agreement with Micron Technology to lock in a longer-term supply of memory and storage products.
Dr. Stefan Hartung is unexpectedly stepping down from his position as Bosch chairman and CEO of the board of management.
BMW Group has finalised a $1.7bn investment in the US, completing the expansion of plant Spartanburg and the construction of plant Woodruff in South Carolina.
Infineon Technologies has completed its acquisition of the non-optical analog/mixed-signal sensor portfolio from ams Osram Group for €570m on a debt-free, cash-free basis.
Japan Bank for International Cooperation (JBIC) has signed a loan agreement with Isuzu Motors Corporation for a loan amount of approximately $169m. This loan is provided to provide funds necessary for ...
Volkswagen plans to end its “Automated Driving Alliance” with Bosch after deciding the joint autonomous driving technology was not competitive.
Japanese automaker Mitsubishi Motors Corporation reported an almost 13% year-on-year decline in global production to 65,646 vehicles in May 2026, down from 75,350 units in the same month last year.
Volkswagen is assessing the closure of four factories in Germany and cuts of as many as 100,000 jobs, in what would amount to the “biggest” restructuring in the global automotive industry.
Toyota Motor Corporation announced that it has launched the initial phase of a strategic manufacturing alliance with US aviation company Joby Aviation Inc.