GM has struck an agreement with Micron Technology to lock in a longer-term supply of memory and storage products.
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.
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.
India is likely to approve an investment of about $370m by Geely-backed Horse Powertrain in Renault’s manufacturing business in the country, Bloomberg reported citing unnamed sources.
Volkswagen plans to end its “Automated Driving Alliance” with Bosch after deciding the joint autonomous driving technology was not competitive.
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.
JBIC said the loan supports Isuzu’s expansion of its North American business, enhancing its competitive advantage in the North American market, strengthening the supply chain of ...
Toyota Motor Corporation announced that it has launched the initial phase of a strategic manufacturing alliance with US aviation company Joby Aviation Inc.
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.
Japanese automaker Nissan Motor Company reported a 10.3% drop in global sales to 229,870 vehicles in May 2026.
AI-powered innovations crucial for Indian automotive component MSMEs to thrive in competitive market, says GlobalData ...
Japanese automaker Mitsubishi Motors Corporation reported an almost 13% year-on-year decline in global production to 65,646 vehicles in May 2026.