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.

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.

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.

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 ...

GM has struck an agreement with Micron Technology to lock in a longer-term supply of memory and storage products.

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.

Dr. Stefan Hartung is unexpectedly stepping down from his position as Bosch chairman and CEO of the board of management.

South Korean EV fast-charging equipment manufacturer and network operator, Chaevi Company Ltd, has won two separate government contracts.

UK vehicle production rose 2.7% in May to 51,178 units, according to the latest figures published today by the Society of ...