Volvo Cars’ Ghent plant in Belgium starts EX30 production
Volvo Cars has begun production of its fully electric EX30 small SUV at the Ghent manufacturing plant in Belgium. The Ghent …
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Pony.ai teams up with Tencent Cloud on autonomous driving tech
Chinese autonomous driving technology company Pony.ai has partnered with Tencent Cloud and Smart Industries Group, the cloud business division of …
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ASEAN vehicle market perks up after period of decline – GlobalData
In February 2025, ASEAN Light Vehicle (LV) sales increased by 8% year-on-year (YoY) after the market had been in decline …
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Nissan to ‘halt production’ at China’s Wuhan plant
Japanese automaker Nissan Motor plans to halt vehicle production at its Wuhan plant in China by 31 March 2026 due …
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Chinese EV maker BYD doubles Q1 2025 net profit
China’s electric vehicle (EV) manufacturer BYD has reported a 100.4% surge, year-on-year, in net profit attributed to the shareholders for …
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ASEAN vehicle market perks up after period of decline – GlobalData
In February 2025, ASEAN Light Vehicle (LV) sales increased by 8% year-on-year (YoY) after the market had been in decline …
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Nissan to ‘halt production’ at China’s Wuhan plant
Japanese automaker Nissan Motor plans to halt vehicle production at its Wuhan plant in China by 31 March 2026 due …
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Chinese EV maker BYD doubles Q1 2025 net profit
China’s electric vehicle (EV) manufacturer BYD has reported a 100.4% surge, year-on-year, in net profit attributed to the shareholders for …
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Toyota Motor chairman proposes buyout of Toyota Industries
Toyota Motor chairman Akio Toyoda has proposed Y6tn (42bn) deal to acquire its auto parts supplier Toyota Industries, a move …
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LG to exit EV charger business
South Korean electronics giant, LG Electronics Inc, announced last week that it will exit the electric vehicle (EV) charger business, …
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Mitsubishi’s global vehicle output drops 13% in Q1
Japanese automaker Mitsubishi Motors Corporation reported a 12.3% fall in global production to 73,747 units in March 2025, from 84,062 …
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Honda global vehicle output drops 9% in Q1
Japanese automaker Honda Motor Company reported a 3.4% fall in global production to 329,664 units in March 2025, from 341,092 …
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Top M&A legal advisers in automotive sector revealed for Q1 2025
Allen & Overy and Kirkland & Ellis have emerged as the top legal advisers for mergers and acquisitions (M&A) during …
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Visteon and Qualcomm partner on AI-driven cockpit system
Visteon, a US-based automotive electronics supplier, has collaborated with Qualcomm Technologies to jointly work on advancing artificial intelligence (AI)-powered cockpit …
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Barclays leads Q1 2025 Automotive M&A financial advisory rankings
Barclays has secured the top position as the leading financial adviser for mergers and acquisitions (M&A) during the first quarter …
