VW considers salary freeze until 2030 in global cost drive
Volkswagen (VW) is considering a wage freeze for many of its global personnel lasting until 2030 as part of a …
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Foxconn to acquire 50% stake in Mitsubishi Electric Mobility for Y115bn
Taiwan’s Hon Hai Precision Industry (Foxconn) has agreed to acquire a 50% holding in Mitsubishi Electric Mobility for Y115bn ($726.9m), …
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Mercedes-Benz expands automated driving alliance with Nvidia
Mercedes-Benz has broadened its partnership with Nvidia to develop the “next generation” of driver-assistance and automated-driving systems. The work combines the …
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Li Auto announces 1.625bn yuan equity financing for chip subsidiary
Li Auto has announced an equity financing round totalling 1.625bn yuan ($242.86m) for its chip and domain controller business, Shanghai …
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Mexico limits auto parts tariff exemption to existing carmakers
Mexico’s Ministry of Economy has said that a five-year tariff exemption for imported vehicle parts is available only to carmakers …
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France, Germany seek to ease proposed EU vehicle emissions requirements
France and Germany have agreed a joint approach that seeks to ease proposed EU vehicle emissions requirements. The two countries said …
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Jaguar Land Rover deepens partnership with British AI leader, Aiimi
Aiimi technology enables JLR’s teams to turn legacy data, which may otherwise stay dormant in siloed systems, into a usable …
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Lepas to reveal first concept car and showcase technology for next gen models
World premiere of first Lepas concept car and new design language to debut on 22 October at Chery International User …
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Software gains cut Volvo Cars infotainment dev feature costs by 40%
Accenture and Google Cloud have announced that Volvo Cars has become the lead industry partner for Horizon, an open-source software …
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Stellantis to invest Rs40bn in India and launch 12 models
Stellantis will spend approximately Rs40bn ($421.5m) in India over three years, launching 12 products, expanding localisation, and trebling yearly sales …
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Toyota to build hybrid Lexus NX in Ontario, Canada this December – report
Toyota Motor will begin producing its updated, hybrid-only Lexus NX in Ontario, Canada this December, reported Bloomberg. The Japanese car maker’s …
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GlobalData revises world vehicle sales forecast down on weaker China
Just Auto parent company GlobalData says its global Light Vehicle (LV) outlook has been downgraded again since the Q3 2026 …
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BMW Group begins production of high-voltage batteries in Shenyang
The BMW Group has begun series production of its Gen6 high-voltage batteries in Shenyang. Following Debrecen and Irlbach-Straßkirchen, Shenyang is …
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VinFast launches Green SM all-electric taxi service in the US
Vietnamese automaker VinFast Auto has announced that it has officially launched its Green SM all-electric taxi service in the US, …
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Chinese global vehicle sales down 8% in September
Sales of Chinese-made vehicles, including exports, declined by 8.4% year-on-year to 2.956 million units in September 2026, after rising by …
