LG Energy Solution swings to Q1 loss on weak EV demand
South Korea’s LG Energy Solution expects a first-quarter operating loss as softer electric vehicle demand weighed on its performance. Announcing its …
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Korean battery makers adapt to falling US BEV demand
South Korean battery manufacturers bet heavily on the future growth of the North American electric vehicle (BEV) market, as they …
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Brazil lists BYD unit over labour violations in Bahia
Brazil’s labour ministry has placed BYD Auto do Brasil on its “dirty list” following allegations tied to a factory construction …
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Mazda pauses Japan output for Middle East exports until May – report
Mazda Motor said it will stop producing vehicles for export to the Middle East until May after the Strait of …
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Mitsubishi Motors to start HEV production in Philippines by 2028
Mitsubishi Motors plans to begin producing a new hybrid electric vehicle in the Philippines from around mid-2028. The company said the …
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SPR Auto extends FUJI OOZX valve technology collaboration by five years
SPR Auto has signed an agreement with Japanese auto components maker FUJI OOZX, extending their partnership covering engine valve production …
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Hyundai warns Middle East conflict disrupting export supply chains
Hyundai Motor says vehicle exports to Europe and North Africa are facing delays as the Middle East conflict disrupts shipping …
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UK car market enjoys bumper March
The UK new car market grew by 6.6% in March, typically the busiest month of the year, with 380,627 new …
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Toyota to launch US-made Tundra, Highlander in Japan in April
Japanese automaker Toyota Motor Corporation announced that it plans to sell its US-made Tundra pickup truck and Highlander SUV in …
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US light vehicle market down 14% in March
According to preliminary estimates, US Light Vehicle (LV) sales fell by 13.9% year-on-year (YoY) in March, to 1.39 million units. …
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Rivian spinout EV start-up raises $200m in Series C round
Also, an electric vehicle (EV) startup spun out of Rivian, has raised $200m in a Series C round. The funding round …
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Indonesia motor insurance market to reach $1.3 billion by 2030, forecasts GlobalData
Indonesia’s motor insurance market is forecast to register a compound annual growth rate (CAGR) of 5%, with gross written premiums …
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Freelander brand makes debut with Concept 97
The new Freelander brand – a product of Jaguar Land Rover’s JV with Chery - has made its global debut …
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Stellantis explores Chinese EV production in Canada with Leapmotor – report
Stellantis is in early talks with China’s Leapmotor about building electric vehicles at its underused plant in Canada, indicating a …
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VW shows new Atlas at New York auto show
Volkswagen has introduced the completely redesigned 2027 Atlas at the New York International Auto Show. VW says it boasts a …
