Kia’s net profits plunge 37% in Q3, despite strong revenue growth
South Korean automaker Kia Corporation reported a 37% year-on-year drop in net profits to KRW 1.42 trillion (US$ 997 million) …
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Seres Group raises $1.8bn from Hong Kong IPO
Chinese electric-vehicle (EV) maker Seres Group has raised HK$14.3bn ($1.8bn) through a Hong Kong listing, reported Bloomberg. The company set its …
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Volkswagen secures funding to back hybrids and exports from Brazil
Automobile and commercial vehicle manufacturer Volkswagen has obtained 2.3bn reais ($425.62m) in financing from Brazil’s National Bank for Economic and …
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Nissan harnesses power of AI to speed up physical vehicle tests
Nissan and Monolith have extended their strategic partnership through 2027, using AI to reduce physical vehicle testing and accelerate new …
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Audi trims profit outlook again as tariffs and EV shift squeeze margins
Audi Group has lowered its full-year profitability target for the second time this year, citing pressure from US import tariffs …
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DeepRoute.ai to begin robotaxi service by year-end
Autonomous driving technology provider DeepRoute.ai plans to begin robotaxi operations using consumer-grade production vehicles before the end of this year. The …
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Beijing Hyundai launches battery-powered Elexio SUV
Beijing Hyundai Motor Company (BHMC), Hyundai Motor Company’s main Chinese joint venture, launched the all-new Elexio battery-powered family SUV at …
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BYD’s global sales fall 12% in October
China’s largest automaker, BYD, reported a 12% year-on-year fall in global vehicle sales to 441,706 units in October, down from …
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Hyundai’s profit falls 20% in Q3 on US tariffs
South Korean automaker Hyundai Motor Company reported a 20.5% drop in net profits to KRW 2.548 trillion (US$1.8 billion) in …
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VW Group future models 2025-2035: part 2
This second of two reports examining selected brands of the Volkswagen Group looks at expected next generation SEAT, Cupra and …
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Hyundai Motor Group and Nvidia team up on AI-powered mobility
Hyundai Motor Group and NVIDIA have expanded their partnership with plans for an AI factory based on Nvidia’s Blackwell architecture …
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Nissan warns of full-year operating loss of $1.8bn amid market headwinds
Nissan has warned that it could post a full-year operating loss of Y275bn ($1.8bn) on net revenues of Y11.7tn for …
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Volkswagen swings to Q3 loss as tariffs and Porsche charges weigh on results
Volkswagen has reported a net loss of €1.07bn for the third quarter of 2025, compared with net income of €1.56bn …
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Ford to invest $370m in India plant to produce engines for export – report
US automaker Ford Motor is planning to commit about Rs32.5bn ($370m) to restart and retool its Maraimalai Nagar factory in …
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Proton launches its new battery-powered e.Mas 5
Proton Holdings has officially launched its second battery electric vehicle (BEV) model, the e.Mas 5, as Malaysia’s first national carmaker …
