Rivian raises US (Georgia) plant capacity by 50%
Rivian plans to lift the initial production capacity of its forthcoming manufacturing site in Georgia to 300,000 vehicles a year, …
Post
-
-
Volkswagen warns cost cuts fall short as profit drops
Volkswagen Group said its first quarter operating profit fell 14.3% as US tariffs and stronger competition in China affected its …
-
Toyota plans three Maharashtra plants to lift India output – report
Toyota Motor plans to build three new vehicle assembly plants in Maharashtra as part of a strategy to raise its …
-
Posco signs US$765m deal for 30% stake in Australian lithium mines
South Korean steel and chemicals group Posco Holdings announced it has finalised an agreement worth US$ 765 million to acquire …
-
Hyundai launches battery subscription service in South Korea
Hyundai Motor Group has launched a pilot battery subscription service in its home market, in collaboration with its Hyundai Capital …
-
Singapore vehicle sales rise 14% in Q1
New vehicle registrations in Singapore increased by almost 14% to 15,551 units in the first quarter of 2026, from 13,673 …
-
Nexteer puts steer-by-wire into series production
Steering systems specialist Nexteer Automotive says it has started series production of its steer-by-wire (SbW) system—its first SbW program in …
-
Aston Martin narrows losses despite rising debt in first quarter
Aston Martin reported another quarterly loss for the three months ended 31 March 2026, as its debt burden increased and …
-
Volvo Cars reports lower Q1 revenue and EBIT in “volatile world”
Geely-owned Volvo Cars has said its performance remained under pressure in the first quarter of 2026, pointing to a challenging …
-
Mercedes-Benz posts lower Q1 profit, keeps full-year outlook
Mercedes-Benz Group said its first quarter 2026 performance was broadly in line with its full-year expectations, with support from financial …
-
Stellantis swings to profit in Q1
Although investors appear to remain sceptical of a sustainable Stellantis turnaround, the company has booked a profit in the first …
-
Auto China 2026: Huawei’s ascent from backend supplier to automotive industry front-runner
The 2026 Beijing Auto Show stands as a vivid barometer of reshaping power dynamics in the global automotive industry, with …
-
Ford raises 2026 EBIT outlook after first quarter profit rise
Ford posted a sharp first quarter earnings rebound in Q1 2026, with net income rising to $2.55bn from $473m a …
-
Denso withdraws offer to acquire Rohm
Denso Corporation, the main component-manufacturing subsidiary of Toyota Motor Corporation, confirmed that it has withdrawn its offer to acquire local …
-
LGES reports net loss in Q1 on ESS ramp up
South Korea’s largest electric vehicle (EV) battery manufacturer, LG Energy Solution (LGES), reported a net loss of KRW 944 billion …
