ZF Lifetec introduces electromechanical seatbelt locking system
ZF LIFETEC has introduced its electromechanical seatbelt locking system, named e.Locking, to improve vehicle safety and design flexibility. Designed for use …
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Mercedes reshuffles board as it grapples with restructuring
Mercedes-Benz Group has announced changes to its board of management as part of a broader transformation strategy aimed at addressing …
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Nissan steps up restructuring as crisis grows
Nissan Motor’s financial performance deteriorated significantly in the second quarter of the current fiscal year, between July and September 2024, …
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Daimler to invest up to $285m in Detroit plant
Daimler Truck North America (DTNA) has announced plans to invest up to $285m in its Detroit manufacturing plant, located in …
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Volkswagen AG and IG Metall continue collective bargaining negotiations
The negotiating committees of Volkswagen AG and IG Metall Lower Saxony and Saxony-Anhalt have this week continued negotiations on the …
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Volkswagen AG and IG Metall continue collective bargaining negotiations
The negotiating committees of Volkswagen AG and IG Metall Lower Saxony and Saxony-Anhalt have this week continued negotiations on the …
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ROHM and TSMC collaborate on GaN power devices for EV market
ROHM has entered a strategic partnership with Taiwan Semiconductor Manufacturing Company (TSMC) to develop and mass-produce gallium nitride (GaN) power …
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General Motors to abandon loss-making Cruise robotaxi venture
General Motors (GM) has decided to cease development of robotaxis at its majority-owned Cruise division, signalling a major shift in …
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Vietnam vehicle market jumps 50% in November
Vietnam’s new vehicle market continued to surge in November 2024, by 50% to 39,608 units from 26,439 units a year …
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Posco and Hancock sign lithium processing partnership agreement
South Korea’s steel and battery materials producer Posco Holdings Inc signed a preliminary agreement with Australian mining company Hancock Prospecting …
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Hozon targets overseas growth as domestic vehicle sales slow
Chinese battery electric vehicle (BEV) manufacturer Hozon New Energy Automobile Company said it aims to sell 50% of its vehicles …
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Thailand’s automotive industry at a crossroads
Thailand's automotive industry stands at a crossroads. While it remains a significant player in the ASEAN region, its traditional strengths …
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Volvo Cars secures €2bn sustainability-linked credit facilities
Volvo Cars has signed two sustainability-linked revolving credit facilities of €2bn ($2.1bn) to support its corporate and environmental goals. The …
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Stellantis, CATL form JV for EV battery factory in Spain
Stellantis and China’s Contemporary Amperex Technology (CATL) have agreed to invest up to €4.1bn ($4.3bn) in a joint venture to …
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ABB invests in ESS to improve efficiency in automotive paint shops
ABB has entered into a strategic partnership with Engineering Software Steyr GmbH (ESS) of Austria to develop advanced simulation tools …
