Stellantis plans €22.2bn charges amid EV strategy reset
Stellantis will record roughly €22.2bn ($26.32bn) in charges in the second half of 2025 while restructuring operations and adjusting its …
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ACC shelves Italy and Germany gigafactory plans – union
European battery venture Automotive Cells Company (ACC) has put on hold plans to build electric vehicle battery gigafactories in Italy …
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JAC, Brembo collaborate on next-gen braking systems
Chinese state-owned automaker JAC Group announced it has signed a strategic cooperation agreement with Italian braking systems manufacturer Brembo Group, …
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Honda, Mythic to co-develop SoCs for SDVs
Honda Motor Company has announced that it has agreed to collaborate with US-based technology company Mythic Inc to co-develop a …
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Toyota’s net profits plunge 43%
Toyota Motor Corporation reported a 43% plunge in net profits to JPY 1.26 trillion (US$ 8 billion) in the third …
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UK car market up but sees EV share fall in January
The UK new car market grew by 3.4% in January to reach 144,127 units, according to figures published by the …
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Stellantis sells stake in Canada’s NextStar Energy to LG Energy Solution
LG Energy Solution has announced it will take full control of Nextstar Energy, a battery joint venture that has created …
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Paul Hastings, TriLegal top APAC M&A legal rankings for 2025
Paul Hastings and TriLegal have topped the legal advisers charts for mergers and acquisitions in the Asia-Pacific region for 2025, …
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Tariffs as a structural constraint: How US trade volatility is reshaping Hyundai and Kia’s production strategy
Following the start of the Trump administration’s second term, the tariff landscape facing Korea’s automotive industry has once again entered …
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bitsensing rolls out retrofit ADAS kit for commercial fleets
South Korean radar company bitsensing has introduced an aftermarket advanced driver-assistance system (ADAS) package aimed at improving safety in existing …
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BMW Group and PreZero sign Europe vehicle recycling deal
BMW Group has partnered with circular economy company PreZero to develop closed-loop recycling approaches for end-of-life vehicles across Europe. The agreement …
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Microchip and Hyundai explore single-pair ethernet for vehicles
Microchip Technology and South Korean automaker Hyundai Motor Group have formed a collaboration to examine the potential use of 10BASE-T1S …
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Anritsu and Valeo collaborate on virtual validation for SDVs
French automotive supplier Valeo and Japanese telecommunications and electronic equipment group Anritsu have formed a collaboration to advance virtual validation …
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Pirelli board blocks Cyber Tyre spin-off
Pirelli’s board has rejected proposals to separate its Cyber Tyre unit, intensifying an ongoing governance conflict with Chinese shareholder Sinochem. The …
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GM Korea to lift production to 500,000 units in 2026
GM Korea Company, the South Korean subsidiary of US automaker General Motors, said it aims to increase production by 8.5% …
