Mercedes-Benz to merge financial services with vehicle sales division
Mercedes-Benz has disclosed plans to merge its vehicle sales and financial services into a single entity by the end of…
All articles by Gullapalli Prasanna
Gullapalli Prasanna
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Sumitomo Riko enhances automotive component design with Ansys AI
Rubber automotive components maker, Sumitomo Riko, has integrated Ansys' SimAI to improve efficiency during auto component design and manufacturing processes.…
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BYD launches EV sales in Argentina amid tariff exemptions
BYD has initiated the sale of its electric vehicles (EVs) in the Argentine market, reported Reuters. The vehicles introduced to…
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GM withdraws plan to extend EV tax credits after policy scrutiny – report
General Motors (GM) has reversed its decision to pursue a scheme that would have enabled its dealers to offer a…
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Stellantis to channel $10bn into US operations amid strategic shift
Stellantis is poised to allocate around $10bn investment into its US operations, Bloomberg reported, citing sources. The proposed investment is…
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Trump mulls extending tariff relief for US carmakers
US President Donald Trump is reportedly contemplating the extension of considerable tariff relief for domestic car production. If implemented, the…
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Renault targets 3,000 job cuts amid cost-saving measures – report
Renault is set to propose voluntary redundancies for around 3,000 employees in support functions, in a move to streamline operations,…
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China’s GWM and Chery eye vehicle assembly in South Africa – report
Chinese automotive companies Great Wall Motor Company (GWM) and Chery Automobile are reportedly gearing up to commence assembling vehicles in…
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Eagers Automotive to acquire majority stake in CanadaOne holding company
Australian car dealership Eagers Automotive has announced plans to purchase a 65% share in the holding company of CanadaOne, a…
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NextStar Energy finalises construction of Canadian EV battery plant
NextStar Energy (NSE), a Canadian electric vehicle (EV) battery manufacturing joint venture (JV) between South Korea's LG Energy Solution Ltd…