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Thailand’s Light Vehicle (LV) sales increased by a notable 5.7% year-on-year (YoY) in May, largely driven by the Passenger Vehicle (PV) segment, which rose by 8.4% YoY.
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A major refresh for the Musso and a new Musso EV are part of a big push by KGM.
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Revenue climbed 1.9% year-on-year, while adjusted EBIT grew 29.8% to $3.94bn, pushing the adjusted EBIT margin up to 8.2% from 6.4%.
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The labour union and management have failed to agree on basic pay and bonuses.
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The system will draw on Mobileye's road experience management (REM) platform, a crowdsourced data network that the company states now spans more than 95% of public roads across the US and Europe.
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The market last month rebounded strongly following a sharp decline in May.
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The company aims to launch a Level-4 self-driving system for freight trucks in 2027.
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Opel said the manufacturing project would follow a “local-for-local” approach aimed at strengthening its long-term presence in the Algerian market.
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The two companies are aiming to finalise an agreement within the coming weeks that would see JSW take a stake in Skoda Auto Volkswagen India.
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London Heathrow and Manchester Airport are expected to be among the primary UK connection points, with a plan to extend services across the UK over time.
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