22 December 2025
22 December 2025
After falling by 2% YoY in Q3 2025, ASEAN Light Vehicle sales increased by 1% YoY in October, reports GlobalData.
Filosa earlier told the FT that Stellantis could boost European investment if the 2035 petrol phase-out were relaxed.
The software provides a full virtual representation of a vehicle’s hardware at the system level.
Once the transaction is completed, Foxtron will gain control of Luxgen’s operations, including its workforce, sales and dealer network.
Sales to be completed ahead of merger with Mitsubishi-Fuso.
Company plans to establish local supply chain and scale up initial production capacity.
Strong BEV sales ahead of expiry of tax incentives.
The equity funding is being provided in equal tranches of $150m by Banco Bilbao Vizcaya Argentaria (BBVA) and Natixis.
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