Volkswagen Group to sell diesel engine unit to private capital group
Volkswagen Group has agreed to sell Everllence – its heavy duty diesel engine unit – to private capital firm Bain …
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India likely to clear $370m Horse Powertrain investment in Renault India plant
India is likely to approve an investment of about $370m by Geely-backed Horse Powertrain in Renault’s manufacturing business in the …
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Polestar to stop US vehicle sales from 2027
Geely-owned Polestar will stop selling vehicles in the US from 2027 after a federal regulator rejected its application under the …
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Chaevi wins fast-charger contracts in South Korea
South Korean electric vehicle (EV) fast-charging equipment manufacturer and network operator, Chaevi Company Ltd, has won two separate government contracts …
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Nissan, Stellantis to acquire assets from Marelli Holdings
Global automakers Nissan Motor Company and Stellantis are in talks to acquire some key manufacturing assets from Japanese automotive components …
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Philippine vehicle sales fall 16% in May
New vehicle sales in the Philippines declined by a further 16% to 33,532 units in May 2026 from 39,775 units …
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Honda, Nissan and Mitsubishi near ECU-sharing deal for next-gen vehicles – report
Honda Motor, Nissan Motor and Mitsubishi Motors are reportedly in advanced negotiations to standardise electronic control units (ECUs) across their …
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CaoCao and May Mobility target Europe in robotaxi partnership
Chinese mobility company CaoCao has partnered with US autonomous vehicle technology group May Mobility to examine the potential for large-scale …
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Government policy drives 2026 sales outlook up for Indonesia but down for Vietnam
The ASEAN Light Vehicle (LV) market experienced double-digit growth of 10% year-on-year (YoY) in January-April, with increased sales across the …
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UK car production up in May
UK vehicle production rose 2.7% in May to 51,178 units, according to the latest figures published today by the Society …
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Renault to cut 800 engineering roles in France – report
Renault plans to remove 800 engineering jobs in France by the end of 2027 as it reshapes its operations to …
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GM boosts Brazil investment plan by 3.5bn reais through 2028
US automaker General Motors (GM) has increased its planned investment in Brazil by 3.5bn reais ($674.88m), taking the total to …
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Geotab, Toyota Connected tie up on connected fleet solutions
US-based Geotab and Toyota Connected have entered a global partnership to develop connected mobility and fleet management offerings by combining …
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VinFast enters Kazakhstan with ride-hailing business
VinFast Auto is expanding into Kazakhstan with the launch of its Green SM ride-hailing service, as the Vietnamese battery electric …
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Ecarx to acquire the Flyme entire software business
Ecarx Holdings Inc, a global supplier of intelligent automotive computing and software solutions headquartered in the UK, announced that it …
