GM revises 2025 profit forecast amid $5bn tariff impact
General Motors (GM) has revised its 2025 profit forecast downward due to an anticipated $5bn tariff impact and plans to …
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Mercedes-Benz to localise core vehicle production in Alabama by 2027
German carmaker Mercedes-Benz has revealed plans to produce a core vehicle segment locally at its Tuscaloosa plant in Alabama by …
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Audi begins local assembly of Q7 in Malaysia
Volkswagen Group began assembling the upmarket Audi Q7 seven-seater mild-hybrid SUV in Malaysia at the end of April, as the …
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Hyundai unveils new Xcient truck for North America
Hyundai Motor Company this week introduced its new Xcient hydrogen fuel cell Class-8 heavy-duty truck at the Advanced Clean Transportation …
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Kia reports record revenues, higher deliveries in Q1
South Korean automaker Kia Corporation reported a 6.9% increase in global revenues to KRW 28.02 trillion in the first quarter …
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Ford reportedly halts next-gen EV architecture
Ford has discontinued a programme aimed at developing a next-generation electrical architecture, a move seen as essential to compete Tesla, …
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Stellantis suspends 2025 financial guidance over tariff concerns
Stellantis has suspended its 2025 financial guidance due to tariff-related uncertainties and is working with policymakers to reduce impact of …
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Faraday Future secures first pre-order for FX Super One MPV
US-based electric vehicles developer Faraday Future Intelligent Electric says it has secured its first business-to-business (B2B) pre-order for the FX …
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Auto Shanghai 2025: Huawei’s ‘Auto Wintel’ ecosystem – reshaping China’s smart vehicle industry
Auto Shanghai 2025, one of the major global automotive events on the calendar, is taking place from 23 April - …
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Mercedes revenue and profit declines in Q1 2025, warns of tariff impact
Mercedes-Benz Group has reported a 7.4% decline in revenue to €33.22bn ($37.73bn) in the first quarter (Q1) of 2025, ending …
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ZF unveils advanced air compressor for commercial vehicles
ZF's Commercial Vehicle Solutions division has introduced a new air compressor designed to enhance the efficiency and operation of electrified …
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LG, MediaTek unveil next-generation in-vehicle infotainment system
South Korean electronics conglomerate LG Electronics Inc and Taiwanese fabless semiconductor company MediaTek unveiled their jointly-developed, next-generation in-vehicle infotainment (IVI) …
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Posco to build graphite plant in South Korea
Posco Future M Company, the battery materials subsidiary of South Korea’s steel and chemicals group Posco Holdings Inc, announced plans …
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Hyundai reports strong revenues, earnings in Q1
Hyundai Motor Company, South Korea’s largest vehicle producer, reported a 9.2% increase in revenues to KRW44.41 trillion in the first …
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Renault partners with key suppliers for sustainability strategy
With the Renault Emblème demonstrator car, the Renault Group recently presented its vision by 2035 of a low-carbon family vehicle. …
