Hyundai Motor reduced its full-year wholesale target to 4 million units from 4.16 million. Credit: Terence Toh Chin Eng / Shutterstock.com Hyundai Motor reported net profit of Won1.93tn ($1.44bn) in ...
Merecedes-Benz Group has cut its profit guidance for the 2026 financial year as it warned of a “more challenging market environment in China and higher fourth quarter costs for raw materials and ...
GM will disclose which nameplates are involved, and the timing, nearer to launch. Credit: General Motors General Motors (GM) plans to invest in Lansing Delta Township Assembly in Michigan, US, for ...
To support level 3 progress, the carmaker is pursuing the equivalent of ten million kilometres of training data each day. Credit: Yuliia Lakeienko / Shutterstock.com Volkswagen Group China has ...
Stellantis said Q3 net revenues increased to €37.6 billion, up 1.0% versus Q3 2025. Net loss was €0.5 billion in Q3 2026 versus €4.5bn in Q3 2026. Adjusted operating income was €0.3 billion in Q3 2026 ...
In the first half of FY 2026-27, total sales volume increased 27.9% YoY to 1,379,378 units. Credit: Jaddu-07 / Shutterstock.com Maruti Suzuki India (MSIL) has reported a 26.8% year-on-year (YoY) ...
US Steel Corporation’s logo. Nippon Steel Corporation has announced that it plans to invest US$ 3 billion to build a new hot strip steel mill in the US, as part of the Japanese steelmaker’s broader ...
Chinese brands dominate this year’s Bangkok International Motor Show. The Thai government is preparing to hike the excise tax on imported battery electric vehicles (BEVs) at the beginning of next year ...
Audi identified the US as the second-largest premium vehicle market globally. Credit: AUDI AG. German carmaker Audi plans to invest approximately $4bn to set up its first US manufacturing facility at ...
Trade union IG Metall is seeking a 5% pay increase in the forthcoming negotiations. Credit: Dmytro Stoliarenko / Shutterstock.com Volkswagen (VW) is considering a wage freeze for many of its global ...
About 2,000 of the planned job reductions will be in Sweden. Credit: Volvo Car Corporation (or its affiliates or licensors) Volvo Cars plans to cut approximately 2,500 jobs globally and reduce ...
Audi is also central to Volkswagen’s North American plans. Credit: fotokaleinar/Shutterstock.com Volkswagen may develop its own body-on-frame truck platform for the ...