Czech billionaire Michal Strnad is in talks to acquire a minority holding in Pirelli & C. from the tyre maker’s biggest shareholder, Bloomberg has reported.

German auto components group Webasto is weighing an initial public offering of its India arm by 2027 that could bring in $400m-$500m.

L-H Battery Company, a US-based joint venture between South Korean battery maker LG Energy Solution and Japanese automaker Honda Motor, has begun mass production of batteries for energy storage ...

South Korean automaker Hyundai Motor Group (HMG) announced that it plans to invest KRW 42 trillion (US$ 27.5 billion) in the next ten years to establish an advanced technology development hub in the ...

Chinese car company Chery has taken control of Nissan’s former assembly plant in Rosslyn, South Africa for an undisclosed sum.

Honda Motor has announced that it has delayed plans to make local automotive systems manufacturer Astemo Ltd a consolidated subsidiary.

AI-powered innovations crucial for Indian automotive component MSMEs to thrive in competitive market, says GlobalData ...

Polestar will stop selling vehicles in the US from 2027 after a federal regulator rejected its application under the Connected Vehicle Rule.

GM has struck an agreement with Micron Technology to lock in a longer-term supply of memory and storage products.

BMW Group has finalised a $1.7bn investment in the US, completing the expansion of plant Spartanburg and the construction of plant Woodruff in South Carolina.

Volkswagen had 667,164 employees worldwide in its 2025 financial year, with nearly 43% of them in Germany. Credit: TY Lim / Shutterstock.com Volkswagen is assessing the closure of four factories in ...

BYD is nearing a decision on whether to acquire an existing car factory in Europe as it seeks to accelerate its expansion in the region.