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.

US-based O’Reilly Automotive has submitted a cash offer for Genuine Parts Company’s auto-parts division. Bloomberg, citing unnamed sources, reported that the division could be worth $10bn or more in ...

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

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.

Volkswagen plans to end its “Automated Driving Alliance” with Bosch after deciding the joint autonomous driving technology was not competitive.

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

Dr. Stefan Hartung is unexpectedly stepping down from his position as Bosch chairman and CEO of the board of management.