General Motors (GM), in partnership with TWG Motorsports, has established a new company, GM Performance Power Units LLC, to position the Cadillac brand as Formula 1 competitor.
US-based DXC has expanded its partnership with Ferrari to develop the next generation of advanced in-vehicle infotainment systems.
Mercedes-Benz is set to broaden its reach in India by opening an additional 20 dealerships or service outlets in 2025, focusing on smaller cities, Reuters reported.
Hyundai Motor announced this week that its US customers can now purchase its vehicles online through the Amazon website.
Japan’s new vehicle market finished 2024 on a weak note, with sales falling by over 9% to 329,786 units in December from 362,839 units a year earlier.
Hyundai Motor Group (HMG) has entered into a strategic partnership with US chip-maker Nvidia Corporation to develop “advanced AI technologies to drive the future of mobility”, the South Korean ...
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber Industries (SRI).
Domestic sales dropped by 1.4% to 61,323 units in December from 62,172 a year earlier, following much sharper declines in previous months. Over the full year, the company’s domestic sales declined by ...
Renesas Electronics plans to reduce its global workforce by less than 5%, equating to fewer than 1000 jobs due to weak chip demand, reported Nikkei.
Hyundai Motor Group announced this week it is lifting its planned investments in South Korea by 19% to US$16.6bn.
Honda Motor unveiled prototypes of the first two models it plans to launch under the company’s new “0” Series battery electric vehicles.
Sony Honda Mobility (SHM) has partnered with Netherlands-based HERE Technologies to integrate advanced location data and technology into its new electric vehicle (EV) brand, Afeela.