US Steel Corporation’s logo. Nippon Steel Corporation 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 plans ...
Li Auto will keep majority control of the subsidiary and continue to consolidate its accounts. Credit: Haggardous50000/Shutterstock.com Li Auto has announced an ...
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 ...
Mitsubishi Triton’s current version. Credit: Honda Motor Co., Ltd. and its subsidiaries and affiliates. Honda Motor and Mitsubishi Motors have signed a memorandum of understanding (MoU) to develop a ...
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 ...
HMG chairman Euisun Chung meets Indian Prime Minister Shri Narendra Modi Ji. South Korean automaker Hyundai Motor Group (HMG), comprising Hyundai Motor and Kia Corporation, announced that it plans to ...
Founded in 1997, Chery’s brand portfolio includes Omoda, Jaecoo, Exeed, Luxeed, Jetour and Lepas. Image: Franchesko Mirroni/Shutterstock.com Chinese carmaker Chery Automobile plans to launch a hybrid ...
The collaboration aims to speed the development of “safer, smarter and more sustainable mobility” solutions. Credit: Franchesko Mirroni / Shutterstock.com French automotive supplier Forvia and Great ...
Total wholesale vehicle deliveries for the quarter increased 5.2% to 1,028,000 units. Credit: Jonathan Weiss / Shutterstock.com General Motors (GM) has narrowed its 2026 adjusted earnings before ...
UK ZEV mandate should mirror the EU approach and timelines and include a 2035 timeframe. As EU legislators shape the Industrial Accelerator Act and the Automotive Package, and the UK Government ...
For the first nine months of 2026, BMW Group delivered 1,707,799 vehicles globally. Credit: BMW Group BMW Group’s global vehicle deliveries declined 6.3% year on year (YoY) in the third quarter of ...