Ecarx Holdings Inc, a global supplier of intelligent automotive computing and software solutions headquartered in the UK, announced that it has signed a definitive agreement to acquire the entire ...

Volkswagen Group has agreed to sell Everllence – its heavy duty diesel engine unit – to private capital firm Bain Capital. Several private equity firms were also in the running (including Blackstone), ...

India is likely to approve an investment of about $370m by Geely-backed Horse Powertrain in Renault’s manufacturing business in the country, Bloomberg reported citing unnamed sources.

South Korean EV fast-charging equipment manufacturer and network operator, Chaevi Company Ltd, has won two separate government contracts.

Nissan Motor Company and Stellantis are in talks to acquire some key manufacturing assets from Japanese automotive components supplier Marelli Holdings.

General Motors (GM) has increased its planned investment in Brazil by 3.5bn reais ($674.88m), taking the total to 10.5bn reais through 2028.

Toyota plans to reduce overseas vehicle production by around 100,000 units through February 2027, citing weakened demand tied to disruption at the Strait of Hormuz.

Bangladesh has set out a package of tax incentives for EVs in its budget for the fiscal year starting July, covering importers, manufacturers and buyers.

UK vehicle production rose 2.7% in May to 51,178 units, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). Car output grew 3.2% to 49,249 units, ...

US-based Geotab and Toyota Connected have entered a global partnership to develop connected mobility and fleet management offerings by combining their technology platforms and data resources.

Nexen Tire Corporation announced that it has signed a deal to supply tyres for two vehicle models produced by BYD Auto.

Nissan has reportedly abandoned plans to develop a fully electric version of the Qashqai as part of a broader cost-cutting and rationalisation effort.