VW said the agreement will achieve sustainable cost savings for Volkswagen AG of more than €15 billion per year in the medium term. Of this, over €4 billion per year will come from the present ...

Germany, Italy, and the Czech Republic have reportedly urged the European Union to halt financial penalties for carmakers that fail to meet the EU emissions targets starting in 2025.

South Korea’s Hyundai Motor is reportedly in talks with Samsung Electronics to manufacture automotive chips for self-driving vehicles.

GlobalData reports that the ASEAN Light Vehicle (LV) market declined by 2% year-on-year (YoY) in October 2024 and 7% YoY from January to October as a whole.

Taiwan’s electronic components giant Hon Hai Precision Industry Company Ltd, more widely known as Apple’s iPhone subcontractor Foxconn, is in talks to acquire all or some of Renault ’s stake in Nissan ...

Volkswagen and labour unions are inching closer to a deal to restructure the brand without shutting down German factories.

However, the UK diesel market is already rather small, and so no clear impact was observed. However, diesel could be more widely at threat in 2025 as not only is a more stringent ZEV mandate due to ...

Chery, a Chinese automotive brand, has opened what it claims to be the largest automotive spare parts distribution centre in the Middle East. The new facility, located near Jebel Ali port and Al ...

Kia Corporation launched its new Syros compact SUV in India this week, which the company claims sets new standards in the country in terms of design, technology and interior space. The South Korean ...

November was almost a repeat of October in terms of the share that diesel achieved, and not too far off the result seen a year earlier (13.1% versus 14.6%) continuing the theme of a slow decline ...