Under conditions of softening demand and pressure on prices, Bain & Company says OEM margins are continuing to drop. The consulting firm says that its analysis reports that OEM margins continued to ...

Foxconn, Apple’s main iPhone outsourcing partner, has developed the MIH (Mobility in Harmony) modular BEV platform, designed to provide global automakers with a fast, low-cost entry strategy into the ...

Samsung Electro-Mechanics Company, an electronic parts manufacturer belonging to South Korea’s Samsung Group, has abandoned plans to build an automotive components plant in Mexico in response to the ...

Japan’s new vehicle market expanded by just over 5% year-on-year to 393,160 units in June 2025 from 373,599 units in the same month last year, according to registration data released by the Japan ...

China’s LV market continued its strong performance in May 2025, with sales rising by 10% YoY to approximately 2.1 million units, reports GlobalData.

Jameel Motors has secured a distribution agreement to introduce Geely Auto's NEVs to the Italian automotive market.

Stellantis’ Fiat plans to produce 5,000 units of the Fiat 500 Hybrid at its historic Mirafiori plant in Turin, Italy, by 2025.