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.

Hyundai Motor Company is set to debut its next-generation electric sports sedan, IONIQ 6 N, at the Goodwood Festival of Speed on 10 July 2025.

Daimler Truck has partnered with the government of Senegal and Global Truck Systems (GTS) to establish a truck assembly plant in the country.

Chinese battery electric vehicle (BEV) manufacturer Nio Inc expects to become profitable in the fourth quarter of 2025, after its sales continued to gain momentum in the first half of 2025. The US ...

Taiwan’s new vehicle market declined by 17.5% to 34,320 units in June 2025 from 41,587 units in the same month last year, according to registration data compiled by Taiwan’s Ministry of Transportation ...

Nissan Motor plans to recall 482,000 vehicles in the US and Canada because of possible engine problems due to manufacturing defects, according to the Japanese automaker and the US National Highway ...