Manufacturing

Stellantis shipments plunge in Q3

Stellantis, a prominent automotive company, has recently reported a significant decline in third-quarter shipments, with a 20% drop compared to the same period last year. This decline was particularly sharp…

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Lasted Manufacturing

Stellantis plans to close Luton plant in UK

Stellantis, the owner of the Vauxhall brand in the UK, recently made the decision to close its vehicle manufacturing plant…

Kia India targets doubling exports of CKD vehicle units by 2030

Kia India has set ambitious goals to double the export of completely knocked down (CKD) vehicle units by the end…

Chery begins Ebro production in Spain

Spanish automaker Ebro-EV Motors and China's Chery Automobile have marked the commencement of vehicle production at their joint venture, Ebro…

Volkswagen CEO says layoffs and plant closures necessary for cost savings

Volkswagen CEO Thomas Schaefer has announced that the automotive giant sees no alternative to layoffs and plant closures to achieve…

Hyundai unveils new Ioniq 9 all-electric SUV

Hyundai Motor Company recently unveiled its latest addition to the electric vehicle market, the all-new Ioniq 9. The global launch…

Mercedes-Benz plans cost reductions amid industry challenges

German automaker Mercedes-Benz is taking decisive action to navigate a challenging business environment by announcing a plan to reduce costs…

Hyundai-Kia’s weak EU sales offset by strong US deliveries

Hyundai Motor Company and Kia Corporation experienced a 7.5% decrease in combined sales in the European Union (EU) in October,…

Perodua, Gentari in EV charging partnership

Perodua, Malaysia's second national carmaker, has recently announced a partnership with Gentari Green Mobility to set up EV recharging facilities…