Manufacturing
Hyundai Glovis to install new EV fire-fighting device
Hyundai Glovis, the shipping unit of South Korean automaker Hyundai Motor Group, has announced its plans to introduce a fire suppression device specifically designed to extinguish electric vehicle (EV) battery…
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Lasted Manufacturing
EU tariffs unlikely to deter Chinese EVs from entering marketÂ
Chinese electric vehicle (EV) firms are set to maintain their competitive edge in the European Union (EU) market despite facing…
Nissan cuts stake in MMC
Nissan Motor Company has recently announced its plans to sell 149,028,300 shares in its affiliated automaker, Mitsubishi Motors Corporation (MMC).…
Bentley SUV EV in 2026
Bentley, a luxury carmaker owned by Volkswagen, has announced its plans to launch its first electric vehicle (EV), a luxury…
Audi plans job cuts
Audi, a prominent German automaker, is planning to downsize its workforce in the coming months by cutting thousands of jobs…
Hyundai Motor Europe names new president and CEOÂ
Hyundai Motor Europe (HME) has announced the appointment of Xavier Martinet as the new president and CEO, taking over from…
German automotive SMEs face economic challenges
The German automotive industry is facing a challenging year ahead, according to a recent survey conducted by the German Association…
Audi Group’s profit after tax drops 45.8% to $2.6bn in Q1-Q3 2024
Audi Group, the premium brand of Volkswagen Group, has reported a profit after tax of €2.42bn ($2.6bn) in the first…
BMW M5 Touring production
BMW Group has officially started series production of the new BMW M5 Touring at its Dingolfing facility in Germany. This…