Manufacturing

Kia unveils the Tasman pickup truck

Kia Corporation recently unveiled its latest offering, the Tasman pickup truck, at the Jeddah International Motor Show in Saudi Arabia. This launch signifies the South Korean automaker's commitment to diversifying…

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Lasted Manufacturing

Volkswagen warning strikes Germany

Volkswagen employees in Germany have initiated warning strikes over potential mass layoffs, wage reductions, and the looming threat of plant…

Expanding the automotive ecosystem to scale software-defined vehicles

The rise of software-defined vehicles (SDVs) is reshaping the future of mobility, offering new opportunities for automakers to innovate and…

Fiat 500 EV production halt

Stellantis has announced a temporary halt in the production of the electric Fiat 500 at its Mirafiori plant in Turin,…

Volkswagen, SAIC sell stakes in Xinjiang plant

Volkswagen Group has officially announced the sale of its stake in a contentious plant located in China's Xinjiang Autonomous Region.…

Hyundai announces KRW1trn share buy-back

Hyundai Motor Company, a leading South Korean automaker, has recently announced its plans to repurchase KRW1trn (US$717m) worth of its…

VW Group and SAIC extend JV agreement period to 2040

Volkswagen Group and SAIC Motor have announced an extension of their joint venture agreement until the year 2040, signifying a…

Toyota global output decline

Toyota Motor reported a global output decline for the ninth consecutive month in October, with production in the US and…

Nissan global production decline

Nissan’s global production faced a continued decline in October, marking the fifth consecutive month of decrease, despite a production uptick…