Manufacturing

Polestar sets growth targets with new business plan for 2025-2027

Polestar, the Geely-owned EV manufacturer, has unveiled a new business strategy aimed at achieving significant growth targets from 2025 to 2027. The company is targeting a compound annual retail sales…

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Lasted Manufacturing

Hyundai and BAIC bolster China JV with $1.1bn investment

Hyundai and BAIC, the Chinese partner of the Korean automotive company Hyundai, have made a strategic decision to invest $1.1…

SGMW begins Binguo production in Thailand

EV Primus Ltd recently commenced the assembly of the Wuling Binguo compact battery electric vehicle (BEV) at a state-of-the-art plant…

Stellantis extends production halt

Stellantis has announced an extension of its production stoppage at the Mirafiori plant in Italy, with the halt now lasting…

Mazda to freeze Mexico investments ahead of Trump policies

Mazda Motor has announced that it will be putting a hold on its investment plans in Mexico until further clarification…

Mercedes-AMG starts cold weather testing

Mercedes-AMG has embarked on cold weather testing for its upcoming high-performance electric SUV, a crucial milestone in its development journey.…

Brussels motor show – Toyota Urban Cruiser world debut

The Toyota and Suzuki alliance is set to unveil its latest product, the Urban Cruiser, at the Brussels Motor Show…

Hyundai appoints Randy Parker as CEO of Hyundai and Genesis Motor North America

Hyundai has announced the appointment of Randy Parker as the new CEO of Hyundai and Genesis Motor North America, effective…

BMW & Mini future models 2025-2035

BMW AG is demonstrating strong performance in the automotive industry, with CEO Oliver Zipse highlighting positive earnings in the current…