Manufacturing
car plant closures 2025
Car plants in Europe and North America are facing potential closures or sales in 2025, as per a recent report by Gartner. This is primarily due to overcapacity and competitive…
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Lasted Manufacturing
SHM partners with HERE Technologies to power Afeela EV’s navigation technology
Sony Honda Mobility (SHM) has recently announced a strategic partnership with HERE Technologies, a Netherlands-based company, to incorporate advanced location…
US launches probe into 2.6 million Tesla vehicles over remote driving feature
The National Highway Traffic Safety Administration (NHTSA) has launched an investigation into 2.6 million Tesla vehicles due to reports of…
Volvo Cars’ global sales rises 8% in 2024
Volvo Cars, a Geely-owned company, has announced a significant increase in global sales for the year 2024. The total number…
Aurora announces partnerships to deploy driverless trucks in the US ‘at scale’
A strategic partnership has been announced between Aurora, Continental, and NVIDIA, with the aim of deploying driverless trucks at scale.…
NXP acquires TTTech Auto
NXP, a Dutch chipmaker, has recently announced its definitive agreement to acquire TTTech Auto, an Austrian technology firm, in an…
Hyundai Kia carbon emissions management
Hyundai Motor and Kia have recently introduced the Integrated Greenhouse Gas Information System (IGIS), a cutting-edge platform designed to manage…
US blocks Nippon Steel takeover of US Steel
The US government recently made a significant decision to block the proposed US$14bn takeover of US Steel Corporation by Japan’s…
Stellantis Comau transaction completion
Stellantis recently announced the completion of a majority investment by private equity firm One Equity Partners (OEP) in Comau, a…