BMW has said it would have to recall 1.5m vehicles over a braking problem, costing it almost EUR1bn (GNP0.84bn), media ...
Honda’s China sales plummeted 21.48% in the first half of 2024, the report noted, adding the automaker slashed the number of ...
Power management firm Eaton has announced a collaboration with Tesla which aims to boost the functionality and adoption of ...
Volvo has said it is increasing the use of low-CO2-emission steel in its trucks. It was one of the first truck manufacturers to introduce this type of steel in its electric trucks in 2022. The use of ...
Mobileye has announced it has chosen to end the internal development of next-gen frequency modulated continuous wave (FMCW) ...
The group’s Reliance Infrastructure unit was understood to have retained the services of Sanjay Gopalakrishnan, a former ...
Retail sales of passenger vehicles in China continued to decline in August 2024, by 1% to 1.92m units, the fifth consecutive ...
Volkswagen Group has said it is scrapping labour agreements in Germany in a move that could pave the way for job cuts at six ...
Honda is spending US$700m on retooling in Ohio while the automaker and LG Energy Solution have committed $3.5bn for the new ...
The US electrified vehicle market has transformed since the Tesla Model 3 launch in 2017. GlobalData assesses the winners and ...
In the global automotive industry, there were 2 M&A deals announced in Q2 2024, worth a total value of $24m, according to GlobalData's Deals Database.
Dacia has announced a voluntary resignation scheme aimed at reducing staff count with severance pay of up to tens of ...