Porsche’s CEO is navigating cost base restructuring as well as product and pricing decisions VW Group owned Porsche plans to raise average selling prices for its highest-end models by about 20% in the ...
Volkswagen is continuing its EV family naming strategy with its next model: following the ID. Polo and ID. Cross, the new ID. Tiguan will arrive at the markets in the beginning of 2027. The ...
Japanese component manufacturer Nidec Corporation announced a major restructuring of its manufacturing operations after disclosing accounting irregularities and material weaknesses in its internal ...
Automotive distributor Inchcape has announced that it has agreed to acquire a Volvo business in Peru and Costa Rica, and a Jaguar Land Rover business in Peru, both from Automotores Gildemeister. It ...
An independent valuation as of 31 May 2026 put the entity’s worth at 1.82bn yuan. Credit: Robert Way / Shutterstock.com ECARX Holdings has completed its purchase of the entire Flyme software business, ...
Honda’s WPT system developed in partnership with Taisei Corp. Honda R&D Company Ltd, the research and development (R&D) subsidiary of Japanese automaker Honda Motor Company, announced that it has ...
Japan’s Toyota Motor Corporation reported a 7.5% year-on-year decline in global sales to 832,618 units in August 2026, including its Lexus and Daihatsu brands. Sales in Japan rose slightly in the ...
Valeo has announced that it has been selected by Nissan as the system Tier-1 for Nissan’s next-generation ProPILOT program. Valeo says it will deliver a comprehensive hardware and software platform ...
The all-new Hyundai Tucson unveiled in New York. Hyundai Motor Company has announced that it plans to invest US$ 500 million in its Alabama plant in the US to produce hybrid powertrains and vehicles, ...
Japanese automaker Nissan Motor Company reported a 17.5% plunge in global sales to 207,162 vehicles in August 2026, including models sold under the Nissan and Infiniti brands, with sales in Japan ...
Hyundai also ran test drives featuring the All-New NEXO fuel cell vehicle. Credit: frantic00 / Shutterstock.com Hyundai Motor Group has set out plans to develop electric, hybrid, hydrogen, and ...