auto

TOKYO -- Toyota is finally cutting its fiscal-year production forecast, after clinging to it for months, conceding it must trim its plan for November due to the semiconductor crunch. In abandoning its target, the automaker said it…

TOKYO -- Toyota is finally cutting its fiscal-year production forecast, after clinging to it for months, conceding it must trim its plan for November due to the semiconductor crunch. In abandoning its target, the automaker said it…

PARIS -- Chinese automakers should be subject to the same tariffs when exporting their cars to Europe as European brands face when sending their cars to China, Stellantis CEO Carlos Tavares, said. “Very simply, we should ask the European…

Chinese billionaire Li Shufu is considering boosting his stake in Aston Martin over time to foster collaboration with the struggling luxury carmaker, according to people familiar with the matter. Li, whose Zhejiang Geely Holding Group…

BERLIN -- Volkswagen Group is looking for an investor to take over its factory in Kaluga, southwest of Moscow, where production was halted soon after the Ukraine war began. VW said it is looking at various scenarios for the future of its…

LONDON -- Porsche is still talking with teams about entering Formula One after discussions with championship leaders Red Bull broke down, the governing FIA said. Porsche and Red Bull had been discussing a partnership for months but talks…

"Upon closing the ELMS transaction, the company will be in a position to strategically leverage all its acquired assets to shorten its production path and aggressively expand into the commercial and consumer EV market," David Michery, CEO…

Chinese billionaire Li Shufu is considering boosting his stake in Aston Martin over time to foster collaboration with the struggling luxury carmaker, according to people familiar with the matter. Li, whose Zhejiang Geely Holding Group…

“Some of the countries are very detailed,” Michael Shu, general manager and managing director of BYD Europe, said of offers it’s getting to help address the company’s needs for labor, land, energy, construction and an ecosystem of nearby…

GREER, S.C. — BMW is upgrading the jewel in its global manufacturing crown to position the 7-million-square-foot crossover factory for the electric era. On Wednesday, the German performance brand announced a $1.7 billion investment to…

Porsche is adding a touring variant to the 911 lineup. The 2023 911 Carrera T, where the T stands for "touring," will slot between the 911 Carrera and 911 Carrera S.It adopts the twin-turbo six-cylinder engine from the 911 Carrera that…

San Francisco: Apple supplier Foxconn's Chairman Liu Young-way noted that the company is looking at electric vehicle (EV) manufacturing as its new frontier and hopes to construct EVs for Tesla eventually. Young-way…

DETROIT -- Stellantis will need four EV battery plants in North America by 2030, the company's North American COO said on Tuesday. The automaker has already announced two joint-venture battery plants -- one in Indiana and the other in…

The Ridgeville operation, which opened four years ago and is still underutilized, currently builds just one vehicle — the low-volume Volvo S60 sedan. Late next year, it will begin assembling the EX90 large crossover. Supplying most of the…

Automakers have gone through a number of setbacks since the shock of the pandemic and the related supply-chain disruption that is now easing. There is little reprieve as increasing economic upheaval, sky-high energy prices and China’s…

BMW will stop making electric versions of Mini hatchbacks in the UK, dealing a setback to a country trying to transition its already diminished auto industry to full-electric models. Although the Mini factory near Oxford, England, will…

Some question whether a city of about 8,000 has the ready-made automotive workforce to support a plant expected to employ up to 2,350 people.

Adding the compact crossover will double Jeep's sales, a source with knowledge of the thinking among Jeep executives said. The Avenger is built on a second-generation version of the Stellantis’ eCMP electric platform that also underpins…

HANOI -- Vietnam's VinFast will recall 730 of its model VF e34 electric cars, which are available only on the domestic market, to make checks and replace their side crash sensors. VinFast, which began operations in 2019, is a unit of…

Climate activists on Sunday spray paint an Aston Martin showroom in London. The activists sprayed orange colour on the Aston Martin showroom. The activists took the action hours after they were branded as "thugs and…

LONDON -- BYD received a coveted five-star Euro NCAP safety rating for its electric Atto 3 crossover, the latest Chinese automaker to receive top marks as it seeks to gain a foothold in Europe's competitive car market. Ratings from the…

For the past two years, Lear Corp. has been stuck between the unpredictable production schedules of automakers and the volatility and demands for pricing relief from its own suppliers. To call the ongoing supply chain pressures a challenge…

BERLIN – Volkswagen Group will invest $2.33 billion and take a 60 percent stake in a new joint venture with Chinese technology company Horizon Robotics for autonomous driving software and hardware, the automaker said. The companies will…

Slowing sales helped inventory levels recover further to 1.32 million vehicles in September, a significant jump over where they were a year earlier but still historically low, according to Cox Automotive and the Automotive News Research…

ZURICH - Siemens has signed a deal with a joint venture of Stellantis, Mercedes Benz and TotalEnergies to supply equipment and technology for electric vehicle battery plants, the German engineering company said on Thursday. The joint…

The news from Tokyo came on heels of Honda’s announcement in the U.S. that it would create an electric-vehicle production hub in Ohio as it doubles down on an all-electric future. Those plans include building a battery plant with its South…

Dubai : Flying cars! Dubai recently witnessed this futuristic technology with a Chinese manufacturer made its first public flight in the United Arab Emirates. According to Khaleej Times, Chinese technology and…

Tokyo: Automaker Toyota has revealed that personal information of nearly 300,000 customers may have been exposed since July 2017. In a statement, the car maker said that e-mail addresses and customer management…

Tokyo, October 13:  A new electric car company that brings together two big names in Japanese business, Honda and Sony, officially kicked off on Thursday, with both sides stressing their common values of taking up…

The first production vehicle from Renault Group’s partnership with Zhejiang Geely Holding Group in South Korea will launch in 2024 as a midsize hybrid crossover with a fastback silhouette. Renault released a silhouette image of the…