UK vehicle production rose 2.7% in May to 51,178 units, according to the latest figures published today by the Society of ...

If approved, the investment would be among the first to receive clearance under rules revised by India in March. Credit: Robert Way / Shutterstock.com India is likely to approve an investment of about ...

Volkswagen Group has agreed to sell Everllence – its heavy duty diesel engine unit – to private capital firm Bain Capital. Several private equity firms were also in the running (including Blackstone), ...

South Korean EV fast-charging equipment manufacturer and network operator, Chaevi Company Ltd, has won two separate government contracts.

Marelli Holdings in talks to sell component manufacturing operations. Global automakers Nissan Motor Company and Stellantis are in talks to acquire some key manufacturing assets from Japanese ...

Nissan has reportedly abandoned plans to develop a fully electric version of the Qashqai as part of a broader cost-cutting and rationalisation effort.

Bangladesh has set out a package of tax incentives for EVs in its budget for the fiscal year starting July, covering importers, manufacturers and buyers.

Nexen Tire Corporation announced that it has signed a deal to supply tyres for two vehicle models produced by BYD Auto.

Chinese autonomous-driving company Momenta is preparing for a Hong Kong initial public offering (IPO) that could raise about $1bn.