India is likely to approve an investment of about $370m by Geely-backed Horse Powertrain in Renault’s manufacturing business in the country, Bloomberg reported citing unnamed sources.

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.

Nissan Motor Company and Stellantis are in talks to acquire some key manufacturing assets from Japanese automotive components supplier Marelli Holdings.

Polestar will stop selling vehicles in the US from 2027 after a federal regulator rejected its application under the Connected Vehicle Rule.

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

CaoCao has partnered with May Mobility to examine the potential for large-scale robotaxi roll-out in overseas markets, beginning in Europe.

Honda, Nissan and Mitsubishi Motors are reportedly in advanced negotiations to standardise ECUs across their next-generation vehicle line-ups.

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