Hyundai motor group plans to invest $16.5 BLN in S.Korea EV business Hyundai Motor Group said that it plans to invest a total of 21 trillion won through 2030 for the expansion ...
Production halt to be extended by Stellantis Stellantis will extend its planned production stoppage at its Melfi plant in southern Italy, for about one week. This stoppage ...
Covid fueled semiconductors crunch chips away at carmakers In grim warnings, major carmakers including Toyota and Volkswagen offered fresh evidence that the auto industry remains firmly in the ...
Toshiba returns to Q1 profit on demand for automotive chips Toshiba Corp said that it swung back to profit in the first quarter, as the sales of automotive chips and ...
Exclusive Hyundai to slash combustion engine line-up, invest in EVS Hyundai Motor Group will slash the number of combustion engine models in its line-up. This is to free up resources ...
Musk says Tesla new self-driving rollout could take a couple months Tesla Inc is tweaking its self-driving software to eliminate a phantom braking problem. It may soon release a significantly improved ...
Toyota forecasts profit rebound amid chip shortage Japan's Toyota Motor Corp announced a $2.3 billion share buyback. And also, they have forecasted that the annual profit will ...
Higher prices help Stellantis weather worsening chip shortage Stellantis is expected to deliver a strong performance this year because of its higher prices and robust consumer demand. Despite ...
Rolls-Royce relaunches sale of Norway based Bergen Roll-Royce is a well-versed British engineering company. Its Norwegian maritime engine unit Bergen is back on the block. And also, ...
Ferrari pushes back profit goal, but keeps electric pledge Ferrari an Italian company, even though pushed back its profit target for next year due to the delaying investments in ...