South Korean automaker Hyundai Motor Group (HMG) announced that it plans to invest KRW 42 trillion (US$ 27.5 billion) in the next ten years to establish an advanced technology development hub in the ...

Chinese car company Chery has taken control of Nissan’s former assembly plant in Rosslyn, South Africa for an undisclosed sum.

Honda Motor has announced that it has delayed plans to make local automotive systems manufacturer Astemo Ltd a consolidated subsidiary.

BYD is nearing a decision on whether to acquire an existing car factory in Europe as it seeks to accelerate its expansion in the region. Speaking at the Reuters Automotive Europe conference in ...

US-based O’Reilly Automotive has submitted a cash offer for Genuine Parts Company’s auto-parts division. Bloomberg, citing unnamed sources, reported that the division could be worth $10bn or more in ...

The business being acquired posted revenue of roughly €200m ($227.9m) in 2025 and has a workforce of around 1,500. Credit: JHVEPhoto / Shutterstock.com Automotive parts supplier Amaneos, part of ...

BMW Group has finalised a $1.7bn investment in the US, completing the expansion of plant Spartanburg and the construction of plant Woodruff in South Carolina.

Volkswagen is assessing the closure of four factories in Germany and cuts of as many as 100,000 jobs, in what would amount to the “biggest” restructuring in the global automotive industry.

GM has struck an agreement with Micron Technology to lock in a longer-term supply of memory and storage products.

Infineon Technologies has completed its acquisition of the non-optical analog/mixed-signal sensor portfolio from ams Osram Group for €570m on a debt-free, cash-free basis.