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 ...

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 ...

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 ...

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

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.

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.

China’s largest new energy vehicle (NEV) manufacturer BYD Auto, has reported a 5.5% increase in global sales to 403,472 units in June, marking the second consecutive month of growth for the company ...

Dr. Stefan Hartung is unexpectedly stepping down from his position as Bosch chairman and CEO of the board of management.

JBIC said the loan supports Isuzu’s expansion of its North American business, enhancing its competitive advantage in the North American market, strengthening the supply chain of ...

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.

AI-powered innovations crucial for Indian automotive component MSMEs to thrive in competitive market, says GlobalData ...