Toyota plans to produce at least 2.5 million vehicles annually in China by 2030. This significant shift will bring its sales and production operations in China…
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In October, an Indian state announced that Mercedes-Benz has enhanced its management of wastewater and air pollution at its sole car factory in the country. This…
China’s Leapmotor and its partner Stellantis announced on Tuesday that they will begin accepting orders for an SUV and a city car in the European market.…
Mercedes-Benz lowered its full-year profit margin target for the second time in less than two months. The company joins an increasing number of competitors blaming declining…
On Friday, Ford Motor announced its intention to reopen an export-oriented manufacturing facility in Tamil Nadu, India. The company might reenter a market it exited three…
Tesla contacted Ottawa and requested a lower tariff on its cars. This request came before Canada announced a 100% duty on electric vehicles built in China,…
Ola Electric surged 20%, reaching a $6.99 billion valuation, after launching motorcycles and promising lower costs with in-house batteries. The e-motorcycle launch will heighten competition in…
Ola Electric Mobility’s shares rose 20% on debut, valuing it at $4.8 billion, as investors anticipate growth in electric vehicles. The stock listed flat at 76…
On Friday, the Sweden-based automaker reported a 6% year-over-year increase in Volvo Cars’ July sales, reaching 57,447 units. This rise was primarily driven by a surge…
Toyota’s global production fell in June, marking the fifth consecutive month due to a home market scandal and China’s price war. Japan’s top automaker’s global output…