US Steel Corporation’s logo. Nippon Steel Corporation has announced that it plans to invest US$ 3 billion to build a new hot strip steel mill in the US, as part of the Japanese steelmaker’s broader ...

About 2,000 of the planned job reductions will be in Sweden. Credit: Volvo Car Corporation (or its affiliates or licensors) Volvo Cars plans to cut approximately 2,500 jobs globally and reduce ...

FAW-VW Jetta’s first model, the battery-powered M6. FAW-Volkswagen has launched the all-new Jetta M6 four-door sedan at a marketing event in Chengdu, China, as the Sino-German joint venture looks to ...

Geely-owned Volvo Cars has expanded its partnership with Nvidia to introduce advanced automated driving systems in its next-generation vehicles. Volvo Cars will incorporate Nvidia’s artificial ...

Li Auto will keep majority control of the subsidiary and continue to consolidate its accounts. Credit: Haggardous50000/Shutterstock.com Li Auto has announced an ...

Trade union IG Metall is seeking a 5% pay increase in the forthcoming negotiations. Credit: Dmytro Stoliarenko / Shutterstock.com Volkswagen (VW) is considering a wage freeze for many of its global ...

NSK European manufacturing subsidiaries begun formal collective consultation to withdraw production from the sites. Credit: Jonathan Weiss/Shutterstock.com. Japanese automotive parts supplier NSK is ...

Mitsubishi Triton’s current version. Credit: Honda Motor Co., Ltd. and its subsidiaries and affiliates. Honda Motor and Mitsubishi Motors have signed a memorandum of understanding (MoU) to develop a ...

Geely’s popular battery-powered EX2. Retail sales of light passenger vehicles in China, including sedans, MPVs, and SUVs, plunged by 28% year-on-year to 1.603 million units in September 2026 after ...

HMG chairman Euisun Chung meets Indian Prime Minister Shri Narendra Modi Ji. South Korean automaker Hyundai Motor Group (HMG), comprising Hyundai Motor and Kia Corporation, announced that it plans to ...