Mercedes-Benz is set to broaden its reach in India by opening an additional 20 dealerships or service outlets in 2025, focusing on smaller cities, Reuters reported.
US-based DXC has expanded its partnership with Ferrari to develop the next generation of advanced in-vehicle infotainment systems.
Hyundai Motor announced this week that its US customers can now purchase its vehicles online through the Amazon website.
Japan’s new vehicle market finished 2024 on a weak note, with sales falling by over 9% to 329,786 units in December from 362,839 units a year earlier.
Hyundai Motor Group (HMG) has entered into a strategic partnership with US chip-maker Nvidia Corporation to develop “advanced AI technologies to drive the future of mobility”, the South Korean ...
Domestic sales dropped by 1.4% to 61,323 units in December from 62,172 a year earlier, following much sharper declines in previous months. Over the full year, the company’s domestic sales declined by ...
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber Industries (SRI).
FEV, a Germany-based engineering services provider for the automotive industry, has introduced CogniSafe, an advanced AI-supported driver monitoring system.
Renesas Electronics plans to reduce its global workforce by less than 5%, equating to fewer than 1000 jobs due to weak chip demand, reported Nikkei.
Hyundai Motor Group announced this week it is lifting its planned investments in South Korea by 19% to US$16.6bn.
Honda Motor unveiled prototypes of the first two models it plans to launch under the company’s new “0” Series battery electric vehicles.