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    From ‘eyes-off’ hype to ‘hands-free’ reality: Premium OEMs bet big on L2+
    While automakers from China to North America have publicly confirmed their intentions to pursue Level 3, others most notably the early adopter German premiums are subtly easing off their Level 3 ambitions as their latest Level 2+ systems come to market. BMW, Mercedes‑Benz and Stellantis all went to market with highly publicized Level 3 plans, and both German automakers have Level 3 systems in market today in very limited availability. But each has discovered that the combination of high cos...
    Insights
    BEV-native leadership and established OEM transition in SDV readiness
    The recent adoption by many original equipment manufacturers (OEMs) of an electrical/electronic (E/E) architecture based on zone controllers supporting a software-defined vehicle (SDV) is slowly replacing distributed electronic control architectures that rely on small pieces of control code housed and distributed widely inside isolated electronic control units (ECUs). This new approach centralizes the hardware processing and memory in fewer, more powerful control units that will house functional...
    Insights
    Thyssenkrupp Automotive Technology’s planned Hungarian operations alignment to result in loss of 200 jobs
    Thyssenkrupp Automotive Technology is realigning its operations in Hungary as part of the ongoing transformation of its international automotive business, a move expected to affect about 200 jobs. The Germany-based company employs approximately 3,000 people in Hungary. The company also announced plans to add about 60 positions in global business support functions at its Budapest, Hungary, site. In addition, thyssenkrupp Automotive Technology will establish an international test center for spr...
    News
    UAW reaches tentative four-year contract with Dauch Corp. to end strike at US plant
    The United Auto Workers (UAW) announced that it has reached a tentative four-year contract with Dauch Corp., formerly known as American Axle Manufacturing Inc., to end a 10-day strike, according to a report by The Detroit News on June 10. Nearly 1,000 UAW members went on strike at the axle supplier’s Three Rivers manufacturing plant in southwest Michigan after the union and the company failed to reach a new contract before the existing deal expired at mi...
    News
    Stellantis begins local assembly of Leapmotor EVs in Malaysia with C10 SUV
    Stellantis Malaysia has officially started local assembly of Leapmotor electric vehicles at its Gurun manufacturing plant in Kedah, Malaysia, marking a major step in the country’s push to expand its electric vehicle production ecosystem. Production of the Leapmotor C10 sport utility vehicle has commenced, while assembly of the B10 model is scheduled to begin by the end of 2026, the company said. Stellantis said it invested €2.23 million to develop the local assembly capability for Leap...
    News
    Aumovio agrees to sell Rheinböllen site in Germany to RHB-Industries
    Aumovio has agreed to sell its Rheinböllen plant in Germany to Falkensteg, a transformation consulting firm. The site will be acquired by RHB-Industries, a company newly established by Falkensteg, which will take over all assets, operations and approximately 320 employees. The transaction, subject to customary closing conditions and regulatory approvals, is expected to close by mid-2026. Both companies have agreed not to disclose the purchase price. The Rheinböllen plant manufactures brake ...
    News
    UAW workers strike at Dauch Corp’s US plant over wages and contract dispute
    On June 1, nearly 1,000 United Auto Workers (UAW) members went on strike at Dauch Corp.’s Three Rivers plant in Michigan after the union and the company failed to reach a new contract before the existing deal expired at midnight. UAW President Shawn Fain declared the walkout in a social media livestream at 10 p.m. May 31, two hours before the deadline, flanked by workers from the Three Rivers facility, Dauch’s largest manufacturing site in the state. Fain announced that UAW Local 2093 wou...
    News
    Yokohama Rubber supplies ADVAN FLEVA V701 tires as original equipment for Honda Super-ONE compact EV
    Yokohama Rubber announced that it is supplying its ADVAN FLEVA V701 tires as original equipment for the new Honda Super-ONE compact electric vehicle (EV). The Japanese automaker launched the Super-ONE compact EV in Japan in May 2026; it will be introduced gradually in the UK and several markets in Asia and Oceania. The vehicle is equipped with 185/55R15 82V tires. The ADVAN FLEVA V701 is a high-performance tire that provides sharp, sporty handling perfo...
    News
    JTEKT enters definitive agreement to transfer European automotive business to Germany-based investment firm
    On May 27, JTEKT Corp. signed a definitive agreement with LEO III.-VV25-B SAS, a Munich, Germany-based investment company, for the transfer of its automotive business for European original equipment manufacturers. The agreement includes the transfer of all shares of JTEKT's seven consolidated subsidiaries engaged in the production and sale of automotive components. The transaction is based on the basic agreement announced on Feb. 27 and will be completed subject to approvals by th...
    News
    JSW MG Motor India commences local production of 2-liter diesel powered MG Majestor SUV
    JSW MG Motor India has begun production of its new premium sport utility vehicle (SUV), the MG Majestor, at its manufacturing facility in Halol, Gujarat. The MG Majestor is the carmaker's first D+ segment SUV in the Indian market. The MG Majestor is powered by a 2.0-liter twin turbo diesel engine that produces 215.5 PS of power and 478.5 Nm of torque. Its drivetrain features an advanced four wheel drive system with ten distinct off-road modes and crawl control functionality. The manuf...
    News
    Stellantis bets €60 billion on scale, tech and tough choices in ‘Fastlane 2030’ reset
    After years of managing a sprawling portfolio that often left investors questioning brand positioning, overlap and capital discipline, Stellantis is attempting a reset. The company is restructuring how it views its stable of iconic marques—splitting them into clearly defined global and regional roles, aligning product pipelines and sales strategies accordingly, and directing investment toward the most scalable and profitable nameplates. The aim is to eliminate internal competition, reduce d...
    Briefing
    Stellantis, Jaguar Land Rover explore synergies for new product development for the US
    Stellantis and Jaguar Land Rover (JLR) have signed a memorandum of understanding (MOU) to explore opportunities to collaborate on product development in the US. The MOU is nonbinding and focuses on exploring collaboration opportunities to create synergies across product and technology development, with the aim of leveraging the companies' complementary strengths to create value for both organizations. Antonio Filosa, CEO of Stellantis, said that by working with partners to explore synergies i...
    News
    Ford Motor Co. reveals new model lineup, tech for Europe
    Ford Motor Co. has outlined a new vision for its future in Europe at a gathering of European dealers and partners, emphasizing a comprehensive product and technology rollout for commercial and retail customers over the next three years. The company's European strategy is anchored in its new Ready-Set-Ford global brand platform, focused on Build, Thrill and Adventure, with the first European campaigns under this banner launching in May. Ford Pro has evolved from a vehicle manufacturer ...
    News
    BYD hires Nissan veteran to prepare for Japanese compact EV market
    BYD is preparing to launch its Racco electric K-car in Japan this year. To execute the project, the Chinese carmaker has hired former Nissan engineer Hirohide Tagawa, reported Nikkei. The Racco is described as a compact EV designed specifically for Japan's tightly regulated K-car segment, where strict limits on vehicle dimensions, output, and taxation define one of the country's most established automotive categories. Despite these constraints, K-cars remain central to Japan's domestic market...
    News
    Stellantis signs $1.18 billion deal with Dongfeng to produce Peugeot and Jeep models in mainland China
    Stellantis NV has agreed to an 8 billion yuan ($1.18 billion) project with mainland China's state-owned Dongfeng Motor to expand the production of Peugeot and Jeep vehicles for both domestic and export markets. The Dongfeng Peugeot Citroën Automobile (DPCA) joint venture will initially produce two all-new Peugeot-branded new-energy vehicles (NEVs) at its Wuhan plant starting in 2027. These two models will be based on the latest design language of the all-new concept cars unveiled by Peugeot ...
    News
    Opel plans new all-electric C-segment SUV developed with Leapmotor
    Opel has unveiled a key project in its model strategy, a completely new, all-electric C-segment sport utility vehicle that would expand the carmaker's current portfolio. The new SUV is part of Stellantis and its Chinese partner Leapmotor's plan to deepen their strategic collaboration globally. According to the carmaker, the new electric SUV will not only serve as a blueprint for efficient global collaboration but also enable Opel to take a major strategic step forward in electrification and s...
    News
    Xiaomi's EV unit appoints new senior executives to accelerate expansion overseas
    Xiaomi's electric vehicle (EV) unit has adjusted the responsibilities of key executives as it prepares to enter overseas markets. According to a report by local media Sina Tech, Xiaomi has appointed auto division vice-president Yu Liguo as head of the overseas business preparation group, with Yu reporting to Xiaomi Group CEO Lei Jun and president William Lu. The personnel change reflects Xiaomi's ambition to enter the global EV market. Based on the company's previous strategic planning, it ex...
    News
    Geely reaches agreement to acquire Ford Motor's inactive facility in Valencia, Spain
    Chinese carmaker Geely Auto has reached an agreement to acquire the Body 3 assembly line at Ford Motor's Almussafes plant in Valencia, Spain, according to Spanish media outlet La Tribuna de Automoción. By taking over this currently inactive facility, Geely is expected to establish its own independent vehicle manufacturing operations in Europe. Geely plans to use the assembly line to produce a new energy vehicle (NEV) model based on the GEA (Global Intelligent New Energy Architecture) platfor...
    News
    CATL subsidiary CAIT partners Turkish carmaker Togg on joint development of chassis platform
    Contemporary Amperex Intelligent Technology (Shanghai) Limited (CAIT), CATL's skateboard chassis arm, has entered into a strategic partnership with Turkish automotive brand Togg to jointly develop a chassis platform for Togg's new B-segment vehicle family. This collaboration, announced on April 29, 2026, marks the first overseas passenger vehicle project for the platform. Under the agreement, CAIT will provide its Bedrock Chassis technology and engineering expertise, working with Togg to co-d...
    News
    Auto China 2026: Hyundai plans to launch 20 new BEVs and EREVs in mainland China over next 5 years
    South Korean carmaker Hyundai plans to regain lost market share in the world's largest electric vehicle market by implementing an aggressive localized product road map. At Auto China 2026, Hyundai announced that it will make a full push into mainland China's new-energy vehicle (NEV) sector, with a focus on its Ioniq brand. According to the company, it plans to roll out 20 new battery-electric vehicle (BEV) and extended-range electric vehicle (EREV) models in mainland China over the next five ...
    News
    Auto China 2026: Marelli showcases active suspension innovations that enhance vehicle safety, performance, comfort and user experience
    At Auto China 2026, being held in the New China International Exhibition Center (NCIEC) in Beijing, Marelli is highlighting how vehicle dynamics and advanced suspension technologies are becoming increasingly central to vehicle safety, performance, user experience, comfort and brand differentiation, while also supporting the evolution toward software-defined vehicles (SDVs). At its booth, the company is showcasing suspension and chassis innovations, including the new Active Ca...
    News
    Auto China 2026: Nexteer presents market-ready EMB system after completing development and validation
    Nexteer Automotive announced that its Electro-Mechanical Brake (EMB) is now ready for market after completing development and validation. Following its debut at Auto Shanghai 2025, EMB has reached maturity for mass production, enabling Nexteer to offer full Motion-by-Wire capabilities, including steer-by-wire and brake-by-wire. Over the past year, Nexteer has advanced product design, production line development and supply chain integration, achieving seamless collaboration across al...
    News
    GAC Aion launches electric sedan RT Super with CATL battery-swap technology
    GAC Aion has launched a new electric sedan named the RT Super, which is built on CATL's Choco-SEB battery-swap solution. The model is priced from 88,800 yuan (about $13,000) under a battery rental scheme that separates ownership of the vehicle body from the battery to lower the initial purchase price for consumers. Unlike Nio, where the vehicles offer a battery rental option or a complete car including the battery, the RT Super is not offered with a battery pack. RT Super owners can comple...
    News
    Ford Motor Co. restructures EV division, Doug Field to depart in May
    Ford Motor Co. announced it is setting up a new end-to-end organization, Product Creation and Industrialization, to support one of the most extensive rollouts of products, software and services in the company's history. The new structure integrates Ford's Electric Vehicle, Digital and Design teams with its global Industrial System and is described as a key lever in achieving the Ford+ objectives, including a target of an 8% adjusted earnings before interest and tax margin by 2029. Jim Farl...
    News
    Hyundai Mobis plans new investment in Nuevo Leon, Mexico
    Hyundai Mobis will invest 1 billion pesos (nearly $57.6 million) in Nuevo Leon, Mexico, to expand technology operations focused on autonomous driving, semiconductors and vehicle electrification, Mexico Business News reported April 10. The project is expected to generate approximately 250 jobs and reinforce Mexico's role within global automotive supply chains undergoing rapid technological transformation. The announcement was made by Samuel García Sepúlveda, governor of Nuevo ...
    News
    BMW prepares its Munich plant to produce all-electric i3 sedan
    BMW Group Plant Munich is nearing a major milestone in its transformation, with the start of series production of the BMW i3, the second model in the Neue Klasse range. The production is scheduled to start in August. This marks the beginning of the rollout of the Neue Klasse within the BMW Group's global production network. Milan Nedeljković, member of the BMW AG management board, Production, said that the BMW iFACTORY provides a consistent, strategic framework for production, suppor...
    News
    Jaguar Land Rover, Chery revive Freelander as independent EV brand in mainland China
    The joint venture between Chery Automobile and Jaguar Land Rover (JLR) announced the revival of the Freelander brand, unveiling an aggressive product road map aimed at mainland China's luxury electric vehicle market. At an event in Shanghai on March 31, Freelander was elevated to an independent brand that will roll out six EV models over the next five years, averaging one new vehicle every six months, with the first model slated to debut in mainland China in the second half of 2026. To suppor...
    News
    Kia commences production of all-electric EV2 in Europe
    South Korean carmaker Kia has begun production of the EV2, its second fully electric vehicle to be assembled in Europe, marking another step in Kia's electrification strategy for the region. The B-segment sport utility vehicle is being assembled at Kia Slovakia following a modernization program on the production lines that was completed in 2025. Soohang Chang, president and CEO at Kia Europe, said the start of production for the EV2 continues to verify the company's technical cap...
    News
    Stellantis production disrupted by dispute with chassis module supplier ZF over payments
    A payment dispute between Stellantis ZF Chassis Modules (Windsor) has halted production at Stellantis' Toluca plant in Mexico for over two weeks and is threatening the automaker’s operations in Canada, CBT News reported March 27, citing a lawsuit filed by the Germany-based supplier in Michigan, US. Stellantis said the Toluca facility, which produces the Jeep Compass and Cherokee sport utility vehicle, has been shut down since March 14 after the supplier stopped shipping suspension modules a...
    News
    CLEPA survey shows automotive suppliers face higher profitability challenges in 2026
    Nearly one in four automotive suppliers in Europe expects to report losses in 2026, the European Association of Automotive Suppliers (CLEPA) reported in its Spring 2026 Pulse Check survey. According to the survey, 76% of automotive suppliers anticipate profitability below the sustainable level of 5%, a slight decline from the 70% noted in the previous survey in autumn 2025. Additionally, the percentage of suppliers expecting negative profitability has risen to 24%, up from 15%.  To manag...
    News
    Polestar secures $300 million in new equity investments
    Polestar announced March 16 that it has secured $300 million in equity investments from a group of purchasers, including Crédit Agricole CIB, Vida Finance SA, Innovator Ltd., and Proximastar Holdings Co. Ltd. As part of this arrangement, the purchasers have entered a put option deal with a subsidiary of Geely Sweden Holdings AB, allowing them an exit option with guaranteed returns in three years. These arrangements mirror previous equity financing agreements from December 2025 and February 2...
    News
    Honda scraps development of three EV models slated for production in North America
    Honda Motor Co. Ltd. has scrapped three planned electric vehicle models in North America as part of a reassessment of its electrification strategy due to the recent changes brought by the evolving policy landscape in the US.  This decision will lead to expected losses in the company's consolidated financial results for the fiscal year ending March 2026. The cancellation follows a strategic shift toward EVs, initially driven by a commitment to achieve carbon neutrality by 2050 and aligned...
    News
    Aisin unveils 2028 Medium-Term Management Plan targeting 6.2% of operating profit margin and 10% of return on equity by FY 2028/29
    On Feb. 19, Aisin Corp. unveiled its 2028 Medium-Term Management Plan to ensure sustainable growth beyond 2030, in line with its Medium- to Long-Term Business Strategy. Amid global uncertainty and shifting market trends, the Japanese supplier aims to transform into a company that realizes the full value of movement by leveraging its manufacturing expertise, extensive product range and integrated global production network. The three-year plan, which will guide the Japanese supplier t...
    News
    JTEKT signs basic agreement to transfer European automotive OEM business to LEO III.-VV25-A GmbH
    JTEKT Corp. has reached a basic agreement to transfer its European automotive business for original equipment manufacturers to Germany-based investment vehicle, LEO III.-VV25-A GmbH, an entity advised by DUBAG Investment Advisory GmbH. This agreement involves transferring the operations of the Japanese supplier’s loss-making European OEM business, including all shares of its seven consolidated subsidiaries engaged in the manufacture and sale of automotive components. As outlined in JTEKT's ...
    News
    Apollo Tyres opens outdoor tire testing facility in Finland
    On Feb. 24, Apollo Tyres inaugurated its dedicated outdoor tire-testing facility in Ivalo, Finland, marking a significant step in its commitment to improving the performance of winter and all-season tires. The facility, developed under a long-term agreement with the automotive testing and certification organization UTAC, became fully operational in December 2025 and held a formal opening this week. The testing facility includes snow and ice tracks that replicate real-world winter conditions, ...
    News
    ZF Group aims to double revenue in India by 2030
    ZF Group plans to at least double its revenue in India by the end of 2030, according to CEO Mathias Miedreich, Autocar Professional reported Feb. 23. Miedreich described India as both a growth market and a global sourcing and export base for the group. He emphasized India's central role in achieving this goal, supported by growth across the automotive, rail, agriculture, construction and defense sectors. “Minimum double our revenue in India. That's the goal that Akash [Akash Passey, pr...
    News
    Dana names Byron Foster next CEO, effective July 1; R. Bruce McDonald to remain chairman
    Dana Inc. has appointed Byron Foster as its next CEO, replacing R. Bruce McDonald, from July 1. McDonald, who has been Dana’s chairman and CEO since 2024, will maintain his position as chairman of the board of directors. Foster, currently serving as senior vice president and president of Light Vehicle Systems, Dana's largest business unit, joined the US-based company in 2021. Under his leadership, the Light Vehicle Systems unit has experienced significant sales growth and improved profit ma...
    News
    Stellantis takes a €22 billion hit on EV strategy reset
    Soon after Ford Motor Co. and General Motors (GM) wrote off billions of dollars due to scaling back their respective electric vehicle development plans, Stellantis announced it will take a staggering €22.2 billion hit to its balance sheet amid fading global demand for battery-electric vehicles (BEVs). The announcement came after the carmaker conducted a thorough assessment of its strategy and related costs to align its product development with real-world customer demand. The transition t...
    Briefing
    Nearly half of auto parts exports from India to US to attract zero duty, says Indian Minister of Commerce and Industry
    The bilateral trade agreement finalized between India and the US will see nearly half of auto parts exported to the US attracting zero duty, Autocar Professional reported, citing Indian Minister of Commerce and Industry Piyush Goyal. “Some auto parts exports will attract zero duty, while others will face an 18% tariff. Around 50% of exports will be duty-free,” Goyal said on Feb. 7.   Before the deal, Indian auto component exports to the US were subject to an average tariff of about&n...
    News
    Hyundai Mobis secures record new business orders from non-Hyundai Motor Group customers worth $9.17 billion in 2025
    In 2025, Hyundai Mobis won new business orders worth $9.17 billion from global automakers, excluding Hyundai Motor Group, which owns Hyundai Motor and Kia, surpassing its own target by 23%. This achievement was driven by substantial new orders for electrification components, an expanded supply of high-value-added electronic components, and proactive market entry into emerging economies such as mainland China and India. These results are notable given the revisions many global automakers hav...
    Briefing
    SIAT 2026: Schaeffler India presents electrification and smart mobility solutions
    Schaeffler India Ltd., the Indian subsidiary of Germany-based motion technology company Schaeffler, is participating in the Symposium on International Automotive Technology (SIAT) 2026, held Jan. 28–30 in Pune, Maharashtra. The company is displaying next-generation technologies for the Indian automotive industry. Schaeffler is showcasing various solutions, including electrification technologies such as drives, motors and modules; efficient powertrain solutions for internal combustion engine...
    News
    Aumovio plans strategic realignment of global R&D activities, move to result in loss of 4,000 jobs
    Aumovio, the Germany-based company formed after the spinoff of Continental’s Automotive Group business in 2025, has announced a strategic realignment of its global research and development activities to ensure its competitiveness amid challenging business conditions. As part of this realignment, the company will focus its R&D expenditures on value-creating technologies, intensify development partnerships, and implement additional efficiency measures. Aumovio has also reaffirmed its goal to...
    News
    ZF Group launches electric park brake production line in India
    ZF Group has inaugurated an electric park brake (EPB) production line at its Oragadam manufacturing facility in Tamil Nadu, India, thereby expanding into the full industrialization of electronically controlled braking systems in India for passenger cars. The line has an annual production capacity of 800,000 units and is supported by a growing Indian supplier network for precision components. ZF is supplying EPB systems, which are featured in newly launched all-electric passenger vehicles...
    News
    Xpeng plans to set up overseas supply chains teams to advance its global production network
    Xpeng plans to establish independently operated overseas localized supply chain teams in European and Association of Southeast Asian Nations markets by 2026, following its 2025 launch of local production in Europe and Southeast Asia. This initiative aims to enhance overseas supply resource deployment, improve supply chain responsiveness and support Xpeng's strategy for local production abroad. The company has accelerated its international market expansion over the past two years and aims...
    News
    China Automotive Systems unveils five-year strategic plan, targets sales to surpass $2.9 billion by 2030
    China Automotive Systems Inc. (CAAS) has announced a five-year strategic plan, the Hubei Henglong Enterprise Group 2026–2030 Strategic Plan, starting Jan. 1, 2026. The strategic plan is expected to guide the mainland China-based supplier in becoming a benchmark in global automotive intelligent steering systems by 2030. The plan emphasizes a core strategy of technology leadership and expanding global presence, with the overall objective described as "23144." This objective includes surpass...
    News
    Lithium Royalty Corp. acquires 1.5% royalty on Goulamina project in Mali for A$40 million
    Lithium Royalty Corp. (LRC) has entered into a definitive agreement to acquire a 1.5% Trailing Product Sales Fee (TPSF) royalty on the Goulamina lithium project in Mali from Leo Lithium Ltd. for A$40 million. The Goulamina project is operated by Ganfeng Lithium Co. Ltd., a significant player in the lithium market, and is expected to produce up to 500,000 metric tons of spodumene concentrate per annum. The transaction is structured to be completed in two phases, with the initial payment of A$2...
    News
    Zeekr delists from NYSE, completes merger with Geely
    Zeekr Group has finalized its merger with leading mainland Chinese automaker Geely Automobile Holdings, becoming a wholly owned subsidiary of the latter and ceasing to be a publicly traded company. Following the merger, Zeekr has requested the NYSE to suspend trading of its American Depositary Shares (ADS) by Dec. 22, 2025, and to notify the SEC of its delisting and deregistration of securities. This merger is part of Zhejiang Geely Holding Group's broader restructuring strategy, which aims t...
    News
    Hyundai Motor appoints Manfred Harrer as the president and head of R&D division
    Hyundai Motor Group has announced executive appointments for 2026, aiming to accelerate its transformation into a software-driven mobility group and bolster its leadership in technology and research and development. The appointments focus on promoting experts in key business areas to address global uncertainties. Manfred Harrer will become president and head of the R&D Division, enhancing Hyundai's software-defined vehicle  (SDV) competitiveness through collaboration in software domains...
    News
    US Justice Department settles import tariff dispute with Wanxiang America
    The US Justice Department (US DOJ) has reached a settlement with Wanxiang America, a wholly owned subsidiary of mainland China-based auto parts supplier Wanxiang Group Corp., Reuters reported Dec. 18. This settlement concerns import tariffs on wheel hub assemblies and other parts imported from mainland China over a five-year period. The US government alleged that Wanxiang America had incorrectly classified its imported wheel hub assemblies and failed to disclose that these parts were subject ...
    News
    Nissan begins production of third-generation LEAF EVs in the UK
    Japanese automaker Nissan has commenced production of its third-generation LEAF electric vehicles at its Sunderland-based manufacturing plant in the UK, bringing its EV36Zero plan to life, the company announced Dec. 16. Nissan first launched its ambitious EV36Zero plan in July 2021. The plan committed an investment of £1 billion in Sunderland to establish the company’s flagship EV manufacturing hub based on sustainability guidelines. The EV36Zero plan included setting up a highly auto...
    Briefing
    Nexteer organizes Global Strategy Summit in mainland China
    Nexteer Automotive held its Global Strategy Summit in Suzhou, mainland China, highlighting its dedication to leveraging the rapidly evolving market to enhance innovation, agility and supply chain resiliency. This was the first time the US-based automotive supplier held its annual event in mainland China, reflecting Nexteer's effort to align globally and support original equipment manufacturer customers amid accelerated market transformations. Li Jun, senior vice president, chief strategy offi...
    News
    Rimac Technology confirms developing solid-state battery for Bugatti, aims for launch by 2030
    Rimac Technology, a division of the Croatian carmaker Rimac Group, is developing a solid-state battery for Bugatti, Autocar magazine reported Dec. 9, citing an interview with Nurdin Pitarevic, COO of the company. Pitarevic said that Rimac Technology is already well advanced in developing a new range of solid-state batteries. The company is collaborating with cell-maker ProLogium and Mitsubishi, aiming for market release late in the decade. Pitarevic anticipates the first application of these bat...
    News
    Superior Industries completes acquisition by term loan investors, appoints new CEO
    Superior Industries has completed the acquisition by a group of its term loan investors, including Oaktree Capital Management. This transaction involves converting a significant portion of the investors' term loans into equity and terminating the company's preferred stock, effectively creating a robust capital structure to enhance long-term growth in the global wheel industry. As part of this development, Majdi Abulaban has resigned as CEO of Superior Industries with immediate effect. The US-...
    News
    General Motors begins production of all-new Chevy Spark electric utility vehicle in Brazil
    General Motors (GM) has started production of the all-new Chevy Spark electric utility vehicle (EUV) at Comexport's Planta Automotiva do Ceará (PACE) in Horizonte, Ceará, Brazil. The plant, which is contracted by GM Brazil, will assemble Chevrolet's zero-emissions crossover. The inauguration ceremony was attended by Brazilian President Luiz Inácio Lula da Silva. GM South America President Santiago Chamorro emphasized that this move aligns with Brazil's competitiveness, technology a...
    News
    Ford signs pact with Renault on joint development of electric cars and commercial vehicles for Europe
    Announcing its strategy for the European market, Ford Motor Co. has signed a strategic partnership with French carmaker Renault Group to jointly develop electric passenger cars and electric commercial vehicles.  Ford said that its strategy for Europe is structured around three main pillars: Bolstering the successful Ford Pro Commercial Vehicle division, expanding the Ford passenger car lineup with new vehicles, and optimizing the industrial system for scale and efficiency. ...
    News
    CES 2026: Hyundai Mobis to showcase over 30 advanced mobility technologies
    Hyundai Mobis is set to present over 30 advanced automotive technologies at the Consumer Electronics Show (CES) 2026 event in Las Vegas, scheduled from Jan. 6 to 9, 2026. The leading automotive supplier from South Korea will operate its booth as a private exhibit for invited customers, focusing on meaningful business opportunities with key North American clients. Under the theme Layer of Progress, Hyundai Mobis aims to showcase how its technologies connect and evolve, highlighting innovations...
    News
    Astemo Americas opens new sales and engineering office in Ohio, US
    Astemo Americas, a wholly owned subsidiary of Japan-based automotive supplier Astemo, announced the opening of a new sales and engineering office in East Liberty, Ohio, US. The facility is located next to an independent test course operated by Transportation Research Center Inc. and is designed to enhance local technical development and collaboration with customers. The new office will function as both a sales office and a development site, featuring office space for employees and two garage ...
    News
    Nexteer Automotive launches APAC Smart Manufacturing Project in Suzhou, mainland China
    Nexteer Automotive has commenced the APAC Smart Manufacturing Project at Suzhou Industrial Park in Suzhou, Jiangsu Province, mainland China, to enhance its smart manufacturing capabilities and operational agility. This development follows the signing of a memorandum of understanding in September and represents progress toward a more integrated production footprint. The project reflects Nexteer's commitment to innovation, quality and sustainable development in mainland China and the Asia-Pacific ...
    News
    Gestamp reports improved profitability in first nine months of 2025 despite automotive sector challenges
    Gestamp reported third-quarter financial results on Nov. 4, achieving improved profitability despite challenges in the automotive sector and adverse foreign exchange rates. The company generated €8.5 billion in revenue in the first nine months of the year, impacted by unfavorable foreign exchange rates, but maintained an EBITDA of €937 million with an 11% margin, excluding the Phoenix Plan, its three-year restructuring plan to enhance profitability in the United States-Mexico-Canada Agr...
    News
    US aftermarket player First Brands files for Chapter 11 bankruptcy
    First Brands, the Ohio, US-based automotive-parts maker owned by Patrick James, has filed for Chapter 11 bankruptcy protection, weighed down by debt from years of acquisition-driven expansion and mounting financial strain. The filing, made in the Southern District of Texas, lists liabilities of more than $10 billion against assets of $1 billion-$10 billion. The company has secured $1.1 billion in debtor-in-possession financing from first-lien lenders to maintain operations, stressing that the...
    Briefing
    Schaeffler aims to become leading motion technology company; sets financial target to double EBIT margin to 6-8% by 2028
    On Sept. 16, Schaeffler hosted a Capital Markets Day in Frankfurt, Germany, the first after the acquisition of Vitesco Technologies. CEO Klaus Rosenfeld, along with other executives, outlined its strategic vision to become a leading motion technology company. The integration of Vitesco has bolstered Schaeffler's portfolio, especially in power electronics, electronic control units and sensors, aiming to solidify its position as a top global player across the ...
    Briefing
    Amazon tests General Motors’ BrightDrop electric vans as part of its plan to induct 100,000 electric delivery vehicles by 2030
    Amazon is testing General Motors' (GM) BrightDrop electric vans as part of its initiative to introduce 100,000 electric delivery vehicles by the end of the decade. The testing involves slightly more than a dozen vans, which are added to a fleet that already includes electric vehicles from Rivian. In 2023, GM sold 12 of its 2024 model BrightDrop vans to Amazon. Despite this testing, Amazon's partnership with Rivian remains unchanged, according to spokesperson Steve Kelly. Amazon holds a 16%...
    News
    IAA Mobility 2025: BYD plans to manufacture Dolphin Surf EV at its upcoming factory in Hungary
    BYD plans to build its first electric vehicle manufacturing plant in Hungary, the leading Chinese EV and battery manufacturer announced on the sidelines of the ongoing IAA Mobility 2025 in Munich. BYD Executive Vice President Stella Li revealed developments for the Dolphin Surf, a compact EV that recently received a five-star safety rating from the European New Car Assessment Program (EuroNCAP). This model will be the first to be produced at BYD's new factory in Szeged, Hungary. The comp...
    News
    IAA Mobility 2025: Hyundai Mobis showcases technologies; sets goal to become global top-3 automotive supplier
    Hyundai Mobis is showcasing its advanced technologies at IAA Mobility 2025 in Munich for the third consecutive year. This year, the South Korean supplier has emphasized three innovation keywords: Sustainable Electrification, Optimized Integration of Functions and Maximized In-Vehicle User Experience. The company is showcasing its technological innovations that are leading the advancement and change of future mobility to the European market. During a media session at the event, ...
    News
    Toyota to invest €680M at its Czech plant to produce a new BEV, build a new battery assembly facility
    Prime Minister of the Czech Republic Petr Fiala, Minister of Industry and Trade Lukáš Vlček, and Toyota Motor Europe President Yoshihiro Nakata announced the production of a new battery-electric vehicle (BEV) at Toyota Motor Manufacturing Czech Republic (TMMCZ), according to a Sept. 3 press release. This marks a significant milestone as it is the first BEV to be produced in one of Toyota's European plants. The TMMCZ plant in Kolin will be expanded from 152,000 square meters to 173,000 s...
    News
    IAA Mobility 2025: Hyundai Mobis to showcase future mobility technologies
    Hyundai Mobis is participating in IAA Mobility 2025 Europe to showcase its future mobility vision and technological strategy. The company aims to demonstrate its technological competitiveness in Europe using its next-generation core technologies, which include electrification and electronics, with the goal of translating this into global core technology orders. Under the theme Deeper Look to Progress, Hyundai Mobis is presenting its technological innovations to advance future mobility to the Eur...
    News
    Aumovio appoints Jutta A. Dönges as new CFO
    Jutta A. Dönges is set to join the executive board of Aumovio SE as the CFO, latest by March 1, 2026, Continental said in a press release on Aug. 28. Dönges will take over from Philipp von Hirschheydt, the designated CEO of Aumovio, who is also serving as the interim CFO of the company. Aumovio's supervisory board has appointed Dönges as CFO for a period of three years. She is working as CFO of Uniper, a Germany-based multinational energy company. Dönges, a graduate of...
    News
    Rane Holdings invests $5.7 million in Rane Steering Systems for growth and operational needs
    Indian supplier Rane Holdings Ltd. has invested an additional 500 million rupees (about $5.7 million) in its wholly owned subsidiary, Rane Steering Systems Private Ltd., to support its operational and capital expenditure requirements and potential future growth. The investment was made through the allotment of 2 million equity shares priced at 250 rupees each, raising Rane Steering Systems' paid-up capital from 179 million rupees to 199 million rupees. Despite the increased funding, Rane Stee...
    News
    Continental plans to spin off automotive group amid strong Q2 2025 earnings
    Continental demonstrated resilience in the second quarter of 2025, with notable improvements in the Automotive group sector's earnings compared to the previous year and the start of 2025. Despite challenges from tariffs and exchange rates, the Tires group sector maintained a strong double-digit adjusted EBIT margin, while ContiTech increased its adjusted EBIT margin compared to the first-quarter. The company intends to further enhance the Tires and ContiTech sectors in the latter half of the yea...
    News
    IAA Mobility 2025: Continental to debut AUMOVIO brand to showcase innovative automotive technologies
    Continental's Automotive group sector will debut under the new independent company name AUMOVIO at the IAA Mobility in Munich from September 9-12, 2025, with a press day on September 8. This event will allow visitors to see the latest technology innovations across four industry themes: safe, inspiring, connected, and autonomous. AUMOVIO represents the consolidation of Continental's automotive expertise into a new technology and electronics company focused on key technologies, as explained by AUM...
    News
    ZF board, employee representatives agree on future of ZF’s Car Driveline Technology division
    On the sidelines of the ZF supervisory board meeting on July 30, a significant agreement was signed between the ZF board of management and employee representatives. The agreement initiates an independent and confident restructuring of ZF's Division E, which oversees electrified drive technologies. The agreement was signed by Barbara Resch, district manager of IG Metall Baden-Württemberg; Achim Dietrich, chairman of the ZF General Works Council; Mathias Miedreich, ZF board member re...
    News
    Bosch to cut 1,100 jobs at German plant amid challenging business environment in Europe
    Bosch plans to restructure its Reutlingen plant in Germany, potentially cutting up to 1,100 jobs by 2029, Mint reported on July 22. The layoff will affect approximately one-tenth of the workers at the site, including those involved in the assembly line and back-office roles. The decision is attributed to intense competition within the European market for steering systems, particularly from Chinese manufacturers, which has been challenging German car manufacturers...
    News
    Yokohama Rubber supplies 20-inch ADVAN Sport V107 tires for Mercedes-AMG CLE 53 coupe
    Yokohama Rubber announced that it is supplying 20-inch ADVAN Sport V107 tires as original equipment (OE) for the new Mercedes-AMG CLE 534MATIC+ coupe, starting June. The coupe will be fitted with the innovative tires in size 265/35ZR20 (99Y) in the front and 295/30ZR20 (101Y) in the rear. Yokohama Rubber has been supplying 19-inch ADVAN Sport V107 tires for this model since 2024. The ADVAN Sport V107 tire is an ultrahigh-performance (UHP) tire under Yokohama's ADVAN brand and is aimed at...
    News
    BYD prioritizes operations in Turkey, delays mass production of EVs in Hungary
    Mainland Chinese electric-car maker BYD is delaying mass production at its Hungarian electric vehicle plant and is instead opting to expedite production operations at its Turkish facility, primarily due to cost factors. The company's Hungarian plant in Szeged, valued at €4 billion, is set to commence mass production in 2026, operating below its initial capacity for the first two years. Initially, the plan was to manufacture 150,000 units per annum, but production for 2026 is expected to be ...
    News
    Bridgestone sells carbon black business in Thailand to Tokai Carbon
    Bridgestone Corp. has reached an agreement to sell the carbon black business in Thailand, operated by the wholly owned subsidiary Bridgestone Carbon Black (Thailand) Co. Ltd., to Tokai Carbon Co. Ltd. and Thai Tokai Carbon Product Co. Ltd. According to the Japanese tiremaker, the divestment is its strategy to enhance its global business by “turning changes into opportunities” and focusing on “growth with quality.” Bridgestone aimed to improve its premium tire business by increa...
    News
    Gabriel India outlines comprehensive restructuring plan to become diversified auto parts supplier
    On June 30, Gabriel India Ltd., the flagship company of the Anand Group, announced a restructuring to transform from a single-product suspension manufacturer into a diversified automotive components supplier, according to a report by the Hindu Business Line. This restructuring involves the merger of Anchemco India Private Ltd. with Asia Investments Private Ltd. (AIPL), followed by the demerger of AIPL’s automotive operations into Gabriel India. As part of this scheme, Gabriel Indi...
    News
    Thyssenkrupp Automotive Technology unveils new structure for future growth
    Thyssenkrupp Automotive Technology is set to implement a new customer- and technology-oriented structure with four distinct business units, effective Oct. 1, 2025. This realignment aims to position the segment for profitable growth and capital market readiness, specifically targeting the demand in the mainland Chinese market and the shift toward electromobility. The newly structured business units will focus on chassis, components, aftermarket, and forging, while enhancing customer focus and ...
    News
    Benteler Group begins construction on new automotive plant in Morocco
    As reported in a press release on June 25, the Benteler Group has commenced the construction of a new automotive plant in Kenitra, Morocco. Mr. Ryad Mezzour, Minister of Industry and Trade of the Kingdom of Morocco, attended the groundbreaking ceremony. The company plans to invest a significant mid-double-digit million euro amount during the ramp-up phase, with production scheduled to begin in 2026. The new manufacturing facility is expected to create more than 300 direct jobs and pote...
    News
    Capital Market Day 2025: Continental confirms plan to sell ContiTech sector in 2026; revises FY2025 financial outlook
    At its Capital Market Day in Frankfurt, Germany, held on June 24, Continental confirmed the planned sale of its ContiTech group sector. This will transform Continental, which is on track to spin off its Automotive group sector into an independent public company by September 2025, into a pure-play tire company. The sale, pending approval from Continental’s supervisory board, is scheduled for 2026, following the sale of ContiTech's Original Equipment Solutions (OESL) business area later in 2025....
    Briefing
    Xiaomi secures new land parcel in Beijing for its EV manufacturing plans
    Xiaomi Jingxi Technology Co. Ltd., a subsidiary of Xiaomi, has acquired a new land parcel in Beijing's Yizhuang area for 635 million yuan (about $88.39 million). The land spans 485,133.91 square meters and is leased for 50 years. The land parcel is strategically located next to Xiaomi's existing electric vehicle factory and will be used for a new-energy intelligent connected vehicle manufacturing project. Xiaomi, which announced its entry into the automotive sector in March 2021, had signed a...
    News
    Private equity firm Mutares to acquire Continental's drum brakes site in Italy
    On June 18, Mutares signed an agreement to acquire Continental's drum brakes manufacturing plant and research and development facility in Cairo Montenotte, Italy. As part of the agreement, the Germany-based private equity firm will take over all Continental employees and business activities at the Cairo Montenotte site. The acquisition's conclusion is contingent upon customary closing conditions and approvals and is expected to be finalized in the fourth quarter of 2025. The Cairo M...
    News
    Marelli gains interim court approval to access up to $519 million of debtor-in-possession financing
    Marelli Holdings has received interim approval from the US Bankruptcy Court for the District of Delaware to access up to $519 million out of a total $1.1 billion in debtor-in-possession financing. This approval pertains to Marelli's First Day motions related to its voluntary Chapter 11 petitions. Marelli filed for Chapter 11 bankruptcy protection to restructure its long-term debt on June 11. The secured financing, along with revenue from Marelli's ongoing operations, is intended to provi...
    News
    Continental shifts focus to passenger car and light truck tires in India
    Continental announced a strategic shift in its product portfolio in India and plans to focus only on the Passenger Car and Light Truck tire (PLT) business. As part of this transition, the Germany-based tiremaker will cease its Truck and Bus Radial tire (TBR) operations in the country. The company will also close its TBR manufacturing line at the Modipuram tire plant in Meerut, Uttar Pradesh. This strategic shift is intended to ensure the long-term viability of Continental Tires' ope...
    News
    Hyundai plans local EV production in Turkey by 2026
    South Korean carmaker Hyundai is planning to commence local production of its first electric vehicles in Turkey by August 2026 at its plant in İzmit, Kocaeli. This initiative aims to position Hyundai as the first automaker to sell locally manufactured 100% electric cars in the country, succeeding Togg. Hyundai's existing İzmit facility, which exports 85% of its output to Europe, will see a reduction in its production capacity from 245,000 units in 2024 to 190,000 units in 2025 to accommodat...
    News
    Thyssenkrupp transitions to strategic holding company with independent business segments
    The executive board of thyssenkrupp is developing a strategic target model for the future course of the entire group and plans to submit it to its supervisory board before the end of the current financial year 2024/25, ending Sept. 30, 2025. As part of the plan, the Germany-based company — with business interests from automotive to chemicals to oil and gas to shipbuilding — is gearing up to transition into a strategic holding company with independent business segment...
    Briefing
    Kumho Tires suspends manufacturing operation at South Korean plant after massive fire
    Kumho Tire suspended operations at its Gwangju facility in South Korea following a fire that ravaged 50-60% of the production lines in one of its key buildings, The Korea Economic Daily reported May 18.  The fire ignited around 7 a.m. on May 17 in the section of the second building where raw rubber is mixed with chemical compounds, as reported by the National Fire Agency. The blaze was brought under control by the afternoon of May 18, resulting in injuries to one individual and two ...
    News
    About 92% of auto parts produced in Mexico comply with USMCA requirements, says INA
    According to Gabriel Padilla, general director of the National Auto Parts Industry (La Industria Nacional de Autopartes: INA), the association of automotive components suppliers in Mexico, about 92% of auto parts manufactured in the country comply with the US-Mexico-Canada Agreement (USMCA) regulations, allowing them to be exempt from tariffs when exported to the US. The remaining 8% face an average tariff of 27%. “We are one of the sectors with the highest level of compliance with the USMC...
    News
    Mitsubishi to launch next-generation Nissan Leaf-based battery-electric vehicle in North America in 2026
    Mitsubishi Motors North America, Inc. (MMNA) announced, as part of its Momentum 2030 strategy for the US market, plans to introduce a new battery-electric vehicle (BEV) from its partner, Nissan Motor Co. Ltd. This BEV will be based on the next-generation Nissan LEAF and sold alongside Mitsubishi's Outlander Plug-in Hybrid, the first plug-in hybrid sport utility vehicle. The launch aligns with Mitsubishi's plan to introduce a new or significantly revised vehicle annual...
    News
    Geely proposes to delist Zeekr a year after it went public in the US
    Geely Automobile Holdings is proposing to take its premium electric vehicle unit Zeekr private, a year after Zeekr's public debut in the US. Geely has submitted a non-binding offer to Zeekr on May 7 to acquire all issued and outstanding shares and American depositary shares (ADS) at $2.57 per share or $25.66 per ADS. According to the company, this offer represents a 13.6% premium to Zeekr's recent closing price in the US and a 20.0% premium to its volume-weighted average price over ...
    News
    Continental names Automotive Group Sector business as Aumovio
    Continental has decided to name its Automotive Group Sector business, which is set to become an independent company, Aumovio, the company announced on the sidelines of Auto Shanghai 2025. According to the Germany-based supplier, the new name embodies a strong market position, rich heritage and technological expertise, all aimed at transforming the future of mobility through innovative solutions. Pending approval at the Continental annual shareholders' meeting on April 25, Aum...
    News
    Auto Shanghai 2025: ZF showcases range extender for electric drives, connected chassis
    Germany's automotive component supplier ZF is making a significant impact at the ongoing Auto Shanghai 2025, which is being organized in Shanghai between April 23 and May 2. The international motor show highlights advancements in passenger cars, commercial vehicles and charging infrastructure, bringing together key stakeholders to promote sustainable mobility. As one of the world’s leading automotive suppliers, ZF is committed to investing in the growth of the Chinese market and the broader...
    News
    General Motors to cut production of all-electric BrightDrop vans in Canada
    General Motors (GM) has announced a significant reduction in the production of its all-electric BrightDrop delivery vans at the CAMI assembly plant located in Ingersoll, Ontario. This adjustment involves cutting down from two shifts to one and will lead to the elimination of 500 jobs. The plant will undergo a temporary idle starting in May for approximately 20 weeks until October, with battery pack assembly also being paused for the weeks of April 21 and April 28, ahead of this shutdown. GM c...
    News
    Bridgestone plans layoff at Spain-based plants amid challenging business environment
    Bridgestone Hispania Manufacturing, the Spain-based subsidiary of Bridgestone Corp., has announced its intention to start a collective dismissal process affecting its plants in Puente San Miguel, Cantabria, and Basauri, Basque Country. These plants are involved in the manufacturing of agricultural truck and bus radial tires. This layoff decision stems from the need to adapt to significant changes within the European tire market, including the contraction of the agricultural radial and tr...
    News
    Hyundai Mobis announces new vision to improve its competitive edge in future mobility industry
    Hyundai Mobis announced its new vision on March 12 at Mobis Technical Center of Korea in Yongin, Gyeonggi-do, South Korea, as it aims to become a leading global player in future mobility. With the new vision — Lead the Shift in Mobility, Move the World beyond Possibilities — the South Korean supplier aims to strengthen internal cohesion with a shared sense of purpose while driving a paradigm shift in the rapidly evolving mobility market. Under its new vision, Hyundai Mobis ...
    News
    Continental’s supervisory board approves planned spinoff of Automotive sector business into public, independent company
    On March 12, the supervisory board of Continental approved the proposed spinoff of its Automotive sector into an independent company, recommending shareholder approval at the 2025 annual shareholders' meeting. The board also allocated €1.5 billion in cash funds to the newly independent automotive company, alongside a €2.5 billion revolving credit facility to bolster its operations. Continental first announced that its executive board is considering the potential spinoff of its Automotive ...
    News
    Geely forays Australia and New Zealand by launching EX5 electric SUV
    Geely Auto, one of the largest Chinese automakers, has forayed into Australia and New Zealand markets with the launch of its all-electric sport utility vehicle EX5 in the region, according to a news report published by CnEVPost on March 12. The Geely EX5 was launched at an event at Sydney's Luna Park on March 11. The carmaker also launched its international brand — Geely Go — on the sidelines of the event. Citing Jerry Gan, CEO of Geely Auto Group, the report mentioned that the ca...
    News
    Thyssenkrupp to cut 1,800 jobs amid automotive sector challenges
    Thyssenkrupp, a German conglomerate, announced its plan to reduce its workforce by approximately 1,800 jobs due to ongoing difficulties within the automotive sector. The company attributed the decision to persistently challenging market conditions in the global automotive industry and highlighted a strategic move to freeze hiring as part of its efforts to navigate these challenges. Thyssenkrupp aims to implement these and other measures, including reducing investments, to achieve savings of m...
    News
    Shanghai-based EV maker Nio initiates restructuring to focus on cost control
    Chinese electric-car maker Nio is implementing a new organizational restructuring to focus more on cost control, with William Li, the company’s founder, chairman and CEO, increasing his involvement in the supply chain management, according to a news report published by CnEVPost on March 10. The CnEVPost news report cites local media 36kr as the original source of this news. It said that the electric-vehicle maker has launched an internal management mechanism called Cell Business Uni...
    News
    BMW plans to commence pre-series production of Neue Klasse EVs in 2026
    German premium carmaker BMW announced Feb. 27 that its group plant in Munich is gearing up to commence the pre-series production of its Neue Klasse electric vehicles from summer of 2026. That will be followed with full-fledged production operations of the new range of EVs in Munich from the beginning of 2027. To ensure pre-series production at the site, the carmaker is setting up three new production halls for the body shop, assembly and associated production logistics. “For the pro...
    News
    BYD engages with Italian component manufacturers to increase localization in Europe
    Chinese electric vehicle and battery manufacturer BYD has met with several Italian automotive component suppliers in Turin, Italy, to select new suppliers for its Europe-based manufacturing sites. The event, organized by BYD with the support of the Italian Association of the Automotive Industry (Associazione Nazionale Filiera Industria Automobilistica [ANFIA]), was aimed at establishing a common ground between the vehicle manufacturer and local supply chain stakeholders, along with ...
    Briefing
    Charting a course through automotive supply chain disruptions
    The automotive industry is grappling with a myriad of supply chain disruptions that have become increasingly common since the pandemic struck. In addition to Brexit complexities, rising material costs, natural disasters, geopolitical tensions and economic instability are forcing companies to rethink their logistics and sourcing strategies on the fly. While improvements are anticipated in the global car chip shortage, challenges persist. As Nimish Ashar, associate director of E/E & Semicon...
    Insights
    Steering through regulations in the automotive sector
    As the automotive industry evolves, suppliers must prioritize regulatory compliance due to stricter environmental laws linked to climate change. Investing in new technologies is essential to avoid penalties and enhance competitiveness. We examine the regulatory challenges facing suppliers and share insights from industry executives in S&P Global Mobility’s 2025 Automotive Supplier Outlook. Regulatory pressures: A catalyst for change Automotive suppliers are facing numerous challenges...
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