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Keywords: Automotive industry
Volkswagen's efforts to advance a broad restructuring plan remain clouded by uncertainty after high-level discussions with key stakeholders concluded without clear announcements on the company's proposed cost-cutting measures. A meeting of the German automaker's supervisory board ended late......
Daimler Truck recorded an 8% increase in global vehicle sales during the second quarter of the year, supported by a recovery in demand across its North American operations. The commercial vehicle manufacturer reported total sales of 86,707 trucks and buses between April and June, up from 80,607 units......
Micron Technology and Ford Motor have signed a long-term agreement to secure supplies of memory and storage semiconductors for the automaker’s next generation of vehicles, reinforcing efforts to strengthen supply chain resilience in the automotive sector. The agreement is part of Micron’s......
India's government and leading automobile manufacturers have defended the nationwide rollout of E20 petrol—fuel containing 20% ethanol—following growing public concern over its potential impact on vehicle performance and engine durability. Speaking at a joint press conference on Saturday,......
German automotive supplier Continental AG has agreed to sell its ContiTech division to private equity firm Lone Star Funds in a transaction valued at approximately €4.6 billion, marking a major step in the group’s strategy to refocus on its core tyre business. The deal underscores ongoing......
Italian luxury sports car manufacturer Ferrari has introduced a limited-edition V12 model equipped with a manual gearbox, reaffirming its commitment to traditional driving enthusiasts while continuing its broader transition toward electrification. The new 12Cilindri Manuale combines Ferrari's naturally......
Vehicle production by Stellantis in Italy rose 13.7% year-on-year in the first half of 2026, supported by new production lines for hybrid and SUV models, according to data released by the FIM CISL trade union. The increase signals a partial recovery for the Franco-Italian automaker after a weaker performance......
Morocco has reinforced its status as one of the world's leading automotive manufacturing centers, becoming Renault Group’s second-largest production hub after France. Supported by modern infrastructure, an expanding supplier network, and strategic access to international markets, the country......
The Benteler Group has inaugurated a new automotive manufacturing facility in Kenitra, reinforcing Morocco’s position as one of the fastest-growing industrial platforms for the global automotive sector. The new plant, located in the Atlantic Free Zone, is expected to begin production during the......