General Motors (GM) is closing its Shenyang manufacturing plant in northeastern China, a move that aligns with its broader restructuring strategy to navigate the shifting competitive...
As new US tariffs take effect and trigger retaliatory measures, automotive component suppliers face mounting challenges that could threaten their very survival.
The Alliance for Automotive Innovation, composed of General Motors (GM), Toyota, Volkswagen, and others, has recently appealed to a US court to overturn a regulation set by the National...
Leading automakers, including General Motors, Toyota Motor, and Volkswagen AG, are challenging stringent vehicle safety rules implemented during the Biden administration. The Alliance...
The global electric vehicle industry faces an immediate reset as Donald Trump returns to the White House. Markets are already reacting to his promised dismantling of key industry...
General Motors (GM) has ended its nearly decade-long, US$10 billion Cruise robotaxi project, a decision that has severely impacted Honda's plans for autonomous driving technology,...
In light of the sluggish electric vehicle (EV) market and uncertainties following Donald Trump's re-election, LG Energy Solution (LGES) will acquire all shares of the battery plant...
Leading tier 1 European automotive suppliers, including Bosch and ZF, have laid off more than 50,000 workers in 2024, surpassing layoffs during the COVID-19 pandemic. This is mainly...
International electric vehicle (EV) companies, such as Ford Motor and General Motors (GM), are struggling to operate in China's hypercompetitive and low-priced EV environment.
Despite recent slowdowns in the electric vehicle (EV) market, Hyundai Motor Group (HMG) continues to perform strongly in the United States. The group has secured a 10% market share,...
General Motors (GM) recently announced the elimination of over 1,000 jobs, with its software and services division bearing the brunt of the cuts. This move underscores the immense...
In recent years, business for joint venture automakers in the Chinese market is no longer smooth sailing, facing increasing challenges. As a result, many have adjusted their local...
Faraday Technology, a Taiwan-based provider of fabless ASIC services and silicon IP, has announced its participation in the Intel Foundry Accelerator Design Services.
