US Steel Corporation’s logo. Nippon Steel Corporation 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 plans ...

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 ...

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 ...

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 ...

Founded in 1997, Chery’s brand portfolio includes Omoda, Jaecoo, Exeed, Luxeed, Jetour and Lepas. Image: Franchesko Mirroni/Shutterstock.com Chinese carmaker Chery Automobile plans to launch a hybrid ...

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 ...