Aston Martin has confirmed it is holding discussions with potential financing providers concerning its capital structure, though it has not named the parties involved.
South Korean automaker Hyundai Motor’s workers are stepping up their strike action this week after their union, which is affiliated with the Korean Metal Workers’ Union (KMWU), failed to reach a wage ...
Volvo Cars has said it expects profitability to improve in the second half of 2026, notwithstanding higher raw material costs and a steeper-than-anticipated downturn in China.
Volkswagen's works council has set up extraordinary staff assemblies in August for employees to question CEO Oliver Blume over restructuring plans that could impact up to 140,000 jobs.
Bain Capital, a private investment firm, has announced that it has agreed to acquire SupplyOn, a supply chain collaboration platform serving the automotive, aerospace and defence, and other advanced ...
Volkswagen intends to reduce its vehicle line-up by up to half as part of a broader cost-cutting push, though it offered no specifics on potential job cuts or plant shutdowns. The announcement comes ...
Carmakers have broadly won the first round in UK diesel emissions litigation, as the High Court rejected most of the “dieselgate” claims against Mercedes-Benz, Ford Motor, Nissan Motor, Renault and ...
Creditors to Aston Martin have appointed Jefferies Financial Group as financial adviser amid growing concern over the luxury carmaker's debt.
Micron Technology has finalised strategic customer agreements with seven Tier 1 suppliers and ecosystem partners in the automotive sector.
The story of this year’s survey is that OEMs see the economics of the dealership model getting stronger, not weaker,” said Erin Kerrigan, Founder and Managing Director of K ...
Volvo Cars has entered an MoU with Belgium’s federal authorities and the regional government of Flanders regarding support measures for its Ghent manufacturing plant.
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