Results for "Global automaker"

Union Minister Goyal extends an invitation to international car manufacturers to set up production facilities in India aimed at serving global markets.

The global automaker is implementing targeted investments and localized strategies for its Jeep division in China, aiming to stabilize operations within its larger multi-billion-dollar turnaround initiative.

The global automotive industry is grappling with the rising dominance of Chinese car manufacturers. This situation raises questions about whether established international brands can effectively compete with China's growing influence in the market.

South Korean battery materials maker EcoPro Innovation has signed a four-year deal to supply 12,000 metric tons of lithium hydroxide to a global automaker, enough to power approximately 200,000 vehicles.

International car manufacturers are reportedly eager to adopt strategies and characteristics that align them more closely with the Chinese market and consumer preferences.

Chinese electric vehicle manufacturer Xpeng is reportedly in discussions with various global automakers regarding potential partnerships. The company also has plans to establish manufacturing facilities overseas as part of its international expansion strategy.

South Korea’s Hyundai Motor Group recorded the world’s second-largest operating profit among global automakers last year, surpassing Germany’s Volkswagen Group for the first time, industry data showed Wednesday. The group — which includes Hyundai Motor, Kia and luxury brand Genesis — posted 20.5 trillion won ($13.95 billion) in operating profit in 2025. That placed it behind only Toyota Group, which topped the list with 4.3 trillion yen ($27.15 billion) in operating profit. Industry watchers sai

Chinese factories are increasingly serving as 'training grounds' for executives from global automakers, highlighting a shift in industry dynamics.

Global automaker Stellantis has named Stephanie Hartgrove as Chief Communications Officer and appointed Clara Ingen-Housz to oversee public policy and international trade strategy. These appointments strengthen the company's corporate governance and regulatory affairs divisions.

An analysis suggests that a lesser-known global automaker is poised to outperform its competitors over the next five years, citing specific reasons for its potential success.

Carmakers worldwide are facing significant challenges in competing with the rapidly advancing automotive industry in China.

Global automakers are increasingly looking to adopt strategies similar to Chinese manufacturers, a trend prominently displayed at the Beijing Auto Show, which has doubled in size this year.

Foreign automakers are increasingly prioritizing China for their global expansion strategies, with many debuting China-developed models at a major auto show, recognizing the critical importance of the market.

POSCO Future M has secured a significant 1 trillion won deal to supply battery materials to a global automaker, marking a major contract for the company.

Hyundai Motor is projected to rank second globally in operating profit among automotive peers by 2025, according to a recent report.

Automakers Push Toward "Eyes-Off" Driving Despite Mounting Doubts Global automakers are zeroing in on a controversial waypoint in the autonomy race: “eyes-off” driving, known in the industry as Level 3, according to a new report by Reuters. The idea is simple but provocative — motorists could look away to send a message or work on a laptop until the vehicle signals them to retake control. After years spent refining hands-on driver aids that manage steering and speed, companies s...

A leading global automaker debuts its first domestically manufactured vehicle equipped with an advanced digital key system, highlighting domestic production capabilities.

Iluka has successfully landed its first rare earths offtake deal with a global automaker, marking a significant development in the rare earth minerals market.

Carmakers worldwide are finding it increasingly difficult to compete with the growing dominance and innovation of the Chinese automotive industry. This struggle highlights a significant shift in the global car market dynamics.

New projections indicate that US tariffs are expected to completely erase Toyota's North America profits by fiscal year 2026. This highlights the significant financial impact of trade policies on global automakers.

Microsoft Corporation has announced a partnership with Stellantis, a global automaker, indicating a collaboration between the tech and automotive industries.

POSCO Future M has secured a significant 1 trillion-won deal to supply electric vehicle battery anode materials to a global automaker, marking its largest contract since entering the business in 2011. This contract highlights the company's crucial role in the electric vehicle supply chain and its expanding partnerships in the automotive industry.

Several global car manufacturers, including Volkswagen and Renault, are reportedly expanding into military production, with Volkswagen converting some of its less utilized models into armored vehicles and Renault producing drones.