Auto

Hyundai Motor did not exercise option to buy back Russian auto factory
Hyundai Motor did not exercise option to buy back Russian auto factory
Published Mon, Feb 2, 2026 · 01:15 PM[SEOUL] South Korean automaker Hyundai Motor did not exercise a buyback option for its former manufacturing plant in Russia, the company said...
After EVs, smart driving tech to power China’s auto exports
After EVs, smart driving tech to power China’s auto exports
China exported a record 7.1 million cars in 2025, buoyed by growing demand for new-energy vehicles (NEVs) as the global shift toward electrification gathered pace, allowing the country to...
China’s low-cost auto parts flood Europe’s biggest car market
China’s low-cost auto parts flood Europe’s biggest car market
Seven in 10 European parts makers now face direct competition from Chinese imports: survey[FRANKFURT] Chinese automotive suppliers are inundating Germany with low-cost components, piling pressure on local manufacturers that...
China sets 2025 auto sales target below association forecast, vows tighter regulation
China sets 2025 auto sales target below association forecast, vows tighter regulation
[SHANGHAI] China is targeting 32.3 million in vehicle sales in 2025, the country’s industry ministry said, below the 32.9 million units projected for the year by the China Association...
New Law Increases California’s Auto Insurance Minimums
A new law has been enacted in California that significantly raises the requirements for auto insurance minimums for drivers. This change aims to enhance financial protection for individuals injured...
Europe: Stocks rise as US-China trade tensions ease; auto stocks jump
Europe: Stocks rise as US-China trade tensions ease; auto stocks jump
[BENGALURU] European stocks closed at an over one-week high on Friday (Jun 27), fuelled by a rally in automakers, as investors took more risks on hopes for a truce...
Trump’s chip tariff threat sparks pushback from auto industry to tech
Trump’s chip tariff threat sparks pushback from auto industry to tech
[WASHINGTON] Blowback to US President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, stretching from auto companies and boat makers to the...
Geely chairman says global auto industry faces ‘serious overcapacity’
Geely chairman says global auto industry faces ‘serious overcapacity’
Chinese automakers that have been building plants abroad include BYD, Chery Auto and Great Wall MotorPublished Mon, Jun 9, 2025 · 07:29 AM[SHANGHAI] Geely’s chairman and founder Li Shufu...
Foxconn to soon announce second Japanese auto partner, chairman says
Foxconn to soon announce second Japanese auto partner, chairman says
The Apple supplier’s interest in working with Japanese car makers comes as they face growing competition from Chinese brandsPublished Thu, May 29, 2025 · 01:45 PM[TAIPEI] Taiwan’s Foxconn will...
Thailand widens EV perks as Japan-China 
auto rivalry heats up
Thailand widens EV perks as Japan-China auto rivalry heats up
[BANGKOK] With Thailand’s auto sales plunging by more than 25 per cent amid geopolitical headwinds and regional rivals nipping at its heels, Bangkok is racing to secure its status...