BYD is nearing a decision on whether to acquire an existing car factory in Europe as it seeks to accelerate its expansion in the region. Speaking at the Reuters Automotive Europe conference in ...
US-based O’Reilly Automotive has submitted a cash offer for Genuine Parts Company’s auto-parts division. Bloomberg, citing unnamed sources, reported that the division could be worth $10bn or more in ...
The business being acquired posted revenue of roughly €200m ($227.9m) in 2025 and has a workforce of around 1,500. Credit: JHVEPhoto / Shutterstock.com Automotive parts supplier Amaneos, part of ...
GM has struck an agreement with Micron Technology to lock in a longer-term supply of memory and storage products.
Infineon Technologies has completed its acquisition of the non-optical analog/mixed-signal sensor portfolio from ams Osram Group for €570m on a debt-free, cash-free basis.
BMW Group has finalised a $1.7bn investment in the US, completing the expansion of plant Spartanburg and the construction of plant Woodruff in South Carolina.
Dr. Stefan Hartung is unexpectedly stepping down from his position as Bosch chairman and CEO of the board of management.
JBIC said the loan supports Isuzu’s expansion of its North American business, enhancing its competitive advantage in the North American market, strengthening the supply chain of ...
Volkswagen plans to end its “Automated Driving Alliance” with Bosch after deciding the joint autonomous driving technology was not competitive.
Volkswagen is assessing the closure of four factories in Germany and cuts of as many as 100,000 jobs, in what would amount to the “biggest” restructuring in the global automotive industry.
AI-powered innovations crucial for Indian automotive component MSMEs to thrive in competitive market, says GlobalData ...
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