Mobileye Vision Technologies Ltd. (Mobileye) has been selected by a leading global automaker to supply its Imaging Radar for an upcoming eyes-off, hands-off SAE Level 3 automated driving system, set to launch in 2028.
This is Mobileye’s first customer nomination for its imaging radar, following an extensive years-lon

CIE Automotive S.A. has signed a EUR 20 million loan agreement with the Basque Finance Institute (IVF), a public entity attached to the Department of Economy and Finance of the Basque Government, to promote innovation, sustainability, and industrial growth in the Basque Country.
This follows a similar loan of the sam

Valeo Group (Valeo) secured a major contract to supply a new imaging radar system for a hands-off, eyes-off automated driving system in personally-owned vehicles from a premium global automaker. Production is scheduled to begin in 2028.
The advanced radar system supports high autonomy levels (SAE Level 3). It enables

Announced on May 28, 2025, Kia has officially launched the new all-electric EV5 in Singapore, marking a significant milestone as the first Kia vehicle assembled locally at the Hyundai Motor Group Innovation Center Singapore (HMGICS).
Behind every EV5 is a next-generation, intelligent cell-based manufacturing system,

Announced on May 28, 2025, ACMobility has launched the Philippines’ fastest EV chargers in Makati City, featuring 240 kW SuperFast and 480 kW UltraFast units. 
Installed in partnership with the Makati Commercial Estate Association (MACEA) and Ayala Land, Inc. (ALI), the chargers are now operational at Corinthians Car

On May 26, GAC Trumpchi announced the recent global launch of the Xiangwang M8 Qiankun plug-in hybrid electric MPV. The model is available in three variants, with prices ranging from CNY 359,900 to CNY 409,900.
Adopting a Qilin-inspired exterior design language, the Xiangwang M8 Qiankun presents body lines that strik

On May 28, multiple Korean media reported that GM Korea plans to sequentially sell nine directly operated after-sales service centers, along with idle assets and facilities within its main Bupyeong plant.
GM Korea announced that it will begin consultations with stakeholders to ensure financial sustainability amid the

On May 27, FAW Bestune announced the recent global launch of the Yueyi 07 plug-in hybrid electric SUV. The model is available in four variants, with prices ranging from CNY 99,800 to CNY 129,900. It is the first super plug-in hybrid electric model of the Yueyi P lineup.
Inheriting the aesthetic exterior design concep

According to the Federation of Thai Industries (FTI), April vehicle sales in Thailand increased 1.0% year over year to 47,193 units. In the first 4 months of 2025, vehicle sales were 200,386 units, a decline of 4.8% YoY.  According to the FTI, the modest YoY increase was mainly driven by stronger electric passenger c

Reported on May 29, 2025, Mitsubishi Motors Vietnam will unveil the DST Concept, a new 7-seat SUV, at the Mitsubishi Motors Vietnam Festival 2025. Following its debut at the 2024 Philippine International Auto Show, this will be the model’s first appearance in Vietnam. 
The special event will take place on June 6 in H

Announced on May 27, 2025, Sime Darby Bhd (Sime) reported a 9.9% increase in net profit from continuing operations to MYR 1.29 billion for the 9 months ended March 31, 2025. The growth was mainly driven by stronger contributions from the UMW division, offsetting weaker performance in the Motors division.
The Motors d

Reported on May 28, 2025, Thai Coated Steel Sheet (TCS) and Thai Cold Rolled Steel Sheet (TCRSS) announced a planned merger, set to take effect on October 1, in response to ongoing global steel market volatility driven by U.S. trade tariffs and low-cost Chinese imports.
The consolidation aims to enhance operational e

On May 26, Renault-Sofasa announced the start of local production and sales of the Renault Kwid in Colombia.
The Colombian-made Kwid features a lightweight design, ideal for city driving, and boasts improved fuel efficiency and reduced emissions, 80% less CO and 68% less hydrocarbons than models from a decade ago. It

On May 26, Hyundai officially launched the new generation of the Kona Hybrid SUV in Brazil, with sales starting June 5.
Offered in Ultimate and Signature trims, the fully hybrid model features a 1.6-liter gasoline engine combined with an electric motor, delivering 141 hp and 27 kgfm of torque. It achieves up to 18.4

On May 27, General Motors announced plans to invest USD 888 million in its Tonawanda Propulsion plant to support the production of the sixth generation of GM’s V8 engines, used in full-size trucks and SUVs. 
The investment includes new machinery, equipment, and tools, as well as facility renovations.
Tonawanda is the

The 2026 model year Civic hatchback hybrid will begin production at Honda's Indiana Plant in Greensburg starting in September. The plant had been building the 2014 and 2015 Civic hybrid and the 2025 Civic hatchback hybrid until production shifted to Japan earlier in the year.
Following the announcement of President T