ified G80 for the North American market, removing the model from the brand’s website. According to Genesis, sales of the Electrified G80 in North America were discontinued as it adapts to shifting customer preferences and market conditions. The Genesis Electrified G80 launched in North America in 2022, replacing the combustion engine found in the traditional G80 with a 87.2 kWh battery pack that provided an EPA-estimated range of 282 miles. The...

News  Updated at: 2025/08/09

Tata’s acquisition of IVECO: a defining moment for Europe’s commercial vehicle sector Truck industry observers have long speculated about the first takeover of a European OEM by an Asian Group—with IVECO, following the spin-off from CNH Industrial in 2022, very much in the focus of the speculation. The historic moment arrived with the announcement of Tata Motors’ €3.8 billion ($4.4 billion) all cash voluntary tender offer to acquire I...

News  Updated at: 2025/08/08

il for the Development of Cambodia (CDC).  Toyota Tsusho outlined the project as part of the company’s commitment to local capacity building, aligning with Cambodia’s goal to train 1.5 million workers in vocational and technical fields. Toyota Tsusho previously secured in-principle approval in 2022 to build an automotive assembly plant in Phnom Penh’s Royal Group SEZ, targeting production of the Fortuner and Hilux models. (From an article ...

News  Updated at: 2025/08/05

DFMC Voyah acquires Yunfeng plant for CNY 723 million According to multiple press releases dated July 30, Voyah, a Dongfeng Motor Corporation (DFMC) sub-brand, completed the acquisition of the Yunfeng plant in Wuhan for CNY 723 million. The Yunfeng plant, formerly Dongfeng Nissan’s Wuhan plant, went into operation in May 2022, with an annual production capacity of 150,000 vehicles that can be ramped up to 300,000. Coming with five manufacturing...

News  Updated at: 2025/08/04

d in-house. The production of rear-wheel steering systems has been launched at Schaeffler’s plant in Kysuce, Slovakia. The company is expanding its chassis product portfolio, and its rear-wheel steering systems have been in volume production for automotive manufacturers worldwide since the end of 2022. The company is currently producing rear-wheel steering systems for seven models of several OEMs at three plants in Europe, China, and North Amer...

News  Updated at: 2025/07/25

n HPDC (High-Pressure Die Casting) line, enabling the production of high-precision cylinder block castings. Gravity casting technology is used for cylinder heads. All machining operations are performed using CNC (Computer Numerical Control) equipment. The company expanded its production capacity in 2022 and launched the CSS Prime assembly line. It produces naturally aspirated and turbocharged 1.2-liter engines using General Motors technology. The...

News  Updated at: 2025/07/24

South Korea’s Nextchip forms technical partnership with Stellantis’ subsidiary on ADAS solution Several South Korean media sources reported that a South Korean company, Nextchip Co., Ltd., signed a technical partnership agreement with aiMotive, a wholly-owned subsidiary of Stellantis N.V., on advanced driving assistance system (ADAS) solutions. Stellantis acquired aiMotive in 2022. The subsidiary develops autonomous driving software for the S...

News  Updated at: 2025/07/23

all remedy for recall 25V-282, which addressed rearview camera failures while backing up. The affected models are:      2023 Volvo C40 BEV     2025 EC40 BEV     2025-2026 EX40 PHEV     2023-2025 S60 PHEV     2025 S90 PHEV     2024-2025 V60 PHEV     2023-2024 XC40 BEV       2022-2026 XC60 PHEV       2020-2026 XC90 PHEV  NHTSA advises owners of unrepaired vehicles: Do not use regenerative braking. Turn off “B” mod...

News  Updated at: 2025/07/19

Ford recalls 694,271 Bronco Sports, Escapes in U.S. over leaky fuel injectors On July 15, Ford Motor Company announced it is recalling 694,271 2021-2024 Bronco Sport and 2020-2022 Escape vehicles equipped with 1.5-liter engines in the U.S. The company warned that a fuel injector may crack and leak fuel inside the engine compartment. The tally of recalled vehicles includes 339,044 Bronco Sport and 355,227 Escape crossovers, according to the U.S. N...

News  Updated at: 2025/07/18

ip with FAW Tooling Die Manufacturing Co., Ltd. (FAW Tooling). FAW Tooling will open its production lines for full validation of the Inovance’s standardized control architectures and robot welding process. The cooperation between the two companies began with their first technical exchange in July 2022 and has been deepening since then. FAW Tooling, an FAW Group wholly-owned subsidiary, specializes in the R&D, design, and manufacturing of automo...

News  Updated at: 2025/07/17

Toyota recalls 21 vehicle models, including Alphard, for combination meter issue On July 16, Toyota Motor Corporation (Toyota) reported to the Japanese Ministry of Land, Infrastructure, and Transport (MLIT) that the company will recall 21 vehicle models, including the Alphard, Crown, and RAV4, due to defective electrical equipment. The recall affects 646,376 vehicles made between June 15, 2022, and June 19, 2025. Due to insufficient studies on th...

News  Updated at: 2025/07/17

The total debt is around JPY 16.1 billion. JS Foundry decided to discontinue its business because its negotiations for sponsorship with a foreign company were broken off, in addition to slowing demand for electric vehicles (EVs) and competition with Chinese companies. JS Foundry was established in 2022 through a coalition between Mercuria Investment Co., Ltd. and Sangyo Sosei Advisory Inc. to acquire the business of U.S.-based On Semiconductor C...

News  Updated at: 2025/07/16

rump warned if the EU or Mexico retaliates with higher tariffs, “then, whatever the number you choose to raise them by, will be added on to the 30% that we charge.” The EU collectively sells more to the U.S. than any single country: Total U.S. goods imports from the EU topped USD 553 billion in 2022, according to the Office of the U.S. Trade Representative, while total U.S. imports from Mexico were approximately USD 454.8 billion in 2022. The...

News  Updated at: 2025/07/15

or and optics production, test, and qualification. The license agreement enables the proliferation of metasurface optics across high-volume consumer, automotive, and industrial markets. It has applications in biometrics, LIDAR, camera assist, robotics, gesture recognition, object detection, etc. In 2022, Metalenz’s metasurface technology debuted in ST’s FlightSense dToF modules, replacing traditional lenses to enhance optical performance, tem...

News  Updated at: 2025/07/11

ministration (NHTSA) said that a faulty fuel pump can reduce fuel flow from the tank to the engine, causing an engine stall and increasing the risk of a crash. NHTSA estimates that 10% of the potentially affected vehicles have the defect. Affected vehicles include:     •    Ford/Mustang/2021-2022     •    Ford/Explorer/2021-2023     •    Ford/F-150/2021-2022     •    Lincoln/Aviator/2021-2023     •    Ford/F-250...

News  Updated at: 2025/07/11

e only rare-earth mine in the U.S., at Mountain Pass, California. MP Materials had acquired the rare earths mine, which had been idled, to separate and refine the materials that are critical for auto production, especially EVs.  MP Materials received USD 45 million from the Biden administration in 2022 and expects to soon begin production of magnets for General Motors. Now the U.S. Defense Department has acquired a stake in the company to help e...

News  Updated at: 2025/07/11

uld jointly negotiate licences for technologies covered by standard essential patents (SEPs). The aim is to increase competitiveness in the EU’s automotive sector, as part of the Industrial Action Plan for the industry announced in March 2025. These are the first guidance letters issued under the 2022 Informal Guidance Notice, which allows companies to seek advice on competition rules for new or complex issues. The Commission found that ALNG do...

News  Updated at: 2025/07/10

icle (EV) one after another in the fiscal year that ends in March 2026 (FY 2025). Six new Japanese EV models including three models jointly developed by Toyota Motor Corporation, Daihatsu Motor Co., Ltd., and Suzuki Motor Corporation, will be released in FY 2025, which is more than the figure in FY 2022 when EVs debuted in the country. Honda Motor Co., Ltd. will release an EV based on the N-One mini vehicle. It will be Honda’s second EV model a...

News  Updated at: 2025/07/10

h China of USD 5,068 million in 2024. While China exported USD 5,332 million in vehicles to Mexico, Mexican car exports to China fell to just USD 262 million, their lowest level since 2010. This sharp imbalance reflects China’s growing dominance, as it became the top foreign supplier to Mexico in 2022 and now accounts for 30.1% of Mexico’s imported vehicles, up from just 0.1% in 2014. BYD, among other Chinese brands, has expanded aggressively...

News  Updated at: 2025/07/09

EVE Energy starts operating battery site in Shenyang EVE Energy Co., Ltd. (EVE Energy) started operating a site in Shenyang. In 2022, EVE Energy invested CNY 10 billion in the construction of a Shenyang site for the R&D and manufacturing of energy storage and power batteries. The site mainly manufactures energy storage and power batteries with low temperature resistance, high energy density, and high reliability. Inaugurated on the same day was a...

News  Updated at: 2025/07/08