market launch in late 2026. The Subaru Forester Wilderness Hybrid retains the same 9.3-inch ground clearance, X-MODE Dual Mode System, Subaru Symmetrical All-Wheel Drive, upgraded suspension, and all-terrain tires as the non-hybrid Forester Wilderness model, but adds a hybrid powertrain with up to 25% better fuel economy. Like the Subaru Forester Hybrid, the Forester Wilderness Hybrid uses an Atkinson/Miller-cycle 2.5-liter SUBARU BOXER engine op...

News  Updated at: 2026/04/02

Posco to build rare earth value chain in South Korea and abroad Posco International Corporation, a trading company of the Posco Group in South Korea, announced that, partnering with a venture investment specialist within the Posco Group, Posco Investment, it launched its first KRW 25 billion (JPY 2.75 billion) corporate venture capital fund (CVC) to invest KRW 8 billion (JPY 880 million) in a domestic specialist in rare earth separation and refin...

News  Updated at: 2026/03/30

GlobalData blog: China’s auto market achieved steady growth in 2025 2025 was a challenging year for global politics and the world economy. On one hand, regional conflicts erupted in multiple regions, posing challenges to global energy supplies and maritime supply chains. On the other hand, protectionism gained momentum, with tariff barriers proliferating worldwide, further straining the global economy. Although the “reciprocal tariffs” intr...

News  Updated at: 2026/03/30

[Exclusive Interview] 5GAA highlights progress in V2X and evolution of connected vehicle technologies The Mobile World Congress (MWC) 2026 took place in Barcelona, Spain, from March 2 to 5, 2026. During the event, MarkLines conducted a series of exclusive interviews with companies presenting next generation connectivity technologies. As part of this coverage, we spoke with Dr. Maxime Flament, Chief Technology Officer at the 5G Automotive Associat...

News  Updated at: 2026/03/26

BMW Brilliance, BMW China to recall nearly 180,000 vehicles in total On March 24, China’s State Administration for Market Regulation (SAMR) announced that BMW Brilliance Automotive Limited (BMW Brilliance) and BMW China Automotive Trading Ltd. (BMW China) recently filed recall plans as follows. BMW Brilliance: -          Recall number S2026M0032V: 133,849 5-series models manufactured in China between December 5, 2023 and April 12, 2025...

News  Updated at: 2026/03/26

Euler Motor India raises investment for manufacturing and business expansion On March 25, Euler Motor raised INR 4.38 billion in its Series E funding round. Euler Motor produces electric three-and-four-wheeler commercial vehicles. This investment will help it to strengthen its manufacturing capabilities at scale, expand its presence across India, and expand its product portfolio. The investment round was led by Lightrock, with continued backing f...

News  Updated at: 2026/03/25

BYD debuts new Seal 08 plug-in hybrid electric sedan On March 6, BYD debuted the Seal 08, a new Ocean-series flagship plug-in hybrid electric sedan. The Seal 08 adopts the Ocean Aesthetics 2.0 design concept. According to China’s Ministry of Industry and Information Technology (MIIT), the vehicle model measures 5,150mm long, 1,999mm wide, and 1,505mm high, with a wheelbase of 3,030mm. The Seal 08 is equipped with a 115kW engine, either a single...

News  Updated at: 2026/03/18

TOKYO in Tokyo starting March 14 through May 10. No mention has yet been made about a change in plans for the AFEELA 1 electric sedan that is based on the platform of the cancelled Honda EVs and being manufactured at the East Liberty Assembly Plant in Ohio. Honda meanwhile is cancelling the Honda 0 Series Sedan and SUV, and Acura RSX, that it planned to build at the nearby Marysville Assembly Plant in Ohio, citing tariff costs and the changing re...

News  Updated at: 2026/03/14

Indonesia’s IIMS 2026 draws 580,250 visitors; IIMS Series to start in Surabaya in May Announced on March 8, 2026, Dyandra Promosindo, the organizer of the Indonesia International Motor Show (IIMS), reported that the 2026 event attracted 580,250 visitors and generated IDR 8.7 trillion in transactions during February 5–15. The 11-day exhibition recorded strong public engagement, with both visitor turnout and transaction values indicating positi...

News  Updated at: 2026/03/13

NXP presents NXP CoreRide Z248 zonal reference system On March 9, NXP Semiconductors introduced its NXP CoreRide Z248 zonal reference system that combines advanced 48 V energy distribution, deterministic data handling, functional safety, and real-time responsiveness. It is available now for selected customers. It is built on NXP’s S32K5 microcontroller series with integrated advanced MRAM technology. It provides a pre-validated software stack t...

News  Updated at: 2026/03/12

abruck and Zwickau, except for three major plants? What is the outlook for the U.S. business, including Scout and Audi production?  A. [Oliver Blume] We are making progress across all plants with clear cost-reduction targets. Capacity adjustments are necessary because the European market is about 15% smaller than before COVID. Across Volkswagen, Audi, Porsche and CARIAD we plan to eliminate around 50,000 jobs including aforementioned 35,000 jobs...

News  Updated at: 2026/03/12

ajor logistics areas and is scheduled for new energy variants. The Yingteng lineup employs an FAW Jiefang in-house developed powertrain. The natural gas and diesel variants are equipped with the new GS280 and GD300 intelligent power systems, respectively, which, mated to FAW Jiefang’s 6SM- or 6DV-series engines and T-shift AMT transmission, enable a combined energy-saving rate of 3-5%. Also available are specifications such as dual floating dis...

News  Updated at: 2026/03/11

BMW begins winter testing of Neue Klasse electric i3 in Arjeplog, Sweden On March 5, BMW initiated the prototype winter testing of the latest generation of 3 Series i.e. the first Neue Klasse sedan, the fully electric BMW i3 at BMW’s test centre in Arjeplog, Sweden. Engineers are completing final driving tests on snowy roads and frozen lakes. On slippery roads, the system provides stable and agile driving. The two electric motors respond instan...

News  Updated at: 2026/03/06

BMW Steyr plant, Austria to add second electric motor production line in 2026 On March 6, BMW Austria announced that a second production line for electric motors will start series production at the Steyr plant to increase output in 2026. This will support the production ramp-up of BMW’s Neue Klasse vehicles. The future pipeline is strong i.e., new models such as BMW i3 and BMW X5, which is offered with five powertrain options (gasoline, diesel,...

News  Updated at: 2026/03/06

Keto Motors, India secures CMVR nod for 9-metre electric bus On March 5, Keto Motors announced that it has received CMVR Type Approval certification from the Global Automotive Research Centre (GARC) for its 9‑metre Urbanova KE9 electric bus, confirming compliance with structural safety, passenger protection, range, and performance norms and enabling customer trials and tenders with state transport undertakings, employee shuttles, school fleets,...

News  Updated at: 2026/03/06

Egypt discusses implementation status of program for development of automotive industry On March 5, the Ministry of Industry of Egypt held a meeting to discuss the follow-up on the implementation status of the National Program for the Development of the Automotive Industry, as well as to discuss ways to combine governmental efforts to create an attractive business environment and provide more facilities for car OEMs. It was agreed during the meet...

News  Updated at: 2026/03/06

Irizar introduces three Efficient series buses in Mexico On March 5, Irizar México showcased 6 models of the Efficient lineup up, being this the most complete Efficient range in its history in the country. This lineup proposal is complemented by its integration onto various internationally renowned platforms such as Scania, Mercedes-Benz, and Volvo, allowing for solutions tailored to each client's specific technical and operational requirements....

News  Updated at: 2026/03/06

Renesas Electronics to launch 28-nanometer generation automotive microcontroller Renesas Electronics Corporation (Renesas Electronics) announced on March 4 that it will launch an “RH850/U2C” 32-bit automotive microcontroller (MCU) with embedded 28-nanometer generation flash memory (nanometer is one-billionth of a meter). The new MCU is a low-end RH850 series product for a wide variety of vehicle body control functions, including chassis and s...

News  Updated at: 2026/03/05

Wayve, UK, raises USD 1.2 billion in Series D investment round for autonomy platform On February 25, Wayve raised USD 1.2 billion in a Series D investment round, bringing its post-money valuation to USD 8.6 billion. The funding accelerates the company’s shift from AI research leadership to scaled commercial deployment of its end-to-end AI platform. The round was led by Eclipse, Balderton, and SoftBank Vision Fund 2. It also attracts new investm...

News  Updated at: 2026/02/25

Daimler Truck North America introduces new heavy-duty diesel engine generation On February 23, Detroit, Daimler Truck North America’s powertrain brand and leading manufacturer of heavy-duty truck engines, announced its new Gen 6 heavy-duty engine portfolio, comprised of the DD13, DD15 and DD16. The Detroit Gen 6 engines are fully compliant with the EPA’s 2027 standard and will be available for all heavy-duty Freightliner and Western Star truc...

News  Updated at: 2026/02/24