payments to be made over the next four years. Overall for 2025, North American shipments were up 3% to 1.47 million units, Europe was down 3% to 2.49 million units, South America was up 10% to 1.0 million units, and the Middle East and Africa was up 7% to 542,000 units, while the China, India, and APAC markets were flat at approximately 61,000 units. Maserati shipments were down 30% to 7,900 units. Total consolidated shipments in 2025 were up 1%...

News  Updated at: 2026/02/27

Ather Energy, India sets up wholly owned subsidiary in Hong Kong for electric two-wheelers operations On February 2, 2026, Ather Energy Limited's board of directors approved the incorporation of a Wholly Owned Subsidiary (WOS) in Hong Kong. The subsidiary will support the company's procurement functions and enhance supply chain resilience within the Asia-Pacific (APAC) region. Ather Energy will hold 100% control of the subsidiary, and the company...

News  Updated at: 2026/02/03

eral Motors reported Q4 2025 net income attributable to stockholders was a loss of USD (3.3) billion, the operating loss was USD (3.6) billion, and EBIT-adjusted was USD 2.8 billion.  Q4 net income was reduced by more than USD 7.2 billion in special charges driven primarily by a realignment of EV capacity and investments (USD 6.0 billion), China restructuring actions (USD 0.7 billion), Cruise restructuring (USD 0.1 billion) and other legal matte...

News  Updated at: 2026/01/28

Nexteer APAC Smart Manufacturing Project breaks ground in Suzhou The Nexteer APAC Smart Manufacturing Project broke ground in Suzhou Industrial Park. Spanning a total land area of 10 hectares and a planned floor area of approximately 70,000 square meters, the project is expected to be completed and commissioned in July 2026. Once operational, the Nexteer Suzhou location will feature a smart campus powered by digital twin technology, enabling rea...

News  Updated at: 2025/11/18

ering.  The localized app demonstration will showcase real-time traffic insights, detailed maps, and POIs optimized for Taiwan, as well as driver assistance capabilities designed for local mobility needs. Building on its entry into Taiwan in 2025, the company aims to expand its business across the APAC region in 2026, pursuing accelerated growth and a stronger market share. Based on iNavi Systems press release ...

News  Updated at: 2025/10/15

and AOI of EUR 9 million    •    Middle East & Africa, net revenue of EUR 4.9 billion on shipments of 225,000 (up 5%) and AOI of EUR 768 million    •    South America net revenue of EUR 7.8 billion on shipments of 471,000 (up 20%) and AOI of EUR 1.2 billion    •    China, India & APAC net revenue of EUR 0.9 billion on shipments of 28,000 (down 13%) and AOI of EUR 19 million    •    Maserati net revenue of EUR 369 million ...

News  Updated at: 2025/07/30

Continental to discontinue tire production at Alor Setar, Malaysia plant On April 28, Continental announced that it would discontinue tire manufacturing operations at its Alor Setar, Malaysia, plant by the end of 2025. This decision follows a business review aimed at staying competitive in the APAC region.  Adapting to changing customer demand, the company seeks to optimize its local product portfolio and its manufacturing footprint.  The manuf...

News  Updated at: 2025/05/05

pansion. The initiative is expected to create over 3,200 jobs and achieve a production localization rate of over 40%. Additionally, Jetour aims to position Malaysia as a regional export base, targeting ASEAN, Oceania, and the Middle East markets. Malaysia will also serve as Jetour’s Asia-Pacific (APAC) R&D hub, supported by contributions from Jetour Indonesia, Jetour Thailand, and Jetour Australia. (From Berjaya Corp. social media updates and a...

News  Updated at: 2025/04/10

L) aims to introduce XPENG's electric vehicle technology to Indonesian consumers. XPENG plans to start local production in Indonesia, focusing initially on the G6 and X9 models, designed specifically for the right-hand drive market, in H2/2025. XPENG aims to build Indonesia and other markets in the APAC region into its next growth engine, propelling its global success. At the launch event, a leading China-based AI-driven mobility company unveiled...

News  Updated at: 2025/03/04

•    In the U.S. specifically, it delivered 755,000 units in Q4 and 2,705,000 for full-year 2024.•    In South America, GM delivered 119,000 units in Q4 and 424,000 for full-year 2024.•    In Brazil specifically, it delivered 92,000 units in Q4 and 315,000 for full-year 2024.•    In APAC, ME, and Africa, it delivered 736,000 units in Q4 and 2,359,000 for full-year 2024.•    In China, GM delivered 599,000 units in Q4 and 1,839,...

News  Updated at: 2025/01/30

arket and 20% will be for exports.  In addition to the inauguration of its new factory, Foton also held the “Foton Asia Pacific Partners Conference 2025” in Thailand.  The company has already marked a milestone of 1 million cumulative exports overseas. As Foton is writing a new chapter in its APAC strategy with a fresh outlook, the company announced the global upgrade of its carbon-neutral solutions under the guidance of its GREEN3030 strat...

News  Updated at: 2024/11/29

hiSky, Israel to participate in BMW Innovation Incubation Booth at CIIE 2024, China On October 28, hiSky announced that it has been invited to participate in the upcoming BMW Group Tech Office APAC Booth in the Innovation & Incubation Zone during the China International Import Expo (CIIE) 2024 in Shanghai.  Through its advanced satellite communication network, hiSky aims to address the growing demand for continuous connectivity, especially as th...

News  Updated at: 2024/11/04

Yutong’s YEA technology, first EV specific platform for CVs presented in Australia Announced on September 19, 2024, Yutong has introduced its most advanced electric technology, YEA to the APAC market at the event in Australia.YEA (Yutong Electric Architecture) is the first EV-specific platform in the commercial vehicle industry, combining software and hardware to meet most-scenario needs of buses. At the core of this technology are the C archit...

News  Updated at: 2024/09/25

-by-Wire intelligent architecture. The Farizon SuperVan is already available in the Chinese market in multiple body forms. Farizon also plans to expand its present business in the MENA region, primarily in Gulf states such as Saudi Arabia and the United Arab Emirates in the first phase, followed by APAC (Asia-Pacific).  Based on Farizon Auto press release ...

News  Updated at: 2024/09/20

unSafe Security, a U.S.-based cybersecurity firm specializing in software protection. The round was led by Critical Ventures and SineWave Venture Partners, with participation from several other investors. RunSafe Security will use the funds to increase product development and expand in the EMEA and APAC regions. The company has seen rapid growth, with back-to-back years of tripling annualized revenue. Its solutions are used by major industries li...

News  Updated at: 2024/09/18

ompetitive manual and automated manual transmissions (AMTs).  "The rise in popularity of fully automatic transmissions in Asia is a testament to the exceptional driving experience and unmatched performance that our transmissions offer," said Heidi Schutte, Allison Transmission Vice President EMEA, APAC & South America Sales. (Allison Transmission press release on July 16, 2024)...

News  Updated at: 2024/07/18

diary on March 6, 2024, with its acquisition of a 51.0% equity stake. In conjunction with Cubic Telecom becoming a subsidiary, SoftBank launched new collaborative initiatives, including sales cooperation to expand the sales of Cubic Telecom's global connectivity platform mainly in the Asia-Pacific (APAC) region, and developing new services. As part of these initiatives, SoftBank recently reached an agreement with Honda Motor Co., Ltd. whereby Hon...

News  Updated at: 2024/04/26

BMW hands over BMW CE 02 electric motorbike to first customer in Thailand Announced on April 22, 2024, BMW Motorrad Southeast Asia and Importers APAC have officially delivered the BMW CE 02 in Thailand, handed over to this electric motorcycle’s first customer in the world. Premiered at the recent Bangkok International Motor Show 2024, the BMW CE 02 features futuristic design and cutting-edge technology, crafted for city living under the concept...

News  Updated at: 2024/04/26

DPCA 4th-gen 360THP engine comes off production line On March 7, Dongfeng Peugeot Citroen Automobile Co., Ltd. (DPCA) announced that the 4th-generation 360THP engine recently officially came off the production line at its Xiangyang Plant. The 4th-generation 360THP engine is co-developed by DPCA and the Stellantis APAC R&D Center, with all core components sourced from global top suppliers such as Bosch, Mahle, Pierburg, NGK, and BorgWarner. It del...

News  Updated at: 2024/03/08

e and maintain its first place for profitability among Tier 1 players through its Commercial, Operations, and Innovation programs. The intentions include (I) strengthening its leadership in the Electric and Specialties, (II) capturing opportunities for High Value growth in North America, Europe and Apac regions, (III) reinforcing its efficiencies program through digitization programs launched in recent years, (IV) accelerating its sustainable tra...

News  Updated at: 2024/03/07