ARCHION announces mid-term business plan, aiming operating profit margin of 10% or higher, synergies of JPY 110 billion Through its two-pillar framework of “growth” and “efficiency,” ARCHION will accelerate competitiveness driven by business integration, with the integrated platform strategy at the core of strengthening product competitiveness. On a pro forma basis (combined figures for Hino and Mitsubishi Fuso, adjusted based on specific...

News  Updated at: 2026/05/18

new company. For overseas locations, the MinebeaMitsumi group companies will acquire the business through business transfers or other methods. The acquisition price is undisclosed. The business transfer date is scheduled for November 2, 2026. MinebeaMitsumi positions the motor business as the third pillar of its operations among its core businesses called the “Eight Spears,” and aims to accelerate the strengthening of automotive motors, a foc...

News  Updated at: 2026/05/14

Panasonic Energy to shift growth focus from automotive batteries to AI infrastructure batteries Panasonic Holdings Corporation (Panasonic) announced on May 12 that Panasonic Energy Co., Ltd., its battery business company, will shift its pillar of growth from automotive batteries to energy storage systems (ESSs) for artificial intelligence (AI) data centers and other applications. Panasonic Energy will change its automotive battery and cell produc...

News  Updated at: 2026/05/14

refining the design, improving interior space and the functionality of the infotainment system, thereby enhancing its product appeal. In Japan, where sales have been struggling, Mazda has begun accepting pre-orders this spring for the soon-to-be-launched CX-5, which also plays a crucial role as a "pillar" for Mazda's business. The CX-5 accounts for 26% of Mazda’ global sales, and 18% of its Japanese sales, and is praised for its easy-to-handle...

News  Updated at: 2026/05/01

on. Exposed wiring may come into contact with sheet metal, potentially resulting in arcing and soot buildup over time from circuit shorts and Body Control Module (BCM) restarts. A short in the power takeout for the right or left sunvisor assembly can create heat or spark, resulting in fire in the A-pillar area. The headliner wiring harnesses were manufactured by Versigent of Troy, Michgan. As a remedy, Ford dealers will inspect the wiring for dam...

News  Updated at: 2026/04/24

tions for software-defined vehicles (SDVs) at Auto China 2026 in Beijing from April 24 to May 3. The highlight is its unified software-defined cockpit experience, which combines computing, artificial intelligence (AI), ultrathin MiniLED Full Array Local Dimming (FALD) display, HorizonView 44.8-inch pillar-to-pillar display, human-machine interface (HMI) functions, and advanced interior technologies into a single system. Built on QNX’s real-time...

News  Updated at: 2026/04/10

l material business in the fiscal year that starts in April 2030 (FY2030). The company finds it difficult to expect growth in the sales of its main product such as airbag base fabric and other automotive products, and aims to develop the mobility-related functional material business as a new profit pillar, as part of its new mid-term business plan announced on April 6 for the five years through the end of FY2030. For FY2025, Toyobo estimates an o...

News  Updated at: 2026/04/07

ill be organized into six domain-specific areas: lighting, electronics, interiors, propulsion, green technologies, and ride dynamics. Highlights will include a Lighting: corner-to-corner headlamp, microLED headlamp technologies, and flat lit surfaces; Electronics: ultra-thin MiniLED and HorizonView pillar-to-pillar displays, zone control unit for scalable audio, and a high-fidelity Ethernet audio amplifier. Connectivity: affordable 5G RedCap solu...

News  Updated at: 2026/03/26

production could eventually scale to around 1 million units per year at Fremont, with additional global Tesla facilities potentially joining production if demand materializes. Five-year outlook for Tesla The next five years will likely determine whether Tesla’s robotics strategy becomes a durable pillar of the company’s business model. From a cost perspective, current estimates suggest a unit price of around USD 20,000-30,000 per robot, while...

News  Updated at: 2026/03/23

cell to pack) technology, leading to weight reduction and cost savings, along with new digital systems such as Panoramic iDrive (the latest generation of BMW's display and operating concept, including a 17.9-inch central display), the newly developed Panoramic Vision display system extending from A-pillar to A-pillar at the bottom of the windshield, 3D head-up display and the “Heart of Joy,” which controls driving functions and reacts 10 time...

News  Updated at: 2026/03/18

Egypt Government discusses localization with Mercedes-Benz On March 14, the Ministry of Trade and Industry of Egypt held a meeting with Mercedes-Benz Egypt to discuss opportunities to localize the automotive industry. The ministry stressed that the National Automotive Industry Development Program (AIDP) represents a key pillar for attracting major global brands through an unprecedented package of incentives aimed at localizing this vital industry...

News  Updated at: 2026/03/16

mpetitiveness and high energy density, and high-voltage middle-nickel (HVM) precursors that take performance and cost competitiveness into consideration. In addition, the South Korean company will position its sulfide-based electrolyte material business for all-solid-state batteries as a new growth pillar and present a medium- to long-term vision for becoming a core material manufacturer for next-generation secondary batteries. Also, ahead of the...

News  Updated at: 2026/03/10

RONIC transmission and AIRMATIC air suspension calibrated for Indian conditions. Its standard equipment includes AMG Line exterior trim, MULTIBEAM LED headlamps, 18‑inch AMG alloys, MBUX touchscreen, Burmester surround system, etc. Its safety features include seven airbags (including A‑to‑D‑pillar window airbags), active distance assist DISTRONIC, active lane keeping assist, blind spot assist with rear cross‑traffic alert, a 360‑degre...

News  Updated at: 2026/03/02

ysian government’s targeted fuel subsidy programs, which may reduce consumer inclination to switch from Internal Combustion Engines (ICEs) to xEVs. As such, the target is likely dependent on government policy regarding fuel subsidy programs and xEV incentive measures. Exports remain the secondary pillar of the 2030 strategy, as Proton’s shipment volumes are set to grow from 5k units in 2024 and 6k units in 2025 to 99k units by 2030. Proton an...

News  Updated at: 2026/03/02

Mercedes-Benz announces further details of its MBUX Hyperscreen On February 27, Mercedes-Benz announced further details of the MBUX Hyperscreen featured in the EQS. The MBUX Hyperscreen consists of a 141-centimeter-wide curved glass display stretching from pillar to pillar, integrating the instrument cluster, central display, and a dedicated passenger screen into a single visual unit. The system uses OLED technology in the central and passenger d...

News  Updated at: 2026/02/28

KG Exhibitions Limited announced a partnership with the Motorcycle Manufacturers Association of Nigeria (MOMAN) and the Automotive Local Content Manufacturers Association of Nigeria (ALCMAN) to accelerate local automotive manufacturing and reduce the country’s heavy reliance on imports. A central pillar of the alliance is the transformation of trade exhibitions into structured platforms for industrial matchmaking. Under the alliance, future exh...

News  Updated at: 2026/02/23

ll transition into formal regulation through amendments to the Fuel Control Act. Draft legislation covering hydrogen storage, transport, and refueling operations is expected between 2026 and 2027. Despite high development costs and infrastructure challenges, policymakers see hydrogen as a long-term pillar of Thailand’s decarbonization roadmap and 2050 net-zero target. (From an article of Bangkok Post on February 17, 2026)...

News  Updated at: 2026/02/18

ile technology. NanoIC is the first European facility to deploy the most advanced Extreme Ultraviolet lithography machine, focusing on designing and manufacturing chips using technology beyond two nanometres. Designed to bring chip technologies from the ‘lab to the fab', the pilot lines are a key pillar of the Chips for Europe initiative under the Chips Act. Based on European Union press release...

News  Updated at: 2026/02/10

Schaeffler positions humanoid robot and hydrogen-related business as fifth pillar in Japan Schaeffler Japan Co., Ltd. (Schaeffler Japan, Hodogaya Ward, Yokohama City), a Japanese subsidiary of Schaeffler AG (Schaeffler), will strengthen its new business segment. Schaeffler has positioned the new segment as its fifth pillar and expects that humanoid robot and hydrogen-related areas, in particular, will become new sources of revenue. The company pl...

News  Updated at: 2026/02/03

MG Motor Middle East introduces all-new MG Rakan On January 28, MG Motor Middle East announced the launch of the all-new MG RAKAN, the first vehicle in the Middle East to carry an Arabic name as its official model designation. The name of the vehicle is derived from the Arabic word ‘Rukn’, meaning pillar or foundation. The name RAKAN is a permanent part of MG’s regional lineup, highlighting the brand’s commitment to incorporating Arabic i...

News  Updated at: 2026/01/29