Turkiye automotive industry archives record export in 2025 On March 30, the Turkish Minister of Industry and Technology, at the General Assembly of the Automotive Industry Association (OSD), announced that the Turkish automotive industry achieved record-breaking export level of USD 41.5 billion in 2025.  The government will continue to focus on efforts to further advance its trade integration with the European Union, its most important export ma...

News  Updated at: 2026/03/30

Slate Auto replaces CEO ahead of affordable EV launch Slate Auto has appointed former Amazon executive Peter Faricy as CEO just months before launching its first affordable electric truck. Founding CEO Chris Barman will move into a new role as President of Vehicles, overseeing the technical areas of engineering, design, manufacturing, purchasing, and quality while she focuses on delivering the truck “on time and on budget.” Faricy will lead S...

News  Updated at: 2026/03/11

Renault announces futuREady strategy On March 10, Renault Group introduced a new strategy called futuREady to keep growing and stay strong. The company will use its vehicle platforms to improve competitiveness and create products that better meet customer needs. Renault will also focus on growing markets such as India, South America, and South Korea to expand globally. The company plans a second product launch phase, introducing 22 new models in ...

News  Updated at: 2026/03/10

with the new Twingo and new Dacia EV. We also have a stable C-segment position plus a new Dacia C-segment car, and we have also maintained international growth overall. We give priority to value over pure pricing power, with strong channel mix, residual values, and model mix discipline. There’s a focus on pricing over volume.  Nissan and FlexisQ: Could you detail the capital allocation for Nissan and Flexis? A: [François Provost, CEO] Priorit...

News  Updated at: 2026/02/24

Ford reports Q4 and 2025 results, upbeat on 2026 after USD 8.2 billion loss in 2025 On February 10, Ford Motor Co. that its Q4 and full-year 2025 financial results as it navigated added costs of President Donald Trump's tariffs and struggled with production of its profitable full-size pickups and SUVs due to a supplier fire.     •  For Q4, revenue was down 4.8% to USD 45.9 billion. The Q4 net loss of USD 11.1 billion reflected the impact of ...

News  Updated at: 2026/02/12

ayed 62 models spanning 11 brands. This year though, the usual buzz around new vehicles was amplified by a marked increase in live entertainment and interactive play: Cupra ran a contest in a mini padel court, Škoda set up a bottle-drop catching game, Volkswagen featured a football goal challenge, Ford had a model racetrack, and Opel brought a racing simulator. MINI also deployed two dancing Bearskin Guards, while BYD leaned into a club-style en...

News  Updated at: 2026/01/29

Ford to produce Ranger Tremor at Pacheco plant in Argentina On January 14, Ford Argentina announced the addition of the Ranger Tremor to its midsize pickup manufacturing lineup at its Pacheco plant in Argentina. Unveiled during the Detroit Auto Show, the new version will start production in late 2026 to supply South American markets, joining the previously confirmed Ranger Single Cab and Plug-in Hybrid variants. Ford stated that the Ranger Tremor...

News  Updated at: 2026/01/15

Ford cancels USD 6.5 billion LGES battery contract for axed new-gen E-Transit On December 16, LG Energy Solution (LGES) announced in a regulatory filing that Ford Motor has terminated its long-term EV battery supply agreement, citing changes in the policy environment and weakening demand for EV. Under contracts signed in October 2024, LG Energy Solution was to supply 34 GWh of batteries to Ford from 2026-30 and an additional 75 GWh from 2027-32 ...

News  Updated at: 2025/12/18

SK On, Ford to break up U.S. battery joint venture On December 11, SK On announced it and its joint venture partner Ford mutually agreed "to restructure their U.S. EV battery manufacturing joint venture, BlueOval SK" as SK On directs its business to focus on growth areas including energy storage systems. As a result of this restructuring, the BlueOval SK Battery Park (two battery plants) in Glendale, Kentucky will become wholly owned by a Ford s...

News  Updated at: 2025/12/12

logies, Ltd., an EV charging operator in the United Arab Emirates Savvy Charging has local permits from authorities such as DEWA (Dubai Electricity & Water Authority) and established relationships across government, utilities, transportation and large fleet operators. The partnership will initially focus on localizing the e-Boost product. The initial phase of the partnership focuses on the delivery of a paid pilot unit: the e-Boost G.O.A.T., a fu...

News  Updated at: 2025/12/03

Ford ends Focus production at Saarlouis Plant in Germany On November 18, multiple sources reported that the Ford has rolled the final Focus model off the assembly line in Saarlouis, after 27 years in production.  Based on multiple sources...

News  Updated at: 2025/11/19

Ford to invest USD 366 million to restart Chennai engine plant in India in 2029 On October 31, Ford Motor Co. confirmed plans to revive manufacturing operations at its Chennai plant with a focus on producing all-new, next-generation engines, with an investment of about INR 32.5 billion (USD 366 million).  The plant will be retooled to make high-tech engines for export markets with an annual capacity of 235,000 units, the statement said. Ford sai...

News  Updated at: 2025/11/01

e and MHCV sales of 3,872 units represented a 14.2% decrease. FCAI Chief Executive Tony Weber said that in Australia, with more than 100 BEVs and more than 50 PHEVs available, manufacturers have worked hard to provide Australians with high-quality electric vehicles. What is needed now is a stronger focus on encouraging demand, in particular public recharging infrastructure.China’s rise as a source of new cars continued in September. In addition...

News  Updated at: 2025/10/06

Ford delays launch of next-gen electric pickup and commercial van to 2028 Ford Motor Co. confirmed that it will delay the launch of a next-generation electric commercial van and full-size electric pickup truck to 2028. The company had previously updated the launch timelines of both vehicles in August 2024. At that time, Ford said that it would launch the electric commercial van, set to be produced at the Ohio Assembly Plant, in 2026. In August 20...

News  Updated at: 2025/08/09

Kyungshin Cable de México inaugurates USD 50 million expansion On August 4, it was reported that Kyungshin Cable de México inaugurated the expansion of its manufacturing operations in Gómez Palacio, Mexico, thanks to a USD 50 million investment. The new facility, Kyungshin Cable Gómez Palacio II, created 1,000 direct jobs and will focus on producing battery module assemblies (BMA) for Ford electric vehicles. So far, 56% of the planned investm...

News  Updated at: 2025/08/07

Ford to reveal new EV, platform on August 11, CEO Farley says On July 30 during the investors call following release of its Q2 report, Ford CEO Jim Farley announced a new EV strategy and the coming reveal of a new electric vehicle and EV platform on August 11 at its Louisville Assembly Plant in Kentucky. During 2023 negotiations with the UAW, Ford promised to invest USD 1.2 billion into Louisville Assembly and an "all-new EV product" following th...

News  Updated at: 2025/08/01

UTAS-NOVA invests MXN 930 million in automotive lighting plant in Aguascalientes, Mexico On July 22, Chinese company UTAS-NOVA Automotive Lighting Systems began the construction of its new MXN 930 million plant in the VESTA Industrial Park, south of the city of Aguascalientes, Mexico. The facility will generate more than 250 new jobs and will focus on the manufacture of exterior lighting systems for the global automotive industry. The complex wil...

News  Updated at: 2025/07/30

Ford may develop new passenger car lineup with partners for Europe Ford Germany boss Christoph Herr recently told dealers there that Ford is planning to add new passenger cars to its European lineup at some point, a big turnaround after eliminating most of those types of vehicles from its lineup in recent years. Reports suggested that these new European Ford passenger cars will begin arriving in 2027, though Ford will be counting on partnerships ...

News  Updated at: 2025/07/23

IAV, Germany establishes shielded test chamber for cybersecurity in operation On July 7, IAV announced that it has established a test chamber at the Gifhorn site that is hermetically shielded from radio networks. Vehicles up to the size of medium-duty vehicles, such as the largest version of a VW Crafter or Ford Transit, can fit in the "shielding chamber." It is part of the Cybersecurity Lab.  Since no radio waves penetrate inside, none escape o...

News  Updated at: 2025/07/11

Euro NCAP awards top safety ratings to 7 new models On May 21, Euro NCAP tested the latest models from Audi, Dacia, Ford, MG, Opel/ Vauxhall, Peugeot, Renault, Tesla, Voyah, and Volkswagen for crash protection, crash prevention, and post-crash safety. Seven models earned top 5-star ratings, i.e., Audi A5 PHEV, Audi Q5, Volkswagen Tayron, MG MGS5 EV, Tesla Model 3, Toyota C-HR PHEV, and Voyah Courage. The Kia EV3 also got 5 stars when fitted with ...

News  Updated at: 2025/05/21