CLEPA warns EU green transition at risk without policy shift On May 15, the European Association of Automotive Suppliers (CLEPA) advised that the EU's fast-paced green transition will fail unless policymakers adjust their approach. Automotive suppliers, caught between political goals and market realities, are struggling with bankruptcies, site closures, and falling investments, leading to major job losses. About 62% of suppliers are dealing with ...

News  Updated at: 2025/05/16

ACEA advocates simplification of EU Deforestation Regulation On May 14, the European Automobile Manufacturers’ Association (ACEA) stated that the implementation of the Deforestation Regulation (EUDR) places increased burdens on companies, such as through investments that are needed to comply with implementation, setting up technical support and so on. This all comes with an impact on the OEMs’ competitiveness. Therefore, ACEA advocates for fu...

News  Updated at: 2025/05/15

two companies established a joint venture with 25% of the investment coming from Honda. The estimated amount of investment in the plant is JPY 180 billion, and the plant will have an annual separator production capacity of approximately 700 million square meters. Asahi Kasei positions the series of investments as the “first phase investment” in the battery field, but it intends to scrutinize investment plans in the second and subsequent phase...

News  Updated at: 2025/05/15

bile unit sales target has been revised downward to 3.62 million units mainly due to a decrease in Asia. As the growth of the electric vehicle market has been slower than initially expected, Honda reviewed the timing of comprehensive value chain project in Canada and decided to postpone large-scale investments there. Details of the trajectory change of electrification strategy will be explained in Honda’s business update, which is scheduled for...

News  Updated at: 2025/05/13

s on electric vehicle (EV) production. A key outcome of the meeting was the formation of a working group to evaluate strategic projects, including the potential installation of an EV manufacturing plant in Sonora. This initiative aligns with the Sonora Sustainable Energy Plan, which aims to attract investments in clean energy and high-tech sectors. Governor Durazo emphasized that the region’s focus on electromobility and semiconductor manufactu...

News  Updated at: 2025/05/13

ies. Representatives from the SMMT, the Department of Transport, Ford, Volvo Trucks, DAF Trucks UK, and Alexander Dennis (to name but a few) discussed the challenges and opportunities in adopting battery-electric, hydrogen and alternative fuel solutions, the role of regulation, as well as necessary investments and financial incentives to accelerate the transition to net-zero. Advancements in Autonomous Technologies Another major talking point was...

News  Updated at: 2025/05/12

FIOM-CGIL confirms 200 job cuts at Stellantis Termoli plant amid ongoing uncertainty On May 8, FIOM-CGIL union confirmed that 200 more workers are set to leave Stellantis’ Termoli plant, Italy, through voluntary redundancies, in addition to recent job cuts shared with local unions.The union warns that job losses are rising due to a lack of new investments, slow arrival of new models, and no real progress on the Termoli gigafactory project. At t...

News  Updated at: 2025/05/09

ts, as the EU believes these measures “blatantly violate fundamental WTO rules”. As the European Commission is beginning negotiations with the U.S. this week, officials are expected to present Washington with a menu of options, including ideas to lower trade and non-tariff barriers and boosting investments in the U.S. that could be turned into formal proposals. (Detroit News and other sources on May 8, 2025)...

News  Updated at: 2025/05/09

Ministry of Business, Italy and STMicroelectronics sign agreement for development of Catania site On May 7, the Ministry of Business and Made in Italy and STMicroelectronics signed an agreement to support the growth and expansion of the STMicroelectronics site in Catania.  The implementation of the program includes investments of EUR 5 billion in the period 2023-2037, with public incentives exceeding EUR 2 billion.  Thanks to the new investment...

News  Updated at: 2025/05/08

024 through March 31, 2025) increased by 6.5% year-on-year to JPY 48,036.7 billion. Operating income decreased by 10.4% year-on-year (YoY) to JPY 4,795.6 billion, while net income attributable to Toyota Motor Corporation decreased 3.6% to 4,765.1 billion. Operating income was negatively affected by investments in human resources and growth areas (EV, hydrogen, software, etc.), volume decline and model mix deterioration due to the suspension of pr...

News  Updated at: 2025/05/08

TVS Motor, India to launch Norton motorcycle products by Q4 FY 2026 On May 5, TVS Motor Company confirmed that Norton motorcycle products will be launched by the fourth quarter of FY 2026. TVS clarified that when it acquired Norton, it had only acquired the brand, with no existing product lineup in place. Since then, it has focused its investments on product development, which is now in the final stages and expected to be ready for market launch ...

News  Updated at: 2025/05/07

int investment projects in Iran’s automotive and electricity sectors. The Chamber's president encouraged Sweden to revive past successful ventures like joint vehicle manufacturing with Volvo and invest in sectors not affected by sanctions. He said the Iranian government is ready to guarantee such investments. He signaled readiness to expand economic ties with hopes to make progress in nuclear negotiations with the US and potential sanctions rel...

News  Updated at: 2025/05/07

do continue to leverage China as a vehicle export hub to regions such as Australia, South America and other areas." Asked whether Ford has capacity at U.S. plants to bring Mach-E, Bronco Sport and Maverick production from Mexico, House said Ford is studying its overall footprint. “We do have some investments in new manufacturing facilities that are happening right now. We’re investing over USD 10 billion in three new facilities, which will ad...

News  Updated at: 2025/05/07

sly moving parts at line speeds, one of the most complex challenges in workflow automation. With Inbolt’s AI-powered 3D vision, manufacturers can now automate screw insertion, bolt rundown, glue application and other high-precision tasks on parts moving down the line without costly infrastructure investments or cycle time compromises. The solution is available immediately for FANUC CRX models and robots with Stream Motion. The new Inbolt and FA...

News  Updated at: 2025/05/07

AvtoVAZ, Russia plans to assemble cars in Iran On May 3, Multiple sources reported that AvtoVAZ is planning to assemble cars in Iran. Starting May 15, free trade between Iran and the Eurasian Economic Union will begin. This will reduce the cost of joint investments between Iranian and Russian companies.  Based on multiple sources ...

News  Updated at: 2025/05/06

Maruti Suzuki, India allocates up to INR 90 billion Capex for FY 2026, focuses on flexible EV manufacturing In an investor update, Maruti Suzuki (MSIL) announced that its CAPEX in FY 2025 was approximately INR 84 billion. For FY 2026, it is planning a capex in the range of INR 80 to 90 billion, excluding any investments in Suzuki Motor Gujarat (SMG). MSIL also revealed plans to launch two new models in FY 2026, including the e-Vitara, its upcomin...

News  Updated at: 2025/05/02

Araya Industrial Estate, Thailand set to draw new investments, including EVs/chips Announced on April 25, 2025, the Industrial Estate Authority of Thailand (IEAT) congratulated the collaboration between IEAT and Araya Land Development Co., Ltd. on the establishment of the Araya Industrial Estate in Samut Prakan Province. This will be the 73rd industrial estate under IEAT's supervision, designed to support emerging industries and contribute to the...

News  Updated at: 2025/05/02

program is expected to generate savings of EUR 150 million in 2025, with EUR 50 million already generated in 2024. This program is also expected to generate annual savings of EUR 300 million from 2026. In H1/2025, the company aims to reduce its administrative and selling costs by around 5% and its investments in property, plant and equipment as well as intangible assets by around 15%, compared with the same period of 2024. Valeo has also conduct...

News  Updated at: 2025/04/30

in variable cost savings and SEK 5 billion in indirect spending efficiencies. Additionally, SEK 10 billion will come from extra cash-saving measures aimed at reducing working capital and capital expenditures in 2025 and 2026. These investment reductions are in addition to the already planned lower investments. Volvo Cars will also implement job reductions across its global operations, with further details to be provided soon. Volvo Cars plans to...

News  Updated at: 2025/04/29

Toyota debuts FCEV fleet, infrastructure and next-gen system plans at ACT Expo 2025 On April 28, Toyota Motor North America reaffirmed its commitment to a Hydrogen Society at the 2025 Advanced Clean Transportation Expo, introducing hydrogen-related plans, investments and debuting new fuel cell technologies and products. Toyota Group Vice President of Powertrain Engineering Jordan Choby announced plans to introduce hydrogen-powered fuel cell elect...

News  Updated at: 2025/04/29