telematics, wheel speed sensors, instrument clusters, electronics domain, etc., and similar latest technologically advanced products. The board has decided to explore various options like technological collaboration, joint ventures, or other feasible modes as part of the company’s future business strategy and growth plan. The process of identifying a suitable partner is under discussion. Based on Sandhar Technologies Limited stock exchange fili...

News  Updated at: 2026/05/21

project is part of the company’s USD 1 billion investment plan announced in January 2026 and is expected to reach an annual capacity of approximately 80,000 units by 2030. The initiative will leverage existing infrastructure and workforce capabilities at the Ramos Arizpe plant, reinforcing GM’s strategy to strengthen its manufacturing footprint in Mexico and reduce reliance on imports in high-volume segments. The company highlighted that the ...

News  Updated at: 2026/05/21

cement does not mention a possible future manufacturing partnership, the deal could eventually give JLR, owned by Tata Motors, access to Stellantis factories in the U.S., enabling it to sidestep import tariffs in its largest market. Stellantis CEO Antonio Filosa is due to present details on his new strategy at a Capital Markets Day event on May 21, which is expected to emphasize new partnerships as a means of corporate growth. Stellantis release ...

News  Updated at: 2026/05/21

Faraday Future to transform into Physical AI ecosystem company On May 17, Faraday Future founder and Global CEO YT Jia announced a major transformation strategy aimed at repositioning the company as a leading U.S.-based Physical AI and robotics company. Faraday Future plans to focus on two core product areas in its "Embodied AI" (EAI) ecosystem, humanoid and bionic robots, and AI-powered automotive robots, including its FF 91 and the newer FX Sup...

News  Updated at: 2026/05/21

Symbio increases hydrogen fuel cell production and targets new energy markets On May 18, Symbio announced that it is expanding into new markets with continued support from its partners, Forvia and Michelin. A new strategy focuses on hydrogen mobility and power generation. The company is scaling up its 75-kW hydrogen fuel cell for vehicles and stationary use. It is already used in buses in France and trucks in U.S. and is being tested to supply el...

News  Updated at: 2026/05/19

Chery Holding Group, Conch Group forge in-depth industrial chain partnership On May 11, Anhui Conch Group Co., Ltd. (Conch Group) signed a strategic cooperation agreement with Chery Holding Group in Wuhu. Driven by the national strategy and regional economic development, the two companies will conduct in-depth industrial chain cooperation in areas such as automotive glass, new polyurethane materials, and New Energy Vehicle (NEV) applications. The...

News  Updated at: 2026/05/19

bringing cumulative sales to 21,924 units in the first four months of the year. Month-on-month performance has shown steady growth since January, supported by new model introductions and rising demand for electrified vehicles. UMW Toyota continues to pursue Toyota’s multi-pathway electrification strategy by offering a range of electrified mobility solutions. The company is also enhancing aftersales support, service readiness, and customer expe...

News  Updated at: 2026/05/19

Renault announces name of upcoming pickup to be built in Argentina On May 18, Renault announced the name of its upcoming pickup model, Niagara, as part of its global product strategy aimed at expanding its presence outside Europe. The new pickup will be officially unveiled on September 10 in Argentina and is scheduled to go on sale in Latin America by the end of 2026. The model will be produced at the company’s plant in Cordoba, reinforcing the...

News  Updated at: 2026/05/19

deployment, enhance quality through predictive monitoring, and reduce risk across operations, advancing a manufacturing operation that is more predictive and autonomous. Stellantis will continue to assess and evolve this initiative in collaboration with Accenture and NVIDIA as part of its long-term strategy to modernize manufacturing operations. (Stellantis release on May 18, 2026)...

News  Updated at: 2026/05/19

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

Auto China 2026: AUMOVIO deepens collaboration with Leapmotor, shares updates on its local partnerships in China AUMOVIO SE announced at Auto China 2026 a further deepening of its partnership with Leapmotor to support the automaker's globalization strategy and the high-quality development of its overseas business. AUMOVIO will support Leapmotor's overseas expansion through its global engineering service network, multi-regional regulatory certific...

News  Updated at: 2026/05/18

a planned leadership transition following the resignation of President Director Gilarsi Wahju Setijono, effective after shareholder approval on May 19. The company said the change is part of routine governance and will not impact operations or strategic direction. VKTR also reaffirmed its long-term strategy to build a localized commercial EV ecosystem in Central Java, shifting from a standalone manufacturing model to an integrated “factory-to-e...

News  Updated at: 2026/05/18

Toyota reportedly files plan for USD 2 billion manufacturing plant in Texas On May 15, multiple sources reported that Toyota Motor Corp. has filed with the Texas Comptroller of Public Accounts for approval to build a new USD 2 billion manufacturing facility in the state, reinforcing the company’s U.S. production strategy. The proposed site, located in Bexar County alongside Toyota's existing truck factory in San Antonio where the company alread...

News  Updated at: 2026/05/16

factor in competing with emerging companies that are gaining prominence through software-driven logic. In this instance, MarkLines conducted an interview with JTEKT Executive Officer and CTO, Mr. Katsutoshi Sakata, focusing on technologies that play a central role in the company's mid- to long-term strategy, including the second-generation Rack Parallel EPS (RP-EPS) (photo 3), Linkless Steer-by-Wire (SBW: Syncusteer) (photo 4) first installed in ...

News  Updated at: 2026/05/15

Mexican government presents Olinia EV prototype On May 13, Claudia Sheinbaum presented the prototype of Olinia, a Mexican-developed electric mini-vehicle designed for urban and rural mobility, as part of a broader strategy to establish a domestic automotive brand in Mexico. The vehicle is aimed at providing an affordable, zero-emission mobility solution tailored to local conditions, including narrow streets and mixed-use transportation needs. It ...

News  Updated at: 2026/05/15

[Exclusive Interview] Geely on Global Powertrain Strategy in a Multi Track Transition: System Level Innovation and Global Differentiation At the occasion of the Vienna Motor Symposium 2026, MarkLines had the privilege of conducting a written interview with Ms. Ruiping Wang, Senior Vice President, Geely Auto, exploring Geely's global powertrain strategy and its approach to innovation amid the industry's multi track transition. Based on these direc...

News  Updated at: 2026/05/15

Honda will reallocate all excess capacity at its auto plants in Ohio, to production of gasoline and hybrid vehicles and will make all of its auto plants in North America capable of producing hybrid models. Honda has positioned North America, Japan and India as priority markets for its future growth strategy and will strategically allocate its resources to these markets. Japan: The company will expand its EV model lineup mainly in the mini-vehicl...

News  Updated at: 2026/05/15

ementing rigorous quality control measures and using parts specifically designed for the Japanese market, while also establishing seven dealerships and 52 after-sales service locations nationwide as part of our customer-centric initiatives." ・ Executive Vice President Kim also touched on Kia's EV strategy, aiming to cover everything from last-mile to large-scale transport by expanding the PBV lineup to suit customer needs, including the additio...

News  Updated at: 2026/05/15

Honda revises electrification strategy, plans to launch 15 next-generation hybrid models by FY 2029 On May 14, Honda Motor Co., Ltd. (Honda) announced a new business strategy centered on hybrid vehicles (HVs). The company plans to introduce next-generation HVs from 2027 onward, launching 15 models globally by fiscal year 2029. Meanwhile, it has withdrawn its goal of making all new vehicle sales consist of electric vehicles (EVs) and fuel cell veh...

News  Updated at: 2026/05/15

Ford to introduce Transit City in Argentina On May 14, it was reported that Ford will expand its commercial vehicle portfolio in South America with the introduction of the new Transit City, an electric van scheduled to arrive in the region by the end of 2026. The model is part of the Ford Pro strategy to diversify its lineup and support the transition toward zero-emission mobility solutions for urban logistics. The Transit City is positioned as a...

News  Updated at: 2026/05/15