Tesla has decided recall approximately 239,000 vehicles due to a defect that could prevent the rear-view camera from displaying an image, Reuters reported.

Domestic sales dropped by 1.4% to 61,323 units in December from 62,172 a year earlier, following much sharper declines in previous months. Over the full year, the company’s domestic sales declined by ...

General Motors (GM), in partnership with TWG Motorsports, has established a new company, GM Performance Power Units LLC, to position the Cadillac brand as Formula 1 competitor.

FEV, a Germany-based engineering services provider for the automotive industry, has introduced CogniSafe, an advanced AI-supported driver monitoring system.

Hyundai Motor announced this week that its US customers can now purchase its vehicles online through the Amazon website.

Japan’s new vehicle market finished 2024 on a weak note, with sales falling by over 9% to 329,786 units in December from 362,839 units a year earlier.

Hyundai Motor Group (HMG) has entered into a strategic partnership with US chip-maker Nvidia Corporation to develop “advanced AI technologies to drive the future of mobility”, the South Korean ...

Countries rearrange trade relationships according to geopolitical alliances as the world awaits a rise in US protectionism.

The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber Industries (SRI).

Hyundai Motor Group announced this week it is lifting its planned investments in South Korea by 19% to US$16.6bn.

Renesas Electronics plans to reduce its global workforce by less than 5%, equating to fewer than 1000 jobs due to weak chip demand, reported Nikkei.