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Malaysia vehicle sales fall 12% in May

9+ hour, 16+ min ago  (393+ words) The market last month was held back by annual holidays. Malaysia's new vehicle market declined by 12% year-on-year to 61, 250 units in May 2026 units, reflecting fewer working days during the month due mainly to religious holidays, according to registration data released by…...

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Mercedes-Benz to expand India's role in software, AI and sourcing

4+ day, 1+ hour ago  (397+ words) Mercedes-Benz is broadening the strategic role of its Indian operations, with the country set to take on greater responsibilities in software development, artificial intelligence (AI), and supply chain activity. Chief technology officer J'rg Burzer told Bloomberg that India would play…...

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BMW Group cuts 2026 outlook on China slump and Middle East pressures

5+ day, 8+ hour ago  (376+ words) BMW Group has lowered its full-year 2026 guidance across key financial metrics, pointing to a deteriorating Chinese car market and the economic fallout from the Middle East conflict. The German automaker now expects its automotive segment earnings before interest and taxes…...

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Egypt partners with China's ROX Motor for local EV production

6+ day, 1+ hour ago  (293+ words) Egypt has entered into an agreement with Chinese automaker ROX Motor and Ezz El Arab El Sewedy Industrial Investment Group to produce vehicles domestically and expand the country's automotive export capacity. The deal will see the joint venture manufacture ROX…...

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Japan weighs mandatory EV battery collection law " report

6+ day, 7+ hour ago  (343+ words) Japan's government is weighing legislation that would compel automakers to collect used electric vehicle batteries, as the voluntary scheme struggles to keep pace. The country's Environment Ministry and Ministry of Economy, Trade and Industry jointly drafted a report last week…...

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Ford seeks US approval to keep importing China-built Lincoln Nautilus " report

6+ day, 8+ hour ago  (408+ words) Ford Motor has applied to the US Commerce Department for a waiver to keep importing its China-built Lincoln Nautilus SUV under new federal software restrictions, reported Reuters. The automaker confirmed that while the Nautilus's software is developed in the US,…...

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Mitsubishi to launch the all-new Eclipse Sportback in North America in H2

6+ day, 10+ hour ago  (244+ words) The new model is based on the Nissan Leaf and will be produced in Japan. Japanese automaker Mitsubishi Motors Corporation announced that it plans to launch an all-new battery-powered Eclipse Sportback in North America in the second half of 2026. The…...

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Pon Holdings acquires control of Audi's Thai distributor

6+ day, 10+ hour ago  (173+ words) The Netherlands-based company aims to improve Audi's performance in the region. Netherlands-based Pon Holdings has acquired a 75% stake in Audi's Thai distributor, Meister Technik Company, which operates mainly under the Audi Thailand name, after two years of negotiations, according to…...

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Geely to streamline structure, prioritise Hong Kong-listed unit

1+ week, 8+ hour ago  (289+ words) China's Zhejiang Geely Holding Group plans to simplify its corporate structure by shutting, merging or reorganising some entities, Bloomberg reported, citing a transcript posted by the company. The move is aimed at improving governance and concentrating resources around Geely Automobile…...

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Starmer expected to dilute UK electric vehicle sales targets " report

1+ week, 8+ hour ago  (507+ words) UK prime minister Keir Starmer is preparing to relax the country's electric car sales requirements by widening the role of hybrid vehicles, while leaving unchanged the government's commitment to ban the sale of new petrol and diesel cars from 2030. The…...

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