News

Stellantis will halt its Sevel van making plant in central Italy from Wednesday 31 August to Saturday 3 September 2022 due to a shortage in supplies of parts, a spokesman for the company said on Tuesday 30 August. …

Toyota's global output sank for the fourth straight month as a shortage of semiconductors and supply chain disruptions caused by COVID lockdowns in China hurt production. …

An endemic shortage of chips costing anywhere from 50 cents to $10 is slowing down swathes of the $600bn semiconductor industry, Taiwan Semiconductor Manufacturing Co.’s top executive warned Tuesday. …

The Chinese electric vehicle and battery manufacturer BYD was able to achieve a net profit of almost 2.8bn yuan In the Q2 of 2022. …

France is readying a plan to subsidize electric-car leasing as part of President Emmanuel Macron’s campaign pledge to make them more affordable.  …

Xiaomi appears in talks with BAIC to collaborate on producing electric vehicles and is exploring options to take a stake in a Hyundai plant, according to media reports. …

Suzuki Motor Corp will set up a global research and development company in India, its president said on Sunday, pushing deeper into a market that is set to become an electric vehicle (EV) hub for the Japanese carmaker. …

Japan’s three biggest automakers are facing the greatest risk from climate change among global auto companies because much of their manufacturing remains concentrated in the island nation, according to a …

Mercedes-Benz has given the go-ahead for the production of the EQS SUV. The SUV offshoot of the all-electric EQS is now being produced at the US plant in Tuscaloosa for the global markets. …

Hongqi is the next Chinese car brand to enter the European market with electric cars. …