Kia India, a subsidiary of South Korea’s Kia Corporation (000270.KS), is at the center of a criminal investigation involving the systematic theft of automotive parts from one of its manufacturing plants in Andhra Pradesh. According to official police documents, two former employees are suspected of orchestrating the disappearance of 1,008 car engines, with an estimated…

Indian automaker Bajaj Auto (BAJA.NS), a key player in the electric vehicle (EV) sector, is facing significant challenges due to a shortage of rare earth magnets, essential components for electric motors. China dominates over 90% of global production of these magnets, which are critical not only for EVs but also for clean energy technologies and…

Geely Automobile (0175.HK) captured the spotlight on Asian financial markets after announcing its intention to take Zeekr, its innovative electric vehicle subsidiary, private. The news triggered an impressive surge of nearly 7% in Geely’s stock price, as analysts and investors weighed the broader implications of this bold move. Inside the Deal – What’s at Stake?…

Amid ongoing changes in global markets and tariff policies, recent updates from STMicroelectronics have captured analysts’ attention. The leading semiconductor manufacturer noted that US tariffs have not yet adversely affected its client relationships. During a press briefing, CEO Jean-Marc Chery stated that there has been «no evident panic among clients or immediate reaction,» signaling resilience…

BMW (BMWG.DE) is charting a new trajectory by announcing plans to integrate DeepSeek’s artificial intelligence technology into its vehicles for the Chinese market. This strategy, revealed by CEO Oliver Zipse at the Shanghai Auto Show, underscores the German automaker’s commitment to remaining at the forefront of technological innovation in one of the world’s most dynamic…

The global electric vehicle (EV) market is evolving at a rapid pace, and the recent delay in the European launch of Nio’s Firefly highlights the complex realities of international expansion. Initially, the Chinese automaker planned to bring its new Firefly model to European roads in the first half of the year, but this debut has…

Recent developments in global trade have again highlighted the vulnerability of supply chains. Xpeng, a prominent Chinese electric vehicle manufacturer, has emphasized its commitment to tight oversight following the introduction of new U.S. tariffs under the Trump administration. Mounting tension in U.S.-China relations adds to the uncertainty, demanding swift decisions and flexible strategies. How Xpeng…

Volkswagen has made a significant announcement, revealing that it more than doubled its deliveries of electric vehicles in Europe in the first quarter of 2023. The total reached an impressive 150,000 units, marking a 101% increase compared to the same period last year when 74,400 electric vehicles were sold. This remarkable growth indicates substantial changes…

South Korean company LG Energy Solution recently reported a remarkable 138% increase in quarterly operating profit. This success was attributed to the state of the electric vehicle (EV) market and its collaboration with major global automakers like General Motors and Tesla. LGES continues to strengthen its position as a key player in the EV battery…

Foxconn, renowned as a leading Taiwanese contract manufacturer and partner for Apple’s iPhone production, is making a bold move into the automotive sector. With a seminar scheduled for April 9 in Japan, the company is set to unveil its strategy for electric vehicles. This development has captured the interest of financial market experts, particularly following…

An official statement from the Chinese Embassy in Spain has once again drawn attention to the evolving electric vehicle market. According to the latest information, Stellantis, in partnership with Chinese firm Leapmotor, plans to invest US$200 million in a Spanish plant. This move is set to establish Spain as the primary production hub for the…

The number of car thefts in the USA has shown a significant decline, marking one of the most noteworthy trends in the past four decades. A key factor behind this change has been the efforts of automakers like Hyundai and Kia to strengthen anti-theft measures, alongside the easing of supply chain restrictions, which has made…

In response to increasing pressure on the automotive industry in Europe, several major manufacturers such as Honda, Suzuki, Stellantis, and Toyota are preparing for significant changes in their strategies. In 2025, they will join forces with Tesla to reduce carbon dioxide emissions in line with European Union regulations. This initiative has gained urgency due to…

On Friday, S&P Global Ratings downgraded the long-term credit rating of Nissan Motor (7201.T) to «BB.» This move reflects the current outlook on the company’s business performance, as industry analysts note that Nissan’s automotive sector lacks the rapid transformative progress needed to compete effectively with its global peers. Overview The downgrade signals a range of…

Ford Motor (F.N) has once again captured media attention following the announcement of a new recall affecting 240,510 vehicles in the United States. The National Highway Traffic Safety Administration (NHTSA) reported potential issues with the safety belt buckle bolts in select 2020–2021 models of the Ford Explorer and Ford Aviator. This news has sparked widespread…

As the global automotive industry transitions to electric vehicles (EVs) at a rapid pace, advancements in battery technology and strategic alliances increasingly dictate market dynamics. In a notable development, Japanese automaker Toyota Motor Corporation (NYSE:TM) has confirmed plans to redirect its battery orders to a Michigan plant that was previously part of a collaboration between…

The global investment climate is constantly evolving, and the dynamics of major automakers have a significant influence on the financial markets. In today’s competitive environment, corporate events involving companies like Honda Motor (7267.T), Nissan Motor (7201.T), and Toyota Motor (7203.T) attract the attention of market analysts.  Market Analysis in the Automotive Sector   Recent negotiations between…

The launch of battery production at Tesla’s new Shanghai megafactory marks a significant step in the company’s strategy for expansion in Asia. Confirmed on Tuesday by China’s official news agency Xinhua, this development underscores Tesla’s commitment to sustainable transportation. The Shanghai megafactory is a crucial element in Tesla’s (NASDAQ: TSLA) plan to increase global battery…

Ford Motor Company (F.N) is navigating through unavoidable economic challenges as it continues its journey into the world of electric vehicles and associated technologies. Recent financial reports present a challenging picture: the company is expecting losses up to $5.5 billion in 2023, similar to the previous year. This highlights the difficulties faced by the automaker…

Tesla, the world’s leading electric vehicle manufacturer, has once again captured the spotlight with its decision to significantly raise prices on its cars in Canada. As revealed on the company’s Canadian website, prices for all Tesla models will see an increase starting February 1. This move has already generated widespread interest in global markets and…

The sales launch of the new Haval H7 in Africa is set for January 15, 2025, and this event has generated significant buzz among car enthusiasts and manufacturers alike. It’s important to note that despite its visual similarities to the H7 version expected in Russia, this is a completely different model-the renamed second generation of…

At the recent CES 2025 exhibition, BMW unveiled its new iDrive system, which promises to create waves in the automotive world. The spotlight was on the innovative technology that allows the digital interface to be transferred from the traditional dashboard to the vehicle’s windshield. This groundbreaking feature not only enhances functionality but also gives drivers…

Modern technologies are rapidly transforming the automotive industry, turning cars from simple means of transportation into highly sophisticated devices. However, alongside the convenience of digital services, car owners face new risks. Recent events involving Volkswagen have become a telling example of how vulnerabilities in data management can threaten the privacy of millions of users. What…

Global changes in the economy, energy sector, and labor market are forcing leading companies worldwide to pursue innovative approaches to business management. One such example is the German car manufacturer, Volkswagen. The company recently announced its intention to secure its factories and guarantee job retention for its workforce until 2030. However, such a decision will…

The world of luxury automobiles has just gained a formidable new player. Chinese giants JAC and Huawei have officially introduced their premium electric vehicle brand — Maextro. The debut model, a luxury electric sedan named S800, is designed to compete with industry titans such as Mercedes-Maybach, Rolls-Royce, and Bentley.   Huawei describes the S800 as «a…