Volkswagen Korea will expand its product lineup by 2021 to boost sales and regain consumer confidence in Asia’s fourth-biggest economy, a company executive said Thursday.
China’s leading automaker First Automotive Works (FAW) and German automaker Audi signed a memorandum of understanding Tuesday on the establishment of a joint venture for production of electric vehicles based on the PPE platform.
Auto supplier Magna will take a 6% stake in Fisker and build the electric-car startup’s first vehicle, the $37,499 Ocean SUV
Fisker, Inc. has a new deal with a familiar name in the auto industry, Canada-based Magna International.
When it launched in April, Tesla Inc’.s Model 3 was the hottest new-energy vehicle (NEV) in China.
Listed IT company 4iG on Wednesday said it signed an agreement to buy a majority stake in INNObyte and its subsidiary Innoware Kft..
Hyundai chief Chung Eui-sun has been named chairman of the automotive conglomerate to replace his 82-year-old father.
LG Innotek Co., a major electronics components maker in South Korea, said Wednesday it has developed a high-efficiency ferrite core that boasts the lowest power loss in the industry.
Hyundai Motor Group’s longtime heir Chung Euisun on Wednesday officially took over the helm at the South Korean auto giant as it pushes to morph into a future mobility solutions provider.
The miniature motors that make iPhones buzz on silent helped power Japan’s Nidec to become a 1.5-trillion-yen ($14 billion) company.
The Toyota Camry was America’s symbol of dull reliability — but the death of sedans spurred its wild, sporty new identity
When I handed over the keys to the 2020 Toyota Camry XSE V6 TRD press unit I’d been driving for a week, I was puzzled.