automotive industry

Chery in Russia: Filling the Gap Left by Western Brands

Chinese automaker Chery has begun assembling vehicles in Russia, taking over production in three factories previously operated by Volkswagen, Mercedes,…

1 month ago

Japan Automakers Invest $4.3 Billion in Thailand’s EV Future

Major Japanese automotive manufacturers have pledged an investment of 150 billion baht ($4.34 billion) into Thailand over the next five…

11 months ago

French government to provide 8 billion euros to help revive their car industry

The president of France, Emmanuel Macron, announced this week a fiscal stimulus of €8 billion to help the French car…

4 years ago

British Supercar manufacturer McLaren to cut more than 25% of their workforce

As the world’s economies continue to reel from the damage caused by the spread of Covid-19, Supercar manufacturer McLaren is…

4 years ago

The fate of the proposed merger between Fiat-Chrysler and PSA group to be decided by June 17

In recent years, the automotive industry has experienced a number of mergers leading to the market becoming increasingly dominated by…

5 years ago