Honda Motor has “postponed indefinitely” its plans to build a CAD 15 billion (US$ 11 billion) battery electric vehicle (BEV) plant in Canada.

Taiwan’s new vehicle market declined by 4.5% to 31,407 units in April 2026 from 32,876 units in the same month last year.

Nissan has announced a number of restructuring plans to its European operations. The planned measures will include cutting around 900 jobs in Europe – around 10% of Nissan Europe’s total – and merging ...

Tenneco has enlisted banks to arrange a potential stock market listing, as it charts a course back to public markets after its 2022 privatisation.

Nissan Motor has scrapped plans to produce two battery-powered SUVs at its Canton plant in the US state of Mississippi.

EU member states are pressing for rapid implementation of the bloc's side of a trade agreement with the US, as President Donald Trump threatens to raise tariffs on European cars and trucks to 25%.

BYD said its April 2026 production and sales results showed year-on-year (YoY) declines across its new energy vehicle (NEV) segments.

South Korean steel and chemicals group Posco Holdings announced it has finalised an agreement worth US$ 765 million.

Ford posted a sharp first quarter earnings rebound in 2026, with net income rising to $2.55bn from $473m a year earlier.

Several carmakers, including Nissan, Hyundai and Toyota, have cautioned that entry-level vehicles could disappear from the US market if the USMCA is not renewed or is substantially diluted.

Nissan has updated its earnings guidance for FY25, now expecting an operating profit of Y50bn instead of the Y60bn operating loss it had forecast earlier.

Mercedes-Benz Group said its first quarter 2026 performance was broadly in line with its full-year expectations, with support from financial discipline, free cash flow and demand for new models.