News
Momenta prepares $1bn Hong Kong IPO at $9bn valuation
1+ day, 18+ hour ago (245+ words) The company develops technology it describes as the "brain" for autonomous vehicles. It sells driving assistance systems to carmakers. Chinese autonomous-driving company Momenta is preparing for a Hong Kong initial public offering (IPO) that could raise about $1bn, The Wall Street…...
Malaysia vehicle sales fall 12% in May
1+ day, 20+ hour ago (393+ words) The market last month was held back by annual holidays. Malaysia's new vehicle market declined by 12% year-on-year to 61, 250 units in May 2026 units, reflecting fewer working days during the month due mainly to religious holidays, according to registration data released by…...
HCLTech signs software partnership with Volkswagen subsidiary e. solutions
5+ day, 12+ hour ago (341+ words) Under the deal, the Indian technology firm will work with the Germany-based automotive software specialist on AI-enabled infotainment and connectivity platforms built on android automotive. The partnership is intended to address growing demand for connected and digital in-vehicle experiences. HCLTech…...
Mercedes-Benz to expand India's role in software, AI and sourcing
5+ day, 12+ hour ago (397+ words) Mercedes-Benz is broadening the strategic role of its Indian operations, with the country set to take on greater responsibilities in software development, artificial intelligence (AI), and supply chain activity. Chief technology officer J'rg Burzer told Bloomberg that India would play…...
Tata Motors, BMW among automakers set to raise prices in India
2+ mon, 3+ week ago (302+ words) The increases come as rising materials and logistics costs, tied to turmoil in the Middle East, start to weigh on the sector. Tata Motors and BMW are among the carmakers planning price increases in India next month, as higher materials…...
Thailand's Pickup market: Economic strains and shifting preferences
6+ day, 19+ hour ago (40+ words) Just Auto Unlock FREE Access to Premium Content Get exclusive forecasts, analyst insights, EV/powertrain outlooks, and trend analysis'free with your profile. With a free Just Auto profile, you can:...
Volkswagen reduces T-Roc Cabrio production at Osnabr'ck, Germany " report
6+ day, 19+ hour ago (331+ words) Volkswagen is cutting production of its T-Roc Cabrio convertible SUV at its Osnabr'ck facility in Germany, fuelling growing concern among worker representatives over the plant's long-term future. A company spokesperson, cited by Reuters, confirmed that the T-Roc Cabrio " described as…...
BMW Group cuts 2026 outlook on China slump and Middle East pressures
6+ day, 19+ hour ago (376+ words) BMW Group has lowered its full-year 2026 guidance across key financial metrics, pointing to a deteriorating Chinese car market and the economic fallout from the Middle East conflict. The German automaker now expects its automotive segment earnings before interest and taxes…...
Aion launches the "Great 8 promise" - what exactly is it?
1+ week, 13+ hour ago (41+ words) Aion launches the "Great 8 promise" " what exactly is it? Just Auto Unlock FREE Access to Premium Content Get exclusive forecasts, analyst insights, EV/powertrain outlooks, and trend analysis'free with your profile. With a free Just Auto profile, you can:...
Egypt partners with China's ROX Motor for local EV production
1+ week, 12+ hour ago (293+ words) Egypt has entered into an agreement with Chinese automaker ROX Motor and Ezz El Arab El Sewedy Industrial Investment Group to produce vehicles domestically and expand the country's automotive export capacity. The deal will see the joint venture manufacture ROX…...