At the 2025 Japan Mobility Show, AISIN’s president, Moritaka Yoshida, outlined what many automakers are quietly racing toward ...
Indonesian conglomerate Chandra Asri Group is in talks to raise around US$850m in debt for its acquisition of ExxonMobil’s ...
In Chandra Asri’s case, the bank loan represents 60% LTV and the mezz is between 60% and 85%, while the equity cushion is 15% ...
The fresh touches were inspired by the gorgeous Mercedes-Benz Vision Iconic Concept, which debuted earlier this month. Are ...
Africa’s electric vehicle (EV) market is accelerating rapidly — projected to reach $4.2 billion by 2030, more than double its current value, according to market research firm Mordor Intelligence. Yet ...
China's Dramatic Rise to Auto Dominance The transformation happening in the global automotive industry isn't happening ...
Longevity in the automotive landscape is rare.Brands come and go, while those that do last, still have ebbs and flows in ...
Alec Baldwin is okay after he crashed his car into a tree, authorities said. Alec Baldwin crashed his car into a tree while driving in East Hampton on Monday, according to authorities. The front of ...
Rahul Naskar has years of experience writing news and features related to Android, phones, and apps. Outside the tech world, he follows global events and developments shaping the world of geopolitics.
Just a couple of years ago, America’s auto industry had visions of an all-electric future. It has since abandoned that talk after the Trump administration eliminated the federal government’s ...
Major German automotive supplier ZF Friedrichshafen said Wednesday it will cut 7,600 jobs by 2030, as the crisis gripping the country's battered auto sector accelerates.
BERLIN (Reuters) -ZF Friedrichshafen will cut around a quarter of its workforce in its electrified powertrain technology unit by 2030 under a restructuring deal reached with its works council and ...