Global freight demand remains resilient as artificial intelligence infrastructure, electrification, and energy-transition cargoes drive strong shipping volumes despite geopolitical conflicts, extreme weather,…
Hankook Tire & Technology has reported a 58.1% increase in second quarter operating profit, with consolidated revenue reaching KRW5,682 billion (€3.47 billion),…
Global oil markets are facing a sharper supply squeeze than anticipated following renewed escalation in the Iran war, the International Energy Agency…
Hiroshi Okuda, the former CEO of Toyota, has died at the age of 93. Okuda led the development of the hybrid Prius…
A newly filed patent from Stellantis describes a split, fold-down tailgate that could work for sedans and hatchbacks, significantly boosting cargo volumes.…
Cooper Standard, an automotive supplier, has reported higher second-quarter sales but lower earnings due to higher raw material costs, inflation, and tariffs.…
General Motors has agreed to sell its 49.99% stake in a planned $3.5 billion electric-vehicle battery joint venture in Indiana to Samsung…
The UK new-car market has flipped the script on transmissions: automatic gearboxes now dominate to an unprecedented degree. Fresh registration data shows…
The Association of Natural Rubber Producing Countries (ANRPC) expects weather disruptions and a rebound in butadiene prices to support natural rubber (NR)…
Mazda’s flagship SUVs, the CX-70 and CX-90, are not performing well in the market, with sales dropping 29 percent and 24 percent…