German car component supplier WKW Automotive has declared bankruptcy. This is reported in a WKW press release. WKW supplies decorative slats and other spare parts for VW, Mercedes and BMW cars. The ...
Hyundai Motor India Limited (HMIL) reaffirmed its commitment to India's 'Atmanirbhar Bharat' initiative by localizing over 1,200 key components and launching locally assembled EV battery packs at its ...
President Donald Trump’s plans to institute a 25% tariff on Canadian and Mexican goods on Feb. 1 have the potential to shake up automakers’ pricing, product availability and supply chains.
US President Trump said he could impose 25 per cent tariffs on Canada and Mexico from Feb. 1, sending shares of several Asian automakers and battery firms lower in trading on Tuesday.Here are ...