Keywords: Automotive
Hyundai Motor India reported better-than-expected quarterly performance, supported by strong demand for sport utility vehicles (SUVs) in both domestic and export markets, even as overall profits declined year-on-year. The Indian subsidiary of South Korea’s Hyundai Motor Company posted a consolidated......
Italian braking systems manufacturer Brembo has upgraded its financial outlook for the year, citing stronger-than-expected resilience despite recent global supply chain disruptions linked to geopolitical tensions. The company now anticipates a 3% increase in annual revenue at constant exchange rates,......
Germany-based automotive supplier SFC Automotive Solutions has inaugurated a new industrial facility within the Tanger Med industrial zone, adding a significant investment to Morocco's rapidly expanding automotive sector. The ceremony brought together Morocco's Minister Delegate in charge of......
Chinese battery giant CATL has announced a new partnership with Turkish electric vehicle manufacturer Togg to co-develop cars based on its Panshi EV chassis, marking the company’s first overseas deployment of its EV platform. According to a company statement, the collaboration will focus on the......
State-backed ElectroMobility Poland (EMP) has announced a strategic partnership with Taiwan’s Foxconn to develop an electric vehicle manufacturing and research hub in southern Poland, marking a significant step in the country’s ambition to build a competitive domestic EV industry. The project......
Tesla recorded a significant increase in sales of its China-produced electric vehicles in April, with year-on-year growth of 36%, according to data from the China Passenger Car Association. The U.S. electric vehicle manufacturer continues to expand its presence in one of the world’s most competitive......
General Motors has announced the recall of more than 40,000 vehicles in the United States following concerns related to brake fluid contamination that could increase the risk of accidents. According to U.S. road safety authorities, sediments found in the brake fluid may affect braking system performance......
Stellantis has inaugurated a new automotive dismantling facility in the Aïn Sebaâ district of Casablanca, making Morocco the first country in the Africa and Middle East region to host such an installation for the group. The site operates under Sustainera, the Stellantis entity dedicated to......
Morocco's automotive sector exports reached approximately MAD 42 billion, equivalent to $4.57 billion, by the end of March 2026, a 12.1 percent increase compared to the same period in 2025, according to the latest monthly external trade indicators released by the Foreign Exchange Office. The performance......
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