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Hyundai Motor Group to invest $21 billion in the US over four years

Hyundai Motor Group to invest $21 billion in the US over four years

autherAutocar India     calendar25 Mar 2025

HMG to invest $8.6 billion in expand US local vehicle manufacturing capacity to 1.2 million units, and $6.1 billion to strengthen the supply chain including local procurement of key parts for EVs such as battery packs. The mega investment i...

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Tata AutoComp to acquire IAC Sweden
Tata AutoComp to acquire IAC Sweden

By Autocar Pro News Desk calendar24 Mar 2025

Strategic acquisition reinforces Tata AutoComp’s presence in Sweden and enhances the company’s relationships with key ...

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Mercedes' Kallenius Calls For US, EU to Abolish Auto Tariffs: Report
Mercedes' Kallenius Calls For US, EU to Abolish Auto Tariffs: Report

autherAutocar India calendar20 Mar 2025

Ola Kallenius, head of the German automaker said in an interview published that the European Union levies a 10% tariff...

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Toyota's Hino Motors Pleads Guilty to US Emissions Fraud, Fined $1.6 Billion: Report
Toyota's Hino Motors Pleads Guilty to US Emissions Fraud, Fined $1.6 Billion: Report

By Autocar Pro News Desk calendar20 Mar 2025

In January, Hino said it would plead guilty over excess engine emissions in more than 105,000 U.S. vehicles in the Uni...

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Magna and Nvidia to develop AI-driven next-gen automotive technologies
Magna and Nvidia to develop AI-driven next-gen automotive technologies

By Autocar Pro News Desk calendar19 Mar 2025

Collaboration to deliver AI-powered, scalable solutions for ADAS and autonomous driving systems, enabling software-def...

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Honda to Buy Batteries from Toyota's US Plant to Avert Tariff Risks: Report 
Honda to Buy Batteries from Toyota's US Plant to Avert Tariff Risks: Report 

By Autocar Pro News Desk calendar18 Mar 2025

At present, Honda sources batteries from China and Japan for the cars that it assembles in USA, but is preparing for p...

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Valeo’s EvenLED technology wins 2025 Road Safety Innovation Award
Valeo’s EvenLED technology wins 2025 Road Safety Innovation Award

By Autocar Pro News Desk calendar17 Mar 2025

Valeo EvenLED technology boosts vehicle visibility as a result of ultra-homogenous light diffusion. Available in red o...

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Hyundai Motor to join forces with Japan in building hydrogen network
Hyundai Motor to join forces with Japan in building hydrogen network

By Autocar Pro News Desk calendar11 Mar 2025

The Korean automaker, which is participating in the Japan-Korea Parliamentarians' Federation's visit to Japan, is part...

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Valeo and Finland’s TactoTek collaborate for innovative lighting solutions
Valeo and Finland’s TactoTek collaborate for innovative lighting solutions

By Autocar Pro News Desk calendar10 Mar 2025

Valeo will leverage TactoTek’ CES 2025 award-winning In-Mould Structural Electronics technology to offer unique interi...

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Stellantis SAE Level 3 hands-free and eyes-off autonomous tech ready for deployment  
Stellantis SAE Level 3 hands-free and eyes-off autonomous tech ready for deployment  

By Autocar Pro News Desk calendar10 Mar 2025

STLA AutoDrive has hands-free and eyes-off (SAE Level 3) functionality available up to 60kph, even at night and in cha...

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Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

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