Auto Industry News

The National Highway Traffic Safety Administration (NHTSA) said it has received notices of incidents in which self-driving Cruise vehicles "may engage in inappropriately hard braking or become immobilized."

Taiwan has turned a wary eye on China's ambition to boost its semiconductor industry and is tightening legislation to prevent what it says is China stealing its chip technology.

Mahindra, as part of its long-range strategy, is considering whether to build vehicles in North America, to take advantage of incentives built into the U.S. Inflation Reduction Act.

President Zelenskiy said The $60 price cap on seaborne Russian oil agreed by Group of Seven nations and Australia is not serious and will do little to deter Russia from waging war in Ukraine.

Soitec and STMicroelectronics are deepening their cooperation over the manufacturing of a key and fast-growing material used in the electric car industry.

The Biden administration broke its silence on European Union deliberations over a $65-70 per barrel Russian oil price cap, warning far-lower prices cited for some Russian Urals crude shipments should be approached with caution.

Hyundai and SK will build a new battery manufacturing plant in the U.S. state of Georgia to supply the Korean automaker's U.S. assembly plants.

A strike by South Korean truckers is estimated to have cost 1.6 trillion won ($1.23 billion) in lost shipments.