Nissan, Honda, and Mitsubishi Motors Sign MOU on Collaborative Considerations
Nissan Motor Co., Ltd., Honda Motor Co., Ltd., and Mitsubishi Motors Corporation have signed a memorandum of understanding (MOU) to explore Mitsubishi Motors’ potential involvement in the business integration being planned between Nissan and Honda. This collaboration aims to amplify synergies across the companies, enhancing their collective competitiveness in the evolving automotive landscape. Expanding the […]
Nissan and Honda sign MOU to Consider Business Integration
Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. have announced the signing of a memorandum of understanding (MOU) to explore a business integration through the establishment of a joint holding company. The move aims to bolster global competitiveness and deliver innovative products and services, aligning with the automotive industry’s rapidly evolving landscape. Driving Toward […]
The Chevrolet Corvette ZR1 is the Fastest Corvette Ever
Chevrolet’s engineers have raised the bar with the new Corvette ZR1, which has been officially crowned the quickest and fastest Corvette in history. Recently tested on the High-Speed Oval Track at ATP Automotive Testing in Papenburg, Germany, the ZR1 reached a staggering top speed of 375km/h, solidifying its place among the fastest production cars ever […]
Volkswagen Strikes Landmark Agreement with Unions, Plans 35,000 Job Cuts in Germany
Volkswagen, Europe’s largest carmaker, has announced a sweeping restructuring plan for its German operations, including more than 35,000 job cuts and capacity reductions. The deal, reached in a last-minute negotiation with unions, aims to avert mass strikes while positioning the company for a competitive future in the rapidly evolving auto industry. German Chancellor Olaf Scholz […]
Hyundai and BAIC Bolster China Joint Venture with $1.1 Billion Investment Amid Sales Decline
Hyundai Motor and BAIC Group are committing $1.1 billion to revive their struggling joint venture, Beijing Hyundai Motor Co., as they aim to reposition themselves in China’s fiercely competitive auto market. The funding is set to stabilize the joint venture’s financial health and accelerate its transition toward electric vehicles (EVs), a segment dominated by domestic […]
Farewell to a Legend: Volkswagen Ends Production of Iconic VR6 Engine
After nearly 34 years of production and 1.87 million units, Volkswagen has officially retired its legendary narrow-angle VR6 engine. The final unit of the six-cylinder powerhouse was built on December 12, marking the end of an era for an engine that became synonymous with innovation and versatility. The Birth of the VR6 Introduced in 1991, […]
Next-Gen Fiat 500 To Arrive in 2032 Despite Sales Struggles
Stellantis is going through a tough time after CEO Carlos Tavares suddenly stepped down. Despite this, the company has confirmed that a new Fiat 500 will arrive in 2032. However, the current electric Fiat 500e sales have been slow, leading to production pauses. Keeping the Fiat 500 in Turin The Fiat 500, a popular city […]
Mazda’s Iconic SP: Concept Moves Closer to Production
Over a year has passed since Mazda introduced the Iconic SP concept at the Japan Mobility Show, hinting at the return of its iconic RX series. The sleek two-seater coupe with a two-rotor engine sparked excitement and speculation about the revival of the RX line. Now, Mazda’s CEO, Masahiro Moro, has confirmed that work on […]
EV Battery Prices Hit Record Low, Sparking Optimism for Mass Adoption
Electric vehicle (EV) battery packs are now more affordable than ever, with average costs dropping 20% in 2024 to $115 (RM517) per kilowatt-hour (kWh), according to BloombergNEF’s annual battery price survey. This sharp decline, the most significant since 2017, is attributed to an oversupply of production capacity, reduced prices for raw materials and components, and […]
Maserati and Sparco Bring Bespoke Racing Kits
Maserati Corse has announced a collaboration with Sparco, bringing fans of the iconic Trident brand closer to the heart of motorsport. The partnership introduces two bespoke racing kits—“Replica” and “MCXtrema”—designed to embody the pinnacle of performance, innovation, and craftsmanship. This initiative celebrates a shared passion for excellence and reaffirms Maserati and Sparco’s dedication to pushing […]