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Stellantis Recalls 1.46 Million Vehicles Globally Due to Brake System Malfunction

Washington, September 7 (FinanceFlashNews) — Stellantis, parent company of Chrysler, has initiated a global recall of 1.46 million vehicles due to a software malfunction...

Toyota Cuts 2026 EV Production Target by a Third

Tokyo, September 6 (FinanceFlashNews) – Japanese automaker Toyota has slashed its 2026 global production target for electric vehicles (EVs) by a third. According to...

South Korea to Accelerate EV Battery Certification Program Amid Safety Concerns

Seoul, August 25, 2024 (FFN News) – The South Korean government has announced plans to expedite its electric vehicle (EV) battery certification program, following...

Audi Considers Future of Troubled Belgian Plant

Audi's Brussels plant faces high operating costs and declining sales, prompting Volkswagen to lower its annual forecast. The plant currently produces only the aging Q8...

GM to Lay Off Over 1,000 Employees in Software and Services Division

General Motors (GM) plans to lay off more than 1,000 employees in its software and services division as part of a reorganization aimed at...

BYD Announces Construction of New Auto Manufacturing Plant in Pakistan

BYD plans to enter the Pakistani market with electric vehicles. A new manufacturing plant in Karachi is scheduled to begin operations in 2026. The company will...

Swedish Polestar Begins U.S. Production to Bypass Tariffs on Chinese-Made Electric Vehicles

Washington, August 14 (FFN) - Swedish electric vehicle manufacturer Polestar has taken a significant step to sidestep U.S. tariffs on cars imported from China....

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