VinFast Emerges as Third-Largest Global Automaker with Skyrocketing Market Cap
Vietnam's pioneering electric vehicle (EV) manufacturer, VinFast, has catapulted to become the world's third-largest automaker by market capitalization, following the…
China’s BYD Accelerates Mobility Ambitions with $2.2 Billion Acquisition of Jabil’s Unit
In a significant development, Chinese electric vehicle manufacturer BYD has sealed a deal to acquire the mobility business of Jabil's…
South Korea’s Hybrid Car Market Surges Past $4.56 Billion in H1 2023
In an impressive feat, South Korea's hybrid car market has surged to a substantial 6.12 trillion won (equivalent to $4.56…
Hyundai Strengthens Presence in India’s Auto Market with Acquisition of GM’s Plant
In a strategic move aimed at bolstering its position in the Indian automobile market, Hyundai has acquired General Motors' car…
A Simple Guide to Hybrids, Plug-In Hybrids, and Electric Vehicles
The world of cars is changing, and greener options are taking the center stage. You might have heard of hybrids,…
Yellow Corp Files for Bankruptcy Following Prolonged Financial Struggles
Yellow Corp., a prominent player in the trucking industry, has officially declared bankruptcy after years of grappling with financial difficulties…
Ford Maintains Dominance as America’s Top-Selling Automaker
In the highly competitive automotive market, Ford proudly upholds its position as the leading brand in the United States, securing…
South Korea’s Car Exports Soar to Record High in H1 Fueled by Strong Electric Vehicle Sales
South Korea has achieved a significant milestone in its automobile export sector, as the country's car exports reached a record…
China’s Automobile Exports Exceed 2 Million Units in H1
China's automobile export industry witnessed a remarkable surge in the first half of 2023, with the country exporting over 2…
Toyota Raises $1.5 Billion in Bonds to Drive EV and Safety Projects
Toyota Motor Corporation is preparing to issue $1.5 billion in sustainability bonds on Thursday to fund environmental and social initiatives,…