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Top News In Aut Today - Breaking & Trending Today

Special Report: How a fake ID let Hyundai suppliers use child labor in Alabama

On Nov 22, a team of state and federal labor officials conducted a surprise inspection and noticed a young-looking worker at a warehouse operated here by the logistics unit of Korean automaking giant Hyundai Motor Group. ....

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Germany's Hensoldt eyes acquisitions in bid for European consolidation, CEO says

Germany's Hensoldt is considering an acquisition of the defence electronics segment of Italy's Leonardo as part of efforts for European consolidation, CEO Thomas Mueller said in comments released on Thursday. ....

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LG Energy Solution Q1 profit more than doubles on U.S. gains

South Korea's LG Energy Solution said on Wednesday quarterly profit more than doubled, as the battery maker benefited from subsidies from the U.S. Inflation Reduction Act and solid U.S. sales of electric vehicles. ....

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Vietnam EV maker VinFast secures $2.5 bln in fresh funding pledges

Vietnamese electric vehicle maker VinFast said on Wednesday it had received a fresh round of funding pledges worth $2.5 billion for its future development, in a move that may signal a new delay to its planned listing in the United States. ....

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Taiwan chipmaker UMC says some happy to use China capacity others shun

A shift away from made-in-China chips amid Sino-U.S. tensions has opened up capacity that some customers are happy to use, Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday. ....

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