Researchers at Dutch firm Computest have disclosed multiple vulnerabilities in the infotainment system of some Volkswagen and Audi models, allowing them to remotely access the system and…
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<p>Read the latest news about Iran’s automotive industry, market trends, output figures, & import data, along with updates about Iran Khodro, Saipa and Pars Khodro</p>
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A ruling issued on Monday will make it more difficult for employers in the Golden State to treat their workers as independent contractors, who do not enjoy many of the rights employees do, such…
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Roughly nine out of ten scrappage centers have been forced to shutter their business and the remaining are grasping at straws as ill-conceived government policies in the auto sector start to…
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Iranian motorbike makers have ten months to upgrade their facilities to meet Euro4 standards and the country's automotive inspection centers are on the fast track to get new equipment so as to…
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Private Iranian automaker Bahman Group has initiated the sales of a Haval SUV model H2. The sales began on 10 a.m. local time on Saturday. The vehicle is priced at 958.9 million rials ($22,830)…
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In the first of its kind, the Scandinavian country is trialing the world's first public road which allows electric vehicles to recharge while driving. Similar to a slot-car track, vehicles are…
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Iran's key automotive sector experienced a significant surge during the fiscal which ended in March. With 1,534,799 units rolling out of factories, the companies collectively recorded a 13.7%…
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Hyundai Motor said it will cancel $890 million worth of treasury shares, its first stock cancellation in 14 years—a plan that comes amid heavy shareholder pressure to improve returns,…
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Two Japanese automakers, including Honda Motor, issued profit warnings for the current financial year on worries a stronger yen would erode their operating earnings, wiping out the impact of…
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Iranian motorcycle manufacturers have roughly ten months to upgrade standards or halt production altogether.
The government of President Hassan Rouhani introduced a directive back in…
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Private Iranian automaker Bahman Group has forayed into manufacturing the Chinese compact SUV, Haval H2.
Haval is an automotive marque owned by the Chinese automaker Great Wall Motors…
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The Beijing International Automotive Exhibition is a barometer of the state of the world’s biggest passenger-vehicle market. New cars are launched and startups vie for attention against their…
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Volkswagen AG’s luxury unit Audi said on Tuesday that it was recalling 1.16 million vehicles worldwide because of concerns that an electric coolant pump could overheat or short-circuit from…
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Iran’s largest private automaker Kerman Khodro is hoping to raise capital by a public stock offering, an initiative that can shake things up and alter the status quo of Iran’s auto market.
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General Motors Co’s South Korean unit on Monday said it has reached a tentative wage deal with its labor union, meeting a key condition laid down by the US automaker to prevent it filing for…
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The widely used ride-hailing application Snapp will pursue new business opportunities by merging its program with hotel reservation apps and collaborating with Irancell to unveil a SnappPay…
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The Iranian Parliament on Sunday advanced plans to directly engage in monitoring and moderating the country’s turbulent auto market.
A total of 142 lawmakers voted for urgently pushing…
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SAIPA, Iran’s second-largest auto manufacturer, is revealing plans for expanding ties with two of its Chinese partners, Brilliance and Changan, to further grease the wheels for the company’s…
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Allocation of 7 trillion rials ($166.6 million) worth of bonds for completion of Line 7 has helped speed up the construction, Head of Tehran Urban and Suburban Railway Operation Company told…
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Planned job cuts at carmaker Opel will save enough cash to meet owner PSA Group’s turnaround targets, the works council chief said on Friday, as Opel workers’ rejection of further concessions…
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Tesla’s electric car sales will suffer due to increased competition from German automakers, according to J.P. Morgan. The firm reaffirmed its underweight rating on Tesla shares, citing the…
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Tesla CEO Elon Musk has set an aggressive new target for production of the Model 3, and it will operate its Fremont, California factory 24 hours a day to meet the goal, according to an internal…
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In light of the massive disturbance in Iran's forex market, automotive industry insiders are anticipating that car prices will skyrocket when the Competition Council gives the green light to…
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China will scrap a limit on foreign ownership of automotive ventures by 2022 in a major policy shift to open up the world’s biggest car market, even as trade tensions simmer between Washington…
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Iran Khodro is set to launch mass production of Peugeot 301 in the coming months as part of a joint venture agreement with PSA Group’s Peugeot brand.
The €400-million joint venture,…
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