Founded in 2016, Momenta supplies technology for mass-produced vehicles and robotaxi services.

Mercedes, GIC to back autonomous driving firm Momenta’s Hong Kong IPO: sources

Bosch has been hit hard by the automotive industry’s downturn.

Bosch CEO unexpectedly steps down after leading a massive job cut push

Polestar said it will continue selling existing inventory of its Polestar 3 and Polestar 4 electric vehicles and servicing existing customers.

Polestar barred from future US sales under Chinese tech rules

The average vessel waiting time for Singapore is more than one day, industry data shows.

Diverted freight, bad weather cause delays in Singapore port

Volkswagen’s namesake core VW brand and the parts-manufacturing plants would be spun off from the current group structure and incorporated into separate entities.

Volkswagen CEO aims to cut up to 100,000 jobs in the next few years

Aside from backing Toshihiro Mibe, Honda shareholders approved the company’s 10 other board nominees.

Honda CEO apologises for company’s loss, wins investor backing at annual meeting

The US-Iran war triggered a global jet fuel supply crunch that prompted carriers to cut flights and raise prices.

Airfares are staying high even as the jet fuel crisis fades

With a workforce of 5,500, France accounts for half of Renault’s global engineering staff.

Renault plans 800 engineering job cuts in France amid intense Chinese competition

The EU will apply a transitional three euro customs duty per product category on shipments of up to 150 euros to its member states from July.

SingPost expects huge dip in low-value parcels to EU initially as customs duty takes effect