Diesel engines

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2025 Isuzu unveiled the Dragon Max concept car, representing their latest exploration in vehicle design.
2025
Fiat JTD engine
The 2.2 Multijet Evo engine was Euro 7 approved and will be adopted by K0 commercial vehicles, replacing previous 1.5 HDI and 2.0 HDI engines.
2025 Hedmos, a new automotive brand for the Chinese market, was established by Stellantis with Bi Gao Cheng as its brand CEO.
February 2025 Volkswagen's market capitalization was valued at US$50.5 billion, highlighting the company's significant financial standing in the automotive industry.
February 26 2025 MHI reported plans to expand Australian operations to secure potential contracts for the Mogami-class ships to enter Australian service.
February 2025
Honda
Honda and Nissan announced the termination of merger talks after negotiations became complicated by growing differences.
February 5 2025 Received a maxi contract from Norwegian Cruise Line worth 9 billion euros for four cruise ships, to be delivered in 2030, 2032, 2034, and 2036.
2024 Slight revenue decrease to €75.9 billion, but net income further increased to €9.0 billion, with employee count growing to 327,000
2024
Fiat JTD engine
The new 2.2 Multijet Evo engine entered production.
2024
Volkswagen emissions scandal
BMW settled a $6 million class-action lawsuit related to emissions issues.
2024 Ended licensing of the Cat phone brand of mobile phones and rugged smartphones.
2024 Discontinuation of the International LoneStar semitractor.
2024 Aspern Plant in Austria closes down.
2024 Grugliasco Plant in Italy discontinues production.
2024 Purwakarta Plant in Indonesia opens through an Indomobil joint venture, starting production of Citroën ë-C3.
2024 Bielsko-Biała Plant in Poland closes its operations, which had been producing engines and gearboxes since 1948.
December 2024 Tens of thousands of Volkswagen workers in Germany go on strike in response to company challenges.
December 23 2024
Honda
Honda officially announced a Memorandum of Understanding to merge with Nissan, aiming to become the 3rd largest auto company by sales.
December 12 2024 Stellantis agreed to establish a joint-venture with Contemporary Amperex Technology Co. Ltd., investing €4.1 billion in a lithium iron phosphate battery plant in Zaragoza, Spain, supporting its zero carbon objective by 2038.
December 1 2024 Stellantis board accepted Carlos Tavares' resignation as CEO and established an Interim Executive Committee chaired by John Elkann to identify a new CEO.
November 2024 GM and TWG Global reached an agreement in principle to enter the 2026 Formula One World Championship under the Cadillac name, planning to use a Ferrari engine.
November 2024 Carlos Tavares is set to conclude his term as Chief Executive Officer of Stellantis.
November 27 2024 Volkswagen announced the sale of its Xinjiang factory in China, citing declining demand for combustion engine vehicles.
November 21 2024 Swedish battery producer Northvolt filed for bankruptcy, after Volkswagen had previously invested 1.4 billion euros in the company.
October 2024 GM increases investment in Lithium Americas from $650 million to $945 million to develop the Thacker Pass lithium mine in Nevada.
October 2024 Volkswagen plans to close at least three plants in Germany and cut jobs due to challenges with EV investments and declining Chinese sales.
October 1 2024 Navistar officially rebranded and became International Motors, LLC, implementing its new corporate identity.
September 2024 German Economy Minister Robert Habeck responds to potential mass layoffs at Volkswagen, stating the government would consider ways to help the company.
September 30 2024 Volkswagen experienced a 64% drop in profit for the three months ending September 2024.
September 25 2024 Navistar announced its plan to rebrand and change its name to International Motors, LLC, revealing a new logo and visual identity.
August 2024 San Francisco State University announced it would divest from Caterpillar as part of a deal with student activists, due to the company supplying equipment to the Israeli army.
August 13 2024 Texas Attorney General Ken Paxton filed a lawsuit against General Motors for selling detailed driver data to insurance companies like LexisNexis Risk Solutions and Verisk Analytics without consumer consent.
August 5 2024 Through its joint venture Orizzonte Sistemi Navali, received an order from the Italian Navy for a new patrol vessel worth approximately 236 million euros.
July 2024
Mercedes-Benz
Mercedes-Benz Group sold its final ten percent stake in Denza, completely exiting the Chinese car brand.
July 30 2024 In the half-yearly report, confirmed orders totaling 7.6 billion euros, significantly higher than 2.1 billion in the first half of 2023 and the entire 2023 figure of 6.6 billion euros.
July 18 2024 Announced a partnership with Hera for optimized management of industrial waste in construction sites to achieve ESG objectives.
July 11 2024 Successfully completed a capital increase operation by issuing new shares worth 400 million euros after taking over the naval armaments sector from Leonardo.
July 3 2024 Japanese Defence Ministry announced an investigation into bribery allegations involving Kawasaki and Maritime Self-Defence Force personnel over submarine repair contracts. Kawasaki committed to establishing its own internal inspection panel to investigate potential fictitious transactions and slush funds.
June 2024 Announced it will cease newspaper rotary printing press production due to declining demand.
June 2024 Confirmed the construction of the 4th new generation submarine for the Italian Navy, with a total order value of 500 million euros.
April 15 2024 GM announces relocation of its global headquarters from Renaissance Center to Hudson's Detroit development in 2025.
March 2024 Siemens announced the creation of a new £100m digital engineering facility in Wiltshire, UK, aimed at replacing its existing rail infrastructure factory in Chippenham with a new research and development centre, expected to open by 2026.
March 2024 Stellantis acquired a stake in SteerLight, an optical radar start-up headquartered in Grenoble, which manufactures sensors for autonomous driving.
February 2024 Volkswagen Group signed a technology cooperation and joint development agreement with Chinese electric vehicle manufacturer XPeng, focusing on platform and software collaboration.
January 2024 Volkswagen Group began seeking international technology partners to create AI labs and develop digital prototypes using artificial intelligence.
2023 The United Auto Workers (UAW) launched the first-ever simultaneous strike against all three major American automakers. UAW President Shawn Fain criticized the tiered workers system, inadequate wage increases, pension issues, and proposed a four-day workweek. GM CEO Mary Barra countered by offering a 20% wage raise and 'world-class' healthcare, while arguing that meeting all 1,000+ union demands would cost over $100 billion and potentially bankrupt the company.
2023 Chevrolet Camaro began racing in Australian motorsports, replacing Holden's previous racing platforms.
2023 Siemens invested €6.1 billion in research and development, with approximately 46,900 employees dedicated to R&D and holding around 43,600 patents worldwide.
2023 Siemens announced a partnership with Nvidia to leverage Nvidia's Omniverse platform with Siemens' 3D design capabilities.

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