BASF is getting out and VW may follow. China said in response it hopes businesses in Xinjiang "cherish" their opportunities and not believe "rumours" about forced labour

CEO He Xiaopeng said the carmaker would hire 4,000 new workers and invest $486m in AI, as China faces a year seen as the first of a “knockout round” for Chinese auto brands

The launch marks a second straight win for the Japan Aerospace Exploration Agency after its lunar lander, SLIM, achieved a "pinpoint" touchdown last month

Small exporters in India, many of whom work on small margins, have warned that job losses could soar if attacks in the Red Sea drag on for months this year

VW has said it is reviewing “the future direction of business" in Xinjiang, where a test track was constructed for the German carmaker, allegedly using forced labour

Late last year a Russian firm imported car kits to assemble Citroёn C5 models at an old plant still owned by Stellantis; they came from China's Dongfeng Motor Group

Government data released on Thursday showed that GDP fell by an annualised 0.4% in the October-December period after a 3.3% slump in the previous quarter

Chinese carmaker is doing a study on building a factory in Mexico, which would export cheap EVs to the US; other plants are also opening or planned in Thailand, Hungary and Brazil

The departures are among the most drastic changes Daihatsu has made so far after revealing last year it had rigged side-collision safety tests for 88,000 small cars

France has named an energy veteran as its envoy to IMEC, a major rail and ports project seen as a Western alternative to China's Belt and Road Initiative, linking Europe to the Middle East and South Asia

China has invited top car and battery makers to a new research body to try to develop a world-class battery, that bolsters its transition to electric and new energy vehicles

The purchase of jets from Qatar aimed to fill an air defence 'gap', but lawmakers said the planes were old and Prabowo's plan drew more heat during his election campaign