Automobile sector

The limits of China’s trade concessions to Europe

Stella Li, Executive Vice President of BYD, speaks during a press conference on media day at the 2026 Paris Auto Show in Paris, France, on Oct 12.

BYD plans hiring spree to bolster European workforce to 40,000

BYD executive vice-president Stella Li said the company’s workforce in Europe would be “absolutely over 40,000 in 2030”.

Malaysia suspends sale of Chery Omoda 5 after viral incident; Singapore cars not affected

The Omoda 5, a sport utility vehicle, has had its second recall in two years, both in relation to rear axle issues.

Pain at the pump sends Philippine car buyers rushing to EVs, hybrids

China’s BYD delivered 28,399 units in the eight months through to August in the Philippines, 99% higher than the same period in 2025.

Jony Ive defends $790,000 Ferrari Luce design panned by critics

A Ferrari Luce all-electric vehicle at the Wave by Vento tech conference in Turin, Italy, on Wednesday, Oct. 7, 2026. Wave is formerly Italian Tech Week. Photographer: Giuliano Berti/Bloomberg

Toyota, Honda halt Thai production as floods disrupt supply chains

The disruption followed accumulated rainfall of more than 320mm in just three days, leaving major transport routes heavily flooded and some roads impassable to smaller vehicles.

EV sales are booming in Europe with fuel at record highs

Sales of electric trucks like MAN’s eTGX have been picking up in Europe as diesel prices soar.

Autobahn Rent A Car charged over keeping two deregistered vehicles

In late 2025, Autobahn Rent A Car and its related companies were revealed to be S$300 million in debt to creditors including DBS, OCBC, UOB, automotive financing companies and dealers.

German auto workers stage mass protests in bid to save jobs

BMW workers participating in a protest rally as part of the IG Metall Day of Action in Munich on Sept 21.

VinFast names founder’s eldest son Pham Nhat Quan Anh as its global CEO

EV maker VinFast planning to restructure into a more asset-light company as it seeks growth in key markets such as South-east Asia and India.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.