Thailand's vehicle production declined 0.44% year-on-year in April to 103,794 units as weaker domestic demand and export disruptions weighed on output, according to the Federation of Thai Industries (FTI).

Germany’s automotive industry association warned that another 125,000 jobs could disappear from the country’s car sector by 2035 unless major policy and competitiveness changes are made.

European carmakers will soon be required to use more recycled plastics in new vehicles under provisional EU rules agreed on Friday by member states and lawmakers.

Toyota has kept its annual net profit forecast unchanged, despite a 26 percent decline in earnings for the first half of the financial year.