Digitimes October 20, 2026 By DIGITIMES positive

China's auto market contracts, Europe alone grows, Taiwan auto suppliers face risks

AI / LLM

Global passenger vehicle registrations totaled approximately 46.77 million in the first eight months of 2026, down 6% year-over-year. The market is expected to contract 3.4% for the full year, as China's domestic market plunges, Europe remains the only growth market among China, Europe, and the US, and the war involving Iran drives up oil prices and freight costs, creating both risks and opportunities for Taiwan's automotive suppliers.

Read original article ↗

Innocean's overseas units win 7 honors at US, Middle East ad awards

Innocean, the advertising affiliate of Hyundai Motor Group, said Tuesday its overseas units have won seven honors at adv

Korea Times · October 20, 2026

HD KSOE wins W1.9 tril. order from HMM for 8 container ships

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said Tuesday it has secured a 1.91 trillion-won ($1.44 billio

Korea Times · October 20, 2026

LIG D&A, Doosan Enerbility team up to develop missile, aircraft engines

LIG Defense & Aerospace (LIG D&A) and Doosan Enerbility have agreed to jointly develop engines for guided missiles and a

Korea Times · October 20, 2026

Alibaba's XuanTie tops 6 billion RISC-V chip shipments, expands into AI servers with C950

Cumulative shipments of chips incorporating Alibaba DAMO Academy's RISC-V processor intellectual property (IP), branded

Digitimes · October 20, 2026

China's auto market contracts, Europe alone grows, Taiwan auto suppliers face risks

Related Articles