FITCH affirms SoftBank at BBB+, outlook stable.

Mitsubishi Motors is shifting its strategic focus to the U.S. and Australia after sustained weakness in Southeast Asian markets eroded a longstanding source of sales support.

Xiaomi Automobile Technology Co. filed a recall plan with SAMR under defective-automotive recall rules for certain 2024 Xiaomi-brand SU7 series battery-electric vehicles. The interior emergency mechanical pull handle is similar in color to surrounding trim, reducing visibility and operability; in severe collisions that disable the vehicle low-voltage system this could impede occupants from opening doors and delay external rescue. Xiaomi will free of charge apply warning labels to the interior emergency pull handle and issue an OTA software update to optimize central-lock unlocking logic and window-lowering strategy to reduce the risk. Vehicles already fitted with a warning label will not be re-labeled.