Bloomberg Apple Inc. has held talks with Hyundai Motor Co. and Kia Motors Corp. about building an electric vehicle, though the discussions paused, according to people familiar with the situation. Apple has also been discussing similar plans with other auto manufacturers, the people said. They asked not to be identified discussing private matters. The secret project has ramped up in …

Bloomberg Porsche AG is setting up an assembly plant in Malaysia as the German automaker looks to make the nation its Southeast Asian hub, the Edge weekly newspaper reported. Porsche will partner with Inokom Corp., a unit of Sime Darby Bhd, in venture, which will be located in the northern state of Kedah, the Edge said. The facility will be …

Bloomberg Ford Motor Co.’s gas-powered SUVs and trucks helped haul in an unexpected fourth-quarter profit, providing a down payment on the $29 billion the automaker plans to spend developing electric and autonomous next-generation vehicles. The manufacturer almost doubled its planned spending on EVs to $22 billion through 2025, a response to the bold initiative outlined by General Motors Co., which …