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Feb 20, 2025Mercedes Implements Global Cost-Cutting Plan To Reduce ExpensesAccording to media reports, Mercedes plans to cut costs by approximately 25% in key markets such as the United States and China. Mercedes-Benz USA CEO Dimitris Psillakis and HR ... -
Feb 19, 2025Trump Plans To Impose 25% Tariffs On Imported Cars, Chips, And PharmaceuticalsAccording to Reuters , on February 18 , U.S. President Donald Trump announced plans to impose approximately 25% tariffs on imported cars, pharmaceuticals, and semiconductor chip... -
Feb 19, 2025How Would Trump's Revisions To The Inflation Reduction Act Impact The U.S. EV...At the beginning of his term, U.S. President Donald Trump instructed federal agencies to halt funding under two laws signed by former President Joe Biden-the Inflation Reduction... -
Feb 18, 2025Stellantis To Produce Hybrid Vehicle Transmissions in ItalyAccording to media reports, automaker Stellantis announced on February 17 that its plant in Termoli, southern Italy, will begin producing dual-clutch transmissions for hybrid ve... -
Feb 18, 2025Hyundai And Kia To Regain Full Subsidy Eligibility in The U.S.According to media reports, South Korean automakers Hyundai and Kia will be eligible for a $7,500 federal tax credit in the United States. Earlier this year, Hyundai's new e... -
Feb 17, 2025Why Did The Honda-Nissan Merger Fall Apart?On December 23, 2024, Honda Motor and Nissan Motor announced the signing of a Memorandum of Understanding (MoU) to officially begin merger negotiations, discussing the integrati... -
Feb 17, 2025Trump: New Tariffs On Imported Cars To Be Imposed On April 2According to media reports, U.S. President Donald Trump has stated that he will announce new tariffs on imported cars to the United States around April 2. This is part of his br... -
Feb 16, 2025Nissan Reports ¥14.1 Billion Net Loss in Q3, Plans 20% Executive Job Cuts And...Nissan Motor Co. has released its financial results for the third quarter of fiscal year 2024. For the three-month period ending December 31, the company reported consolidated n... -
Feb 16, 2025BYD Reclaims Trillion-Yuan Market Value As Stock Price Hits New HighBYD's A-share stock price has reached a historic peak, experiencing a significant intraday surge. Over the past eight trading days, BYD's stock has risen approximately 2... -
Feb 15, 2025Gentex Reports 1% YoY Growth in Net Sales For 2024, But A 5.6% Decline in Net...Recently, U.S. automotive mirror supplier Gentex Corp. announced that despite facing market fluctuations and supply chain challenges, the company maintained steady operations th... -
Feb 15, 2025Isuzu To Build Factory in The U.S. To Respond To Tariff ImpactAccording to media reports, Japanese automaker Isuzu plans to invest 43 billion yen (approximately $280 million) to build a new automobile manufacturing plant in South Carolina,... -
Feb 14, 2025Consulting Firm: European Automakers Should Collaborate More With Non-Chinese...According to Automotive News Europe , a report by consulting firm Dunne Insights for the European Initiative for Energy Security (EIES) suggests that European automakers must ac...
