Major Japanese automakers are committed to maintaining stable vehicle prices in the U.S., boldly defying tariffs to stay competitive and keep cars affordable for consumers, CNBC reports
Browsing: automotive industry
China’s ambitious electric vehicle factories in Turkey have yet to ignite the spark of production, despite sky-high expectations. These setbacks raise concerns about supply chain hurdles and shifting market forces in the fast-evolving EV landscape
Global automakers are zeroing in on China with four dynamic strategies: building robust local partnerships, accelerating electric vehicle investments, strengthening supply chain resilience, and spearheading digital innovation, Bloomberg reports. These bold moves aim to ignite growth and expertly steer through the complexities of a shifting market
Kia is recalling over 137,000 Soul and Seltos vehicles amid serious safety concerns, prompting an urgent NHTSA audit. If you own one of these models, don’t wait-schedule your inspection now to ensure your vehicle’s safety!
Japan has urged the US to dramatically cut auto tariffs and demanded transparent answers on other trade levies, Reuters reports. This bold stance highlights escalating tensions as both nations face crucial economic negotiations
Japan’s top trade negotiator is preparing for a pivotal trip to the US, determined to fast-track progress on the recent auto tariff agreement. This bold step seeks to ease trade tensions and spark deeper cooperation between the automotive industries of both countries, Reuters reports
Former President Trump announced that Japan is set to begin importing Ford’s legendary F-150 pickup trucks, marking a thrilling new chapter in the automaker’s global expansion, according to a report by Fortune
Exclusive: GM is gearing up to import electric vehicle batteries from China’s CATL, boldly sidestepping current tariffs as it races to lock in crucial supplies amid skyrocketing demand for EVs, reports The Wall Street Journal
Japan delays the global launch to 2026 as Honda unveils the revolutionary 0 Series, fast-tracking its vision for hydrogen-powered vehicles. This daring move showcases Japan’s commitment to pioneering eco-friendly technology and driving a greener future in transportation
Chevrolet has just unveiled an exciting new PHEV crossover, marking a bold step forward in its electrification journey. Surprisingly, this model won’t be available in the US, highlighting the brand’s strategic focus on select regional markets
Tata Motors has announced an ambitious $4.4 billion bid to acquire Italy’s Iveco, aiming to supercharge its global commercial vehicle footprint and expand its influence throughout Europe. This groundbreaking deal marks a transformative moment in the automotive industry landscape
U.S. automakers are raising their voices in frustration over the recent Japan trade deal, pointing out its limited benefits and persistent challenges. Industry leaders contend that the agreement falls short of boosting American vehicle exports as hoped
China is making a powerful move to curb “irrational” competition in its electric vehicle industry, aiming to tame reckless market tactics and promote sustainable growth, Reuters reports. This crackdown targets chaotic pricing wars and cutthroat rivalries that have thrown the market into turmoil
Anand Mahindra sent a spirited message to Elon Musk as Tesla gears up for its India launch, hinting at a thrilling mix of competition and collaboration ahead. “Meet you at the starting line,” he tweeted, sparking fresh excitement in the fast-evolving EV landscape
China’s Chery and BYD could face repayment of subsidies after a government audit revealed funding irregularities. This probe highlights the increasing regulatory scrutiny as authorities ramp up oversight on automakers
China’s EV boom is accelerating at a breakneck pace, igniting fierce battles over raw materials and market dominance. Experts warn that this rapid surge could trigger a high-stakes resource war-imagine it as a real-life “Hunger Games.
Brazil’s auto industry hit a rough patch in June, as both sales and production dipped amid ongoing economic hurdles and supply chain disruptions. This downturn underscores the persistent challenges shaping the market’s future
Tesla’s car sales in Germany stumbled again in June, Reuters reveals. This drop highlights the intense competition and mounting challenges Tesla is up against from powerful local EV makers dominating the German market
U.S.-Japan tariff talks have hit a roadblock over key automotive and rice trade disputes. The two countries remain locked in a standoff, with the U.S. pushing for increased auto exports while Japan stands firm on safeguarding its rice industry
China’s fierce electric vehicle battle is challenging Thailand’s ambitious local production targets, as manufacturers sprint to seize a share of Southeast Asia’s booming EV market