German Chancellor calls an urgent auto summit as the industry faces a crisis, with major carmakers unveiling massive job cuts. This high-stakes meeting aims to confront the urgent challenges of electrification and intense global competition that threaten the future of Germany’s automotive sector
Argentina has taken a bold step by lifting tariffs on electric vehicles (EVs), paving the way for a dynamic and competitive environment for local manufacturers. With an influx of budget-friendly Chinese imports, this decision could revolutionize the nation’s automotive landscape, pushing homegrown brands to rise to the challenge and spark innovation like never before.
Toyota has temporarily suspended RAV4 production in Japan following a recent explosion at a supplier facility. The incident raised safety concerns and could impact the carmaker’s supply chain amid ongoing production challenges in the industry.
