Mercedes-Benz USA appoints Adam Chamberlain as the new CEO and Head of Marketing and Sales, succeeding Dimitris Psillakis, who will remain as a Senior Strategic Adviser. Chamberlai...
Canada's Industry Minister Anita Anand denies rumors of Honda moving production to the US, citing ongoing discussions and no current plans for such a move. The speculation arose fr...
Canada's Minister Anita Anand denies rumors of Honda moving production to the US, emphasizing ongoing discussions with Honda Canada. Reports had suggested the move was due to US ta...
Canada introduces a six-month tariff relief on US goods to support manufacturing and public health sectors, alongside a new framework to incentivize automotive industry growth.
Canada's government denies rumors of Honda moving production to the US, citing ongoing discussions and no current plans for such a change. The speculation arose from concerns over ...
Canada introduces a six-month tariff relief for US imports crucial to manufacturing and health sectors, alongside a new framework to support the automotive industry's growth and in...
Honda Motor Co., Ltd. is considering moving its car production from Mexico and Canada to the United States due to Trump's 25% tariff on non-US-made cars, aiming to meet 90% of US s...
Honda Motor Co., Ltd. is considering moving its car production to the US in response to Trump's 25% tariff on non-US-made cars, aiming for 90% local manufacturing. Plans include a ...
Honda Motor Co., Ltd. is considering moving car production from Mexico and Canada to the US due to Trump's 25% tariff on non-US-made cars, aiming for 90% local manufacturing for US...
Stellantis reports a 9% drop in Q1 2025 global shipments, with significant declines in North America and Europe due to production and demand challenges, despite some model sales gr...
Thailand could lose $25.8 billion in revenue due to new US tariffs, affecting automotive, food, and chemical exports. The FTI calls for urgent government action to mitigate impacts...
In March 2025, China's passenger vehicle sales surged by 14.4% annually, with new energy vehicles (NEVs) leading the charge, accounting for over half of all sales. Tesla saw a decl...
General Motors is set to stop producing the gasoline Cadillac XT6 in Tennessee by 2025, focusing on electric vehicles, while extending the XT5 crossover's production due to strong ...
Daimler Truck AG reports an 8% decline in Q1 2025 global deliveries, with notable drops in Mercedes-Benz Trucks and North America units, while Asia and Buses segments show growth.
Porsche AG's Q1 2025 sales dropped by 8% to 71,470 vehicles, with significant declines in China and Germany. However, North America saw a 37% increase, and electrified vehicles mad...
Porsche AG reports an 8% sales drop in Q1 2025, with significant declines in China and Germany. However, electrified vehicles show strong growth, representing 38% of total deliveri...
Porsche AG reports an 8% sales drop in Q1 2025, with significant declines in China and Germany but a notable rise in North America. Electrified vehicles now make up 38% of deliveri...
Porsche AG reports an 8% sales drop in Q1 2025, with significant declines in China and Germany. However, North America sees a 37% increase, and electrified vehicles now represent 3...
Porsche AG reports an 8% sales drop in Q1 2025, with significant declines in China and Germany but a strong performance in North America. Electrified vehicles now represent 38% of ...
Porsche AG reports an 8% sales drop in Q1 2025, with significant declines in China and Germany but notable growth in North America and electrified vehicle sales.
Fitch Ratings warns that Trump's tariffs could significantly impact EU corporate sectors, especially chemicals, automotive, and hardware, by weakening revenue and profitability. EU...
Fitch Ratings warns that Trump's tariffs will significantly impact Europe's chemical, automotive, and hardware sectors, affecting revenue growth and increasing competition from Chi...
Fitch Ratings warns that Trump administration tariffs will weaken EU corporate sectors' revenue and profitability, with chemicals, automotive, and hardware hardest hit. EU firms ma...
Fitch Ratings warns that Trump administration tariffs could weaken EU corporate sectors, with chemicals, automotive, and hardware most at risk. EU firms may also face increased com...
Fitch Ratings reports that Trump administration tariffs will weaken EU corporate sectors, especially chemical, automotive, and hardware, by affecting exports and supply chains, wit...
Fitch Ratings reports that Trump's tariffs could weaken revenue and profitability for EU sectors like automotive and chemicals, with EU firms facing competition from China in non-U...
Fitch Ratings warns that Trump's tariffs will significantly impact EU corporate sectors, especially chemicals, autos, and hardware, by weakening revenue growth and increasing compe...
Hyundai Motor America introduces a price freeze initiative to protect customers from tariff and market volatility impacts, ensuring no MSRP increases for vehicles bought or leased ...
Hyundai Motor America introduces a price freeze to protect customers from tariff-induced price increases, ensuring MSRP stability for purchases or leases until June 2025. This move...
European automakers' stocks plummet after US imposes 25% tariffs on non-US-made vehicles, leading to production halts and layoffs, with major companies like Stellantis, Volkswagen,...
Hyundai Motor America has launched a price freeze initiative to protect customers from tariff impacts, ensuring no MSRP increase for vehicles bought or leased by June 2, 2025. This...
Hyundai Motor America has launched an initiative to freeze vehicle prices until June 2025, offering stability to consumers amid tariff uncertainties. This move reflects broader ind...
