Tag: Automotive industry

Ford Motor Company's electric F-150 Lightning is in production at the Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty ImagesDETROIT – When President Donald Trump...

Europe's Automakers Face Uncertainty Amid U.S. Tariff ThreatsAs the global automotive industry braces for potential U.S. tariffs on European automakers, the chief executive of Ferrari, Benedetto Vigna, unveiled the company's strategy to navigate the...

General Motors (GM) CEO Mary Barra recently unveiled a strategic plan to combat potential tariffs imposed by President Donald Trump on imports from Canada and Mexico. Barra expressed confidence in GM's ability to mitigate...

Elon Musk, the brilliant mind behind Tesla and SpaceX, found himself in the spotlight once again at the inauguration ceremony in the U.S. Capitol Rotunda as Donald Trump was sworn in as the 47th...

China's Electric Vehicle Growth Expected to Slow Down in 2025China's electric car market is gearing up for a significant slowdown in 2025, according to industry analysts. This projection is anticipated to intensify pressure on...

**Tesla Launches Refreshed Model Y in China to Compete with Local Competitors**Tesla made headlines in the automotive world with the launch of a revamped version of its popular Model Y in China. The U.S....

Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, have made headlines with their potential merger talks in Japan. The two Japanese automakers are reportedly considering joining...

Rivian Automotive, Inc. has been making significant strides in the electric vehicle (EV) space, particularly with its recent partnership with Volkswagen AG. This partnership has provided Rivian with the necessary support to navigate the...

Stellantis, the automaker, has made a tough decision that will affect many plant workers. They plan to lay off around 2,450 factory workers in the United States. This decision comes as the company discontinues...

Tesla, the electric carmaker led by CEO Elon Musk, experienced a significant drop in its stock price during pre-market trading in the U.S. The shares fell by over 8% after the company reported earnings...

Shares of Tesla dropped by 3.6% after the company announced that it is postponing its robotaxi event from August to October. The stock had been on a 13-day winning streak but this news put...

Electric vehicle competition is heating up in Europe, with BYD, a top Chinese electric vehicle manufacturer, making significant moves in the market. The company is expanding its operations to Thailand, opening a new factory...

Dongfeng Motor recently launched three new vehicles in the Spanish market, marking a significant milestone for the company's expansion into Europe. The event, held in Madrid, was attended by various industry leaders, including Ma...

As the shift towards electric vehicles (EVs) accelerates in the United States, the auto manufacturing industry is undergoing significant changes. With policies like the Inflation Reduction Act and the Bipartisan Infrastructure Law driving investments...

Honda is showcasing its commitment to electric vehicles with the unveiling of the All-New, All-Electric Honda Prologue at the 2023 Los Angeles Auto Show. This move comes as the auto industry shifts away from...

The global automotive anti-lock braking system market is projected to reach USD 123.85 billion by 2033, with a Compound Annual Growth Rate (CAGR) of 8.22%. This system is used in vehicles to help drivers...

GM Utilizes Costco to Drive Sales of New EVsGeneral Motors has found a successful strategy to attract U.S. consumers to its latest all-electric vehicles: Costco Wholesale. The Detroit automaker has been leveraging the Costco...

Americans Holding onto Cars Longer as New Vehicle Costs RiseWASHINGTON (TND) — Recent reports indicate that Americans are holding onto their cars longer than ever before due to the rising costs associated with purchasing...

Shailesh Hazela Appointed as CEO & MD of Stellantis IndiaStellantis India has appointed Shailesh Hazela as the new CEO and Managing Director, succeeding Aditya Jairaj. With extensive experience in the automotive sector, Shailesh is...

RENAULT RAFALE, FLAGSHIP WITH CHARACTERThe latest addition to Renault's lineup, the Rafale, is making waves with its unique design and innovative features. Designed to appeal to a new audience, the D-segment coupe SUV is...

Aston Martin Owner Optimistic About Future GrowthBillionaire Lawrence Stroll, the majority owner and executive chairman of Aston Martin, is confident that the British luxury automaker is on the path to success. Stroll believes that...