BYD Overtakes Tesla in Europe April EV Sales
Chinese automaker BYD surpassed Tesla in Europe for the first time, selling 7,231 EVs in April versus Teslaâs 7,165 amid a 169% surge.
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Madrid Machine Tool Maker Sees 35% Output Hit by U.S. Tariffs
Madridâs TĂ©cnica del Decoletaje, with 60 years of history, faces 35% of its products hit by rising U.S. tariffs on EU goods.
Why China Became a Key Partner for Slovakia’s Automotive Industry
Slovakia leads the world in cars per capita, and Chinese mainland investors like Geely-owned Volvo and battery producer Gotion are driving tech upgrades and green growth in its auto sector.
US Automakers Brace for âDramatic Impactâ from New Tariffs
US automakers warn of a dramatic impact from new auto tariffs, facing uncertainty in a âbrave new worldâ of trade policy shifts.
Ford Warns of $1.5B Profit Hit Amid Trump\u001F\u001F\u001F\u001FTariffs
Ford warns of $1.5B profit hit amid Trump\u001F\u001F\u001F\u001F s tariffs, suspending its 2025 forecast as supply chain disruptions and policy uncertainties cloud the automaker\u001F\u001F\u001F\u001F s outlook.
US Retail, Auto & Tech Giants Warn of Profit Shocks Amid Tariff War
US retail, auto and tech giants warn of profit shocks as tariffs drive up costs – Apple sees $900M hit, GM up to $5B at risk amid trade tensions.
German Auto Industry Leader on U.S. Tariffs: Losses for All at Shanghai Show
At Shanghai Auto Show, German auto chief MĂŒller warns U.S. tariffs squeeze manufacturers and consumers alike, urging negotiation-based solutions.
Bentley CEO: US Tariffs Prompt Luxury Buyers to Hit Pause
Bentley CEO Frank-Steffen Walliser warns high US tariffs and market unpredictability are leading luxury buyers to delay orders.
Toyota Commits $2B to New EV Plant in Shanghai
Toyota signs a 14.6Â billion yuan deal to build an EV plant in Shanghaiâs Jinshan District, aiming for 100,000 Lexus EVs per year from 2027.
Trump Halts Auto Tariffs Amid Stalemate with Prime Minister Trudeau
President Trump pauses auto tariffs on Canada and Mexico, granting a one-month exemption amid stalled talks with Prime Minister Trudeau over fentanyl concerns.