In a bold move, Canada will impose a 25% tariff on US-made vehicles in retaliation against Trump's import taxes. This decision targets non-compliant vehicles under the USMCA, impacting the automotive sector significantly.
Hyundai's groundbreaking three-row electric SUV, the IONIQ 9, is now in production at the new Metaplant America in Georgia, set to revolutionize the automotive industry with advanced manufacturing techniques and significant job creation.
With President Trump's 25% tariffs on imported vehicles set to take effect, auto dealerships brace for a surge in customers looking to avoid skyrocketing prices. Experts warn that costs for new and used cars could rise by thousands, pushing consumers to make hasty decisions.
President Trump's new 25% tariffs on automobiles have triggered fierce backlash from Germany, prompting calls for a strong EU response. As tensions rise, what does this mean for global trade?
Stock markets tumble as auto tariffs loom, risking higher vehicle prices for consumers and potential supply chain disruptions. Could this move reshape the U.S. auto industry forever?
In a stunning turn of events, Chinese automaker BYD has reported annual revenue of 777 billion yuan, surpassing Tesla. With a 29% increase from last year, BYD's rapid development in EVs and new battery technology is reshaping the market landscape.
Tesla's electric vehicle sales in Europe have dropped 49% in the first two months of the year amid increasing competition and backlash against CEO Elon Musk's political affiliations. This decline coincides with a 28.4% rise in overall EV sales, highlighting growing concerns over Tesla's aging lineup and Musk's controversial endorsements.
Tesla faces a turbulent path as sales slump in key markets and stock prices fluctuate. With Elon Musk's political moves and new tech updates, can the EV giant regain its footing and confidence?
As Elon Musk's political entanglements stir controversy, Tesla faces a crisis. Employees express concerns about the company's direction, while stock prices plummet amid fierce competition and public backlash.
Hyundai is set to invest a staggering $21 billion in the US, creating thousands of jobs and expanding its production capacity. This move is a direct response to looming tariffs from Donald Trump. Discover the full details!