A year after record profits, Toyota warns of a significant decline in operating profit due to currency fluctuations and tariffs imposed by the Trump administration. Discover how these factors are reshaping the auto industry!
In a surprising twist of March madness, car buyers rushed to dealerships to secure deals before impending auto tariffs. Major manufacturers like Hyundai and Ford reported significant sales increases amidst tariff fears, particularly in electric and hybrid vehicles.
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.
