General Motors suspends production at its Canadian factory
General Motors (GM) has announced that it will cease operations at one of its Canadian assembly factories until October, resulting...
Automotive & transportation
Goldman Sachs reduces U.S. vehicle sales estimates by nearly one million units due to tariffs
Goldman Sachs on Thursday reduced its estimate for U.S. auto sales this year by nearly one million units as President...
Mexico calls on automakers with plants in the nation to comply with T-MEC
The Mexican government announced on Thursday that it is in talks with executives of international automobile firms with plants in...
Michigan begs Trump to ‘halt’ auto tariffs
The Detroit region and the Michigan State Automotive Industry Association have asked President Donald Trump's administration to "pause" planned tariffs...
Ferrari may boost prices by up to 10% on various models in the United States owing to tariffs
Italian automaker Ferrari announced Thursday that it intends to raise its selling prices in the United States in response to...
BYD plans to increase its foreign sales to 800,000 units by 2025
BYD, the Chinese electric vehicle manufacturer, plans to treble its international sales to more than 800,000 vehicles by 2025 and...
Hyundai of South Korea has announced a $21 billion investment in the United States
Hyundai, a South Korean giant, announced Monday an approximately $21 billion investment in U.S. onshoring, including a $5.8 billion steel...
Chinese manufacturer BYD closes a record year and surpasses Tesla in revenue
BYD, a Chinese electric car manufacturer, saw a strong increase in revenue last year, exceeding the $100 billion barrier and...
Nvidia and GM announced a deal for AI, factories, and next-generation automobiles
General Motors and Nvidia have committed to a strategic relationship in which the carmaker would use many of the tech...
Tesla to recall 46,000 Cybertrucks, citing external panels that potentially raise the ‘risk of crash’
Tesla is recalling over 46,000 Cybertrucks due to a cosmetic exterior trim panel that can "delaminate and detach from the...
