GML invests 3,000 million pesos to double capacity of JAC vehicle plant
The JAC plant in Ciudad Sahagún, Hidalgo, will increase its production capacity with a 3 billion peso investment, according to...
Automotive & transportation
The chairman of Toyota was re-elected amid a $33 billion acquisition offer
On Thursday, Toyota Motor shareholders re-elected Akio Toyoda as chairman, demonstrating the backing of family investors despite the fact that...
A group of Tesla drivers is suing Musk for purported damages brought on by his actions
A tiny number of French Tesla owners are suing the Elon Musk-led company, claiming that its cars have turned into...
Major European markets saw a decline in Tesla sales in May as the new Model Y was delivered
In May, Tesla's sales in Britain, Germany, and Italy declined for the fifth consecutive month, underscoring the difficulties the electric...
Stellantis appoints Antonio Filosa as its new global CEO
After a screening process that involved both internal and external applicants, the board of directors of Stellantis unanimously chose Antonio...
Musk says he will honor commitment to stay on as Tesla CEO for at least 5 years
Elon Musk affirmed his commitment to stay on as Tesla CEO for at least another five years, weeks after the...
Honda reduces earnings projection due to tariff uncertainties
Japan's Honda Motor forecast a 59% decline in profits in the current financial year and said it would suspend a...
Major U.S. automakers criticize U.S.-U.K. trade deal
General Motors (GM), Ford and Stellantis, the three major U.S. automakers, have criticized the trade agreement with the United Kingdom...
Tesla’s quarterly earnings dropped 71%, and Musk distanced himself from DOGE
This has been Elon Musk's most anticipated—and most likely dreaded—quarter at Tesla. which, in a cruel turn of events, falls...
Ford estimates that tariffs will cost $1.5 billion
Ford Motor suspended its annual forecast due to uncertainty surrounding President Donald Trump's tariffs, saying the levies would cost the...
