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...
Automotive & transportation
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...
China has delayed licensing of a BYD factory in Mexico for fear of technology being transferred to the United States.
Chinese officials are delaying clearance of a new plant in Mexico proposed by BYD, the world's largest maker of electric...
Stellantis pledges to produce more cars in the U.S.; thanks Trump for one-month tariff exemption
Automaker Stellantis said Thursday it shares U.S. President Donald Trump's goal of making more cars in the United States, while...
Car makers fear that tariffs will hike the price of some vehicles by as much as 25%
A trade group representing nearly every major automaker warned Tuesday that new 25% tariffs on imports from Canada and Mexico...
Honda may produce the new Civic in Indiana instead of Mexico owing to Trump tariffs
According to three people familiar with the subject, Honda has decided to produce its next-generation Civic hybrid in Indiana rather...
Car prices in the United States will rise by $10,000 if Trump imposes tariffs
According to Tereso Medina Ramírez, general secretary of the Federation of Southeast Workers of Coahuila, imposing tariffs on automobiles manufactured...
Tesla has chosen showrooms in New Delhi and Mumbai to commence sales in India
Tesla has chosen locations for two showrooms in New Delhi and Mumbai, bringing its long-awaited aspirations to sell electric vehicles...
