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Friday 24 January 2025
Price war looms large for Chinese new energy vehicle vendors despite reclaiming market share
In the past two years, China's independent car brands have gained dominance in the Chinese automobile market, thanks to the rapidly rising popularity of new energy vehicles. Chinese...
Friday 24 January 2025
Nissan to cut 9,000 jobs globally as restructuring efforts accelerate amid Honda merger talks
Nissan Motor plans to cut approximately 9,000 jobs worldwide as part of a major restructuring effort, according to reports from Kyodo and Nikkei Asia. More than...
Friday 24 January 2025
Taiwan auto parts maker drives growth with AI healthcare focus while expanding core business
Taiwan-based Global PMX, a major manufacturer of automotive powertrain and safety components, has successfully expanded its presence in AI-powered digital healthcare and other sectors...
Friday 24 January 2025
Taiwan's automotive AM leaders hit record revenues on North American demand
According to a report by Fortune Business Insights, the global automotive aftermarket (AM) market reached US$418.95 billion in 2023 and is projected to grow at a compound...
Thursday 23 January 2025
Hyundai, Samsung, LG brace for impact as Trump's tariff plans target Mexico
As Donald Trump takes office with his "America First" agenda, South Korea's electronics and automotive industries are closely monitoring potential shifts in global trade policies...
Thursday 23 January 2025
Chinese PHEVs surge in global markets, leaving Tesla and legacy automakers in a tight spot
Chinese automobiles have consecutively secured the title of the world's largest automobile exporter in 2023 and 2024. Despite being impacted by the trade war surrounding battery electric...
Thursday 23 January 2025
EU, US automakers pivot from EV-only plans as demand cools
Amid cooling electric vehicle demand throughout 2024, European and American automakers are revising their strategies for 2025, moving away from an all-EV approach toward flexible...
Wednesday 22 January 2025
Trump to prioritize US auto manufacturing despite challenges
President Donald Trump has returned to the White House, and in his inaugural speech, he reaffirmed his commitment to manufacturing in the US as a priority, vowing to revive the American...
Wednesday 22 January 2025
Automotive EMS vendors brace for Trump's Mexico tariff
The US is anticipated to impose a 25% tariff on Mexico starting February 1, 2025, as proposed by the newly inaugurated President Donald Trump, prompting automotive electronics manufacturing...
Tuesday 21 January 2025
Chinese VP meets Musk before Trump takes office
Chinese Vice President Zheng Han met billionaire Elon Musk and other US business figures, underscoring Beijing's efforts to set a positive tone in ties with the US before Donald Trump...
Monday 20 January 2025
EV makers pivot: Trump 2.0 day one threatens charged-up industry
The global electric vehicle industry faces an immediate reset as Donald Trump returns to the White House. Markets are already reacting to his promised dismantling of key industry...
Monday 20 January 2025
Trump's return sparks concerns over tariffs, supply chains, and global trade
Donald Trump is set to return to the White House on January 20 and is poised to sign over 20 executive orders targeting immigration, energy, and tax policies. The actions are expected...
Friday 17 January 2025
The era of 'subtraction': Q&A with HCMF Group executive director Jeffrey Hsi
Taiwan-based HCMF Group, a long-standing supplier of automotive parts and systems to global Tier 1 OEMs, operates nearly 30 sales, manufacturing, and R&D facilities worldwide...
Friday 17 January 2025
Taiwan EV charging operator U-Power plans IPO by end of 2025
Electric vehicle charge point operator (CPO) EVGallop Mobility System, commonly known as U-Power, intends to file for an initial public offering (IPO) in Taiwan by the end of 2025.
Friday 17 January 2025
Global auto supply chain faces profit pressures: are more layoffs looming in 2025?
The global automotive supply chain faced widespread layoffs as mainstream and emerging suppliers struggled with sustained low-profit margins in 2024. With no clear signs of recovery,...