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Thursday 6 February 2025
Trump tariffs threaten global auto parts makers' survival
As new US tariffs take effect and trigger retaliatory measures, automotive component suppliers face mounting challenges that could threaten their very survival.
Tuesday 4 February 2025
China imposes tariffs on US goods, launches antitrust probe into Google
On February 1, 2025, the US government imposed a 10% tariff on all Chinese exports, citing fentanyl-related concerns. The new tariffs will take effect on February 4, escalating trade...
Tuesday 4 February 2025
US tariff chaos undermines North American auto sector, risks investment shift
US President Donald Trump and Canadian Prime Minister Justin Trudeau have agreed to temporarily delay the implementation of a 25% tariff on automobiles, originally set for January...
Tuesday 4 February 2025
Aleees grows lithium IP certification clientele
Advanced Lithium Electrochemistry (Aleees) has seen steady progress in its lithium intellectual property (IP) certification, even as trade wars and heightened tariffs pose a looming...
Tuesday 4 February 2025
Trump tariff roils auto lighting supply chain, US shift proves unviable
Recently, US President Donald Trump revealed a 25% tariff on imports from Mexico and Canada, posing a significant threat to the automotive industry. With six of the world's top ten...
Monday 3 February 2025
Honda boosts US investment by 40% to expand EV, HEV production
Honda is expanding its US investment with an additional US$300 million, aligning with President Donald Trump's policies and the growing demand for EVs in North America. This investment...
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 70%...
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...
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....