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Wednesday 14 May 2025
Nissan set to axe 20,000 jobs worldwide in deepening restructuring drive
Nissan Motor plans to cut around 20,000 jobs worldwide—more than twice the 9,000 announced in late 2024—as part of a sweeping restructuring effort aimed at reversing declining...
Wednesday 14 May 2025
Tesla reportedly eyes Western India for CKD assembly unit
Tesla is exploring land parcels in Satara, Maharashtra, to establish a completely knocked down (CKD) assembly unit for electric vehicles (EVs), a senior government official told Business...
Tuesday 13 May 2025
Tesla's futuristic trademarks 'Robotaxi' and 'Cybercab' hit snags amid legal and tech hurdles
Tesla has long been at the forefront of promoting the vision of high-level autonomous vehicles and driverless taxi services. However, its recent efforts to trademark the names "Robotaxi"...
Tuesday 13 May 2025
Chinese EV supply chain's bold expansion into Thailand raises profit concerns among local industry
China's auto industry is accelerating, driven by soaring demand for electric vehicles (EVs). New figures from the China Association of Automobile Manufacturers report a 9.8% year-over-year...
Tuesday 13 May 2025
From Bosch to Foxconn: is a Tier 1 power shift underway in the auto industry?
In stark contrast to the somber tone of automotive parts giant Bosch, which recently warned that the industry's "automotive drought" may drag on, Taiwan's Foxconn has taken a decisive...
Monday 12 May 2025
US-UK auto tariff deal shifts trade dynamics
The US has finalized a trade agreement with the UK, granting British car manufacturers a 10% tariff on up to 100,000 vehicles annually, lower than the 25% tariff applied to automotive...
Monday 12 May 2025
Foxconn wins Mitsubishi greenlight, enters critical inflection point in its EV strategy
On May 6, Mitsubishi Motors signed a memorandum of understanding with Foxconn's EV arm, Foxtron Vehicle Technologies, to jointly explore EV development, design, and manufacturing...
Monday 12 May 2025
Cheap cars, costly decisions: Taiwan struggles with price of trade access

In Taiwan, car prices have long been a hot topic among consumers. With recent debates surrounding whether or not to lower import tariffs,...

Friday 9 May 2025
Foxtron-Mitsubishi tie-up hands Yulon Motors edge in Taiwan's EV race
Foxtron Vehicle Technologies, a joint venture between Foxconn Precision Industry and Yulon Motor Group, has signed an MOU with Mitsubishi Motors, positioning Yulon's Sanyi factory...
Friday 9 May 2025
Ford streamlines EV and software plans, refutes claims of investment cuts

In a dramatic move reflecting the mounting challenges of the electric vehicle transition, Ford Motor Company has halted development of...

Friday 9 May 2025
BMW predicts US auto tariff increases will be temporary
Due to the uncertainties caused by US President Donald Trump's tariffs on cars and components, many European and American automakers have withdrawn their 2025 sales and financial...
Thursday 8 May 2025
Geely bids to take Zeekr private at US$6.4 billion valuation
Billionaire Li Shufu is ramping up a push to streamline his sprawling business empire, with his Hong Kong-listed Geely Automobile Holdings Ltd. offering to take premium electric-car...
Wednesday 7 May 2025
Mitsubishi taps Foxconn-Yulon JV for EVs aimed at Oceania, production set for 2026
Mitsubishi Motors said on May 7 that it signed a memorandum of understanding (MOU) with Foxtron Vehicle Technologies—a joint venture between Foxconn and Yulon Motor—to...
Wednesday 7 May 2025
EU eyes EUR100 billion of US goods with tariffs if talks fail
The European Union plans to hit about EUR100 billion (approx. US$113 billion) in US goods with additional tariffs in the event ongoing trade talks fail to yield a satisfactory result...
Wednesday 7 May 2025
China's Pony AI is Uber's latest robotaxi partner in Middle East
Robotaxi company Pony AI will partner with ride-hailing giant Uber Technologies Inc. to launch in the Middle East this year, as the auto industry's push into autonomous driving gathers...