Tuesday, April 15, 2025

Tag: Automotive

Tesla’s 13% Sales Drop: A ‘Fork in the Road’ Moment After Shipment Slump

Tesla's Q1 shipments fell 13%, missing lowered expectations, amid backlash against Musk's political actions and struggles in key markets.

Trump Hits Allies with Major Tariffs, Says ‘Allies Often Worse Than Enemies’

Trump initiates a trade war, imposing tariffs on Northeast Asia and criticizing South Korea and Japan's auto markets for trade imbalances.

BYD Tops Tesla with Record $107B Revenue — First EV Giant to Break $100B

BYD became the first EV maker to surpass $100 billion in revenue, driven by market dominance and expanding overseas presence.

Mitsubishi Taps Foxconn to Build EVs – First Models Coming in 2026

Mitsubishi Motors partners with Foxconn for EV production, marking Foxconn's first vehicle manufacturing for a Japanese company.

Trump’s Tariff Push Threatens Hyundai Glovis’ U.S. Market Edge

Trump's tariffs on automotive parts and vehicles may impact Hyundai Glovis' logistics, affecting costs and U.S. market competitiveness.

Dow and S&P 500 See Major Losses as Tariffs Hit U.S. Economy

U.S. stock markets fell for the second day as tariffs on Canada, Mexico, and China raised investor concerns, impacting major sectors.

Big Changes Ahead: Honda and Nissan Set to Merge Under New Holding Company

Honda and Nissan plan to create a holding company to enhance collaboration, potentially merging with Mitsubishi Motors amid declining sales.

Hyundai Makes History: First Foreign CEO Appointed

Hyundai Motor appoints José Muñoz as its first foreign CEO, focusing on global branding and electrification strategies.

Kia’s First Pickup Truck in Over 40 Years: Introducing the Tasman!

Kia has unveiled teaser images and videos of its highly anticipated new pickup truck, which will make its global debut later this month.

Tesla Takes the Lead: Morgan Stanley Picks EV Giant Over Ford

On the 29th, Adam Jonas, a prominent Tesla bull from Morgan Stanley, named Tesla his top pick over Ford in the automotive sector.