On July 10, President Trump posted a letter on his Truth Social site to Prime Minister Mark Carney threatening to impose 35% tariffs on Canadian goods that will take effect on August 1, and wrote that he will increase the levies if Canada retaliates.
Trump and Carney have been in negotiations to come to a trade resol

As of July 11, Tesla has slashed prices on the Model Y in Canada as sales in the country have virtually gone to zero over the last few months. 
As part of its counter-tariff strategy, Canada imposed a 25% “counter-measure surtax” on all passenger cars and light trucks from the U.S. since April 9. This move, on top of

On July 10, Tesla announced to media that it will host a one and a half hour launch event for the Tesla “Experience Center” showroom in the Maker Maxity Mall at the Bandra Kurla Complex in Mumbai, marking the first official foray by Tesla into India.
The Mumbai showroom's first week will be reserved for VIPs and busi

Nissan is in early talks to build pickup trucks for Honda in the U.S. at its under-utilized plant in Canton, Mississippi, according to reports from Japan.
A person familiar with the matter said that building vehicles for Honda at Canton is one of several options on the table to increase production capacity at Canton.

On July 10, Toyota Tsusho America, Inc., a subsidiary of Toyota Tsusho Corp., announced it has completed the acquisition of Radius Recycling, Inc., a leading North American recycling company with a network of over 100 locations. 
The transaction advances key Toyota Tsusho strategic goals in building a circular econom

On July 10, May Mobility, a leading autonomous vehicle (AV) technology company, announced the launch of the Ride-Hail Integration API, engineered to enable seamless connectivity between May Mobility’s autonomous fleet and the consumer-facing ride-hail platforms utilized around the globe. With the release of software

On July 8, Webasto Americas said it plans to cut 134 workers in the Detroit area because of declining vehicle volumes, marking the company’s latest mass layoff tied to reduced production.
Webasto said its plant in New Hudson, Michigan, west of Detroit, will be “temporarily idled.” The layoffs are expected to take pla

On July 8, Superior Industries International, Inc., whose customers have included Ford and General Motors, announced it has entered into definitive agreements to be acquired by a group of its term loan investors, including Oaktree Capital Management. 
Superior Industries disclosed to investors in May that in addition

On July 10, Mercedes Benz announced that its CEO has tested the new electric GLC, featuring EQ technology, at the Technology Centre in Sindelfingen, Germany. He takes it through five challenges, highlighting its stylish design, versatility, and smooth drive.
Mercedes Benz will reveal more details about the electric G

On July 10, Maserati unveiled its new MCPURA supercar at the 2025 Goodwood Festival of Speed, UK. The model is an evolution of the MC20 model.
The model comes with 3.0-litre twin-turbo V6 Nettuno engine, which generates output of 630 hp and 720 Nm of torque. Its innovative Formula 1-inspired pre-chamber combustion sy

On July 10, Renault revealed the new Boreal, a C-segment SUV designed for markets outside Europe. It’s part of Renault’s global growth strategy, aiming to strengthen its presence in over 70 countries.
The model plays a key role in Renault’s International Game Plan 2024-2027, which includes an investment of EUR 3 bill

On July 10, Volkswagen Group announced that it will showcase new technologies and several world premieres at IAA Mobility 2025 in Munich in September 2025. The theme is “Tech for the People,” focusing on bringing the best vehicles, technologies, and digital services.
Before the IAA officially begins, Volkswagen will

On July 10, multiple sources reported that the Stellantis Vigo plant, Spain will stop three work shifts this week due to parts shortages, which is affecting production once again.
The system 1 in the plant where Peugeot 2008 is produced will pause operations on the night shift on July 10, then the afternoon shift on

On July 9, Opel unveiled the next-generation Grandland for the South African market. The new Grandland brings design elements from the Opel Experimental concept, including the 3D Vizor and illuminated Griffin logo.
Grandland GS Line 1.6T comes with a 1.6-litre turbo gasoline engine which generates output of 134 kW an

On July 11, Mercedes-Benz India announced the retail sale of 4,238 new cars during the April to June 2025 quarter, marking a 10% yoy increase compared to the previous quarter. The sales were driven by the top-end luxury segment, which includes the S-Class, Mercedes-Maybach, EQS product range, and AMG performance vehi

On July 10, the President of Egypt met with the Premier of the State Council of China. The president stressed Egypt's commitment to strengthening cooperation with China in various areas of mutual interest and working to activate the comprehensive strategic partnership between the two countries. He also expressed the

On July 9, the Minister of Industry, Algeria visited the Tosyali iron and steel complex in the municipality of Bethioua, Oran. Tosyali iron and steel complex is working on a new expansion project for flat iron production for the automotive and vehicle industry. It will help to develop the local supply chain for the a

On July 11, Tata Elxsi signed a Memorandum of Understanding (MoU) with Synopsys at the SNUG India 2025 event in Bengaluru to collaborate on advanced automotive virtualization solutions. The partnership focuses on delivering pre-verified, integrated solutions for designing and deploying virtual electronic control unit

On July 11, multiple sources reported that the Ministry of Heavy Industries stated that the Indian government is working on a scheme to incentivise domestic magnet production. It is currently under inter-ministerial consultation. It will have a financial allocation of INR 13.45 billion. 
Based on multiple sources 

On July 9, Tata Steel UK announced a new research initiative, ADAPT-EAF (Accelerating the Development of Automotive and Packaging steel Technology for Electric Arc Furnace production) aimed at developing a new generation of advanced steel products from its EAF. It will address controlling residual elements in high-re