ial environmental impacts. The suspension, either full or partial, affects sectors such as specific vehicle parts manufacturing, including lead-acid batteries and non-essential accessories, decorations, and equipment that do not impact vehicle performance or safety. Future project applications will face stricter evaluation, with a greater emphasis on verifying that “essential production processes” take place within Thailand. This move aims to...

News  Updated at: 2025/05/20

utomotive parts suppliers went bankrupt. Exports to the U.S. from Japan accounted for 20% of the total export in 2023, of which exports of automobiles and automotive parts reached 34.1%. Since a 25% U.S. tariff is likely to be introduced to automotive parts, the industry as a whole will continue to face a difficult situation, although the Japanese government has begun to consider establishing a consultation service and providing cash flow support...

News  Updated at: 2025/05/16

INA reports 92% of Mexican auto parts comply with USMCA rules On May 12, Gabriel Padilla, Director General of the National Auto Parts Industry (INA), reported that 92% of auto parts produced in Mexico meet USMCA requirements and are exempt from tariffs. The remaining 8% face an average tariff of 27% when exporting to the U.S. A small portion of companies, due to their import reliance, continue to pay a 25% tariff in addition to the Most Favored N...

News  Updated at: 2025/05/16

has met with all union reps from FIM, UILM, FISMIC, and UGLM present on May 14, 2025. The focus was on job security and the Stellantis Termoli plant’s future. The growing concern over the planned closure of the FIRE engine department, which employs about 450 people. The remaining departments also face uncertainty. The 2000cc GME engine is mainly exported to the U.S. but will soon be replaced by a U.S.-made engine, putting jobs at risk. The prod...

News  Updated at: 2025/05/15

U.S. EV tax credit may be eliminated soon in new tax bill U.S. House Speaker Mike Johnson recently said that the electric vehicle tax credit was more than likely headed for dismantling, stating, “I think there is a better chance we kill it than save it.” House Republicans hope to cut USD 2 trillion in spending in the face of USD 4.5 trillion in lost revenue as a result of Trump’s forthcoming tax cuts. Although Johnson stopped short of confi...

News  Updated at: 2025/05/13

HarmonyOS cockpit, Ascend/Kirin chips, and LiDAR – establishing an “Auto Wintel” ecosystem. Impact For Car Companies, Huawei offers: Cost Efficiency: faster R&D cycles, lower hardware (e.g., LiDAR) costs. Rapid Updates: Full-stack optimization enables 2-3x faster OTA iterations. Car Brands Face a Tough Choice Use Huawei’s full package (fast but lose independence, 11+ brands such as AITO, AVATR, BAIC). Self-develop (slow and expensive,...

News  Updated at: 2025/05/09

GM to face technical stoppage at Ramos Arizpe plant in Mexico On April 29, it was confirmed there would be a technical stoppage at the GM plant in Ramos Arizpe. The halt in production is scheduled from April 28 to May 2, affecting 3,500 workers. The pause was agreed upon between the company and the union to prevent layoffs amid ongoing uncertainty caused by new tariff adjustments. Work is set to resume on May 5. Tereso Medina Ramírez, secretary ...

News  Updated at: 2025/05/01

A) welcomed the European Commission’s Carbon Border Adjustment Mechanism (CBAM), which will help to meet climate goals and complements the Emissions Trading System (ETS). However, it could raise supply chain costs and hurt competitiveness. ACEA warns against expanding CBAM to sectors that don’t face carbon leakage risks. The group also says the system creates a heavy administrative burden and urgently needs simplification. In its CBAM simplif...

News  Updated at: 2025/04/29

Auto Shanghai 2025: FORVIA - Smart Eye unveil first in-car iris and facial biometric authentication FORVIA presented a secure biometric authentication in vehicles at Auto Shanghai 2025. Developed in collaboration with Smart Eye, the solution leverages iris and face recognition technology via the existing Driving Monitoring System (DMS) camera for customer authentication. It enables seamlessly secure payments without additional user input. Both co...

News  Updated at: 2025/04/24

nam requires between 100,000 and 350,000 charging stations over the next 15 years to meet demand. Despite an increase in EV sales, Vietnam’s charging network, which is crucial for EV adoption, is struggling to keep up. While VinFast is actively building a nationwide charging network, other brands face difficulties due to the limited availability of stations. Experts describe the situation as a "chicken-and-egg" problem, where a lack of infrastr...

News  Updated at: 2025/04/24

Nexteer enhances driveline innovations in expanded portfolio On April 21, Nexteer Automotive debuted three Driveline technologies engineered to meet the unique demands of EVs, as well as premium driving experiences across all propulsion types. These next-generation Driveline solutions help automakers deliver quiet, responsive and premium driving experiences.      •  Face Spline Axle Technology Delivers Quiet Refinement & Easy Vehicle Integr...

News  Updated at: 2025/04/22

BYD launches Tang L SUV On April 9, BYD launched the Tang L mid-to-large-size SUV. The model is available in three battery electric (EV) and three plug-in hybrid (DM) variants, with prices ranging from CNY 229,800 to CNY 289,800. Adopting the Loong Face exterior design concept, the Tang L measures 5,040mm long, 1,996mm wide, and 1,760mm high, with a wheelbase of 2,950mm. The Tang L EV makes the debut of the Super e-Platform. The RWD variants are ...

News  Updated at: 2025/04/17

BYD launches Han L sedan On April 9, BYD launched the Han L mid-to-large-size sedan. The model is available in three battery electric (EV) and three plug-in hybrid (DM) variants, with prices ranging from CNY 209,800 to CNY 279,800. Adopting the Loong Face exterior design concept, the Han L measures 5,050mm long, 1,960mm wide, and 1,505mm high, with a wheelbase of 2,970mm The Han L EV makes the debut of the Super e-Platform. The RWD variants are p...

News  Updated at: 2025/04/14

made vehicles entering Canada, though the full tariff rate applies only to the relatively small number of U.S.-made imports to Canada not compliant with the United States-Mexico-Canada Agreement. Vehicles that are compliant with the USMCA, which account for more than 90 % of U.S. exports to Canada, face 25% tariffs on their non-Canadian and non-Mexican parts content. To calculate the tariff, Finance Canada assumes that each vehicle imported from ...

News  Updated at: 2025/04/10

drops. The price war is also affecting the used vehicle market, as significant price reductions are lowering vehicle resale values. Local OEMs like Proton struggle to compete due to higher operating and supply chain costs. While large vendors with multiple partnerships may survive, smaller vendors face greater challenges. Chinese brands often rely on completely built-up (CBU) or semi-knocked down (SKD) methods, which require less investment comp...

News  Updated at: 2025/04/09

German automakers in Mexico could face tariffs of up to 52% On April 3, multiple sources reported that automakers exporting to the United States from Mexico and failing to comply with the rules of the United States–Mexico–Canada Agreement (USMCA) could face tariffs of up to 52%, with the current taxes imposed by Donald Trump's government. Automakers such as Volkswagen de México and Audi México now face a 25% duty because their vehicles inco...

News  Updated at: 2025/04/08

nally, stiff targets, heightened competition (including EVs), and a generally slow economy contributed to the YoY contraction. Issues such as low footfalls, network over-expansion, and rising operating costs remained.  Auto retail in April 2025 is set for a cautious run as dealerships across India face dual challenges—severe heatwave warnings by IMD and renewed global tariff tensions. Rising temperatures may impact customer footfall and infras...

News  Updated at: 2025/04/07

ng that the new U.S. tariffs announced by President Trump marked a major shift in trade policy. It represents the U.S.'s departure from the rules-based global trading order, and this protectionism will hurt economies worldwide, reducing growth and prosperity, the statement said. U.S. consumers will face higher prices and fewer choices due to inflation. Tariffs also reduce competition, slowing innovation and weakening U.S. companies globally. Even...

News  Updated at: 2025/04/04

lle, and “will have to look closely” at what other model it will add to production lines, Samuelsson said. Trump’s 25% tariff on U.S. auto imports that took effect shortly after midnight on April 3 is expected to dramatically increase costs and upend supply chains. Certain car parts will also face an equivalent levy no later than May 3.  Volvo opened the South Carolina plant in 2018. Months after starting production, Volvo canceled plans t...

News  Updated at: 2025/04/04

said there were no plans to raise prices in the U.S. at this time in response to U.S. tariffs. "We have seen the tariff announcement and we are evaluating the impact," Munoz said at an auto show in South Korea. Hyundai had previously warned U.S. dealers it was evaluating its pricing strategy in the face of forthcoming 25% tariffs on imported vehicles and parts. Hyundai boss José Muñoz has promised to “not raise prices” and instead swallow n...

News  Updated at: 2025/04/04