ith 376 kWh of battery capacity and twin electric motors with 448 hp and 4,051 lb-ft of torque. The Volvo Group is preparing to lay off approximately 800 workers across its U.S. operations, citing market uncertainty regarding freight rates and demand, possible regulatory changes, and the impact of tariffs on reducing freight travel across borders and more generally within supply chains. The layoffs will affect approximately 4% of the company’s...

OEM Plants  Updated at: 2025/07/18

EU (CCCEU), in a social media post, announced that the CCCEU Auto Working Group met with EU Commissioner Šefčovič’s cabinet and INTA Chair Bernd Lange in Brussels. The working group includes NIO, XPeng, Xiaomi, EVE Energy, Gotion, and CATARC. They talked about China-EU trade, electric vehicle tariffs, green policies, and the investment environment. Everyone agreed to keep the conversation going. Based on social media updates of the China Ch...

News  Updated at: 2025/07/17

naamsa responds to U.S. tariffs, warns of severe impact on automotive exports and jobs On July 14, naamsa (The Automotive Business Council) announced that it has acknowledged the official communication sent by President Trump to the South African Government, regarding the imposition of a unilateral 30% reciprocal trade tariff. The announced tariffs have impacted trade, with vehicle exports to the U.S. falling 73% in Q1 2025 and plunging 80% in Ap...

News  Updated at: 2025/07/17

Nissan to lay off 200 Mexican workers amid pandemic Stellantis, Nissan announce temporary plant closures in Mexico Nissan meets its product portfolio renewal goals in Mexico Nissan Mexicana promotes sustainability in its operations Nissan to possibly move production out of Mexico due to Trump’s tariffs Nissan Mexico assembles 3 million vehicles CO2-free energy Nissan studies bringing Sentra production to U.S. from Mexico Nissan Mexicana plann...

OEM Plants  Updated at: 2025/07/17

tech Ford upgrades 2025 Bronco Sport with Sasquatch capabilities, steel bumpers Ford begins production of 2025 Maverick and Bronco Sport at Hermosillo plant in Mexico Ford recalls 272,817 Bronco Sport, Maverick vehicles over 12-volt battery failure Ford Mustang Mach-E production unaffected by Trump tariffs Ford to add third shift at Hermosillo plant in July to fill Maverick demand Ford increasing production of EVs, ICE and hybrid veh...

OEM Plants  Updated at: 2025/07/17

mercial vehicles, Mustang Mach-E in North America Ford enhances 2025 Mustang Mach-E with content, lower price Ford updates 2025 Mustang Mach-E with heat pump, column shifter, BlueCruise 1.5 Ford opens orders for 2025 Mustang Mach-E with lower price Ford Mustang Mach-E production unaffected by Trump tariffs Ford to reveal its all-electric, Mustang-inspired SUV on November 17 Nemak to produce Ford Mustang Mach-E battery housings at new USD 25 mill...

OEM Plants  Updated at: 2025/07/17

n dollars went into operation. It has an annual capacity of producing 30,000 units of the "Freightliner Cascadia." On July 14, Daimler Truck North America announced it will lay off around 2,000 employees at five sites across the U.S. and Mexico due to the weak and uncertain freight market caused by tariffs and trade problems. The Mount Holly, North Carolina plant, which produces Freightliner’s medium-duty models, will begin layoffs on July 18. ...

OEM Plants  Updated at: 2025/07/17

1, 2024, decreased 2.4% from the previous year to EUR 1,803.1 million. This was driven by a market downturn, particularly in Europe, amid challenging economic and industry-specific conditions, including geopolitical turbulence, armed conflicts, the threat of heightened trade barriers such as higher tariffs, the industry's technological transformation to meet climate targets, and the recession in Germany. Excluding the effects of exchange rates, s...

Major Suppliers  Updated at: 2025/07/17

n February 12, it was announced that Volvo’s Curitiba plant in Brazil will export advanced cab trucks to Mexico and serve as the exclusive global production site for the BRZT electric bus chassis. According to Wilson Lirmann, president of Volvo Latin America, a trade agreement with Brazil removed tariffs, making cab-over trucks more competitive in Mexico. The segment has the potential to capture 50% of an annual 40,000-unit market. On May 8, Vo...

OEM Plants  Updated at: 2025/07/17

iron phosphate (LFP) batteries and five key technologies for producing lithium for all battery types.  The U.S.-China trade relationship has deteriorated dramatically since President Trump began implementing new tariff policies. Technology export controls represent a significant escalation beyond tariffs, moving the conflict into the realm of technological protectionism. These restrictions pose an immediate threat to manufacturing at Ford’s U...

News  Updated at: 2025/07/17

Daimler Truck North America to lay off 2,000 workers in U.S., Mexico On July 14, Daimler Truck North America announced it will lay off around 2,000 employees at five sites across the U.S. and Mexico due to the weak and uncertain freight market caused by tariffs and trade problems that spill over to affect domestic industries. “As we navigate a challenging economic environment, we’ve seen a notable slowdown in new truck orders, particularly in...

News  Updated at: 2025/07/17

invests over USD 1.1 billion in new U.S. plant Volvo Cars to eliminate diesel from the new S60 sedan Volvo Cars and Polestar launch new Polestar Engineered electrified performance offer Volvo Cars launch new S60 sports sedan manufactured at its first US plant in Charleston Volvo Cars CEO says auto tariffs threaten jobs at new U.S. plant Volvo Cars inaugurates first major China-owned factory in the U.S. Volvo Cars' first U.S. car factory begins ...

OEM Plants  Updated at: 2025/07/17

as "Canter Van" in the Middle East, starting in 2014. The contract is based on the strategic partnership between Daimler AG and Renault-Nissan Alliance announced in 2010. MFTBC aims to sell 1,000 Canter Vans a year in the Middle East. On July 14, multiple sources reported that in response to U.S. tariffs on imported vehicles, Nissan is now considering bringing some production of the body-on-frame Nissan Armada and Infiniti QX80 SUVs from Kyushu...

OEM Plants  Updated at: 2025/07/16

Thailand’s auto industry confronts U.S. tariffs and steel price surge Reported on July 12, 2025, Thai auto parts manufacturers are bracing for the impact of steep U.S. tariffs and volatile global steel prices, which are two developments threatening to disrupt the automotive supply chain. The Federation of Thai Industries (FTI)’s Auto Parts Industry Club recently convened to address these growing concerns. In April, the U.S. imposed a 25% tari...

News  Updated at: 2025/07/16

e decrease, and four companies including Aisin Corporation (Aisin) and Toyota Boshoku Corporation (Toyota Boshoku) expect an operating profit increase as a result of rationalization. However, most of the seven companies have not factored in the impact of the U.S. Trump administration’s additional tariffs, and the future may be turbulent for them. In FY 2024, four Toyota Group parts suppliers increased their revenue, and four increased their ope...

Major Suppliers  Updated at: 2025/07/16

Volvo Cars announces SEK 11.4 billion impairment charge due to tariffs and EV launch delays On July 14, Volvo Cars announced that it will record a one-off non-cash impairment charge of SEK 11.4 billion in the second quarter of 2025. The charge stems from revised financial assumptions related to the EX90 and ES90 platforms, following past launch delays and newly imposed import tariffs in several key markets. Despite a major software upgrade and a ...

News  Updated at: 2025/07/15

Vietnam eases tariff conditions for green vehicles, raises export duties on key materials On July 8, 2025, the Vietnamese government enacted Decree No. 199/2025/ND-CP, updating export and preferential import tariffs to support domestic vehicle production, especially eco-friendly models, and adjust key raw material duties. These changes underscore Vietnam’s commitment to sustainable growth, green vehicle production, and resource security. Notabl...

News  Updated at: 2025/07/15

fayette plant amid semiconductor shortage Subaru to end Legacy production in Indiana after 2025 model year Subaru to build next-gen Forester at Lafayette, Indiana plant Subaru Canada to reduce U.S.-made imports by more than half over trade war Subaru considers U.S. production amid tariffs, changing markets Subaru of America prices to increase on most models in June Subaru debuts refreshed 2023 Legacy in North America...

OEM Plants  Updated at: 2025/07/15

ther adjustments for the North American market. The Econic is sold under the Mercedes-Benz brand name in Europe.  On July 14, Daimler Truck North America announced it will lay off around 2,000 employees at five sites across the U.S. and Mexico due to the weak and uncertain freight market caused by tariffs and trade problems. The Mount Holly, North Carolina plant, which produces Freightliner’s medium-duty models, will begin layoffs on July 18. ...

OEM Plants  Updated at: 2025/07/15

Motors, Ltd., Toyota Group medium-sized parts suppliers, and Nidec Corporation are scheduled on April 24, and announcements from Toyota Group major parts suppliers such as Denso Corporation and Aisin Corporation are scheduled on April 25. The most controversial point is the impact of new automotive tariffs imposed by the U.S. Trump administration on vehicles and auto parts. Subaru Corporation and Mazda Motor Corporation, which have high ratios of...

Major Suppliers  Updated at: 2025/07/15