Tag: Automotive Industry
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Automakers Weather Tariffs and Chip Shortage, Still Profitable
Tariffs Have Made the Year Tough, Yet Profits Persist Automakers have been contending with a mounting tariff bill that Moody’s pegs at about $30 billion for the industry this year. The added costs have come from a web of duties on imported cars, parts, and materials, complicating pricing strategies and squeezing margins for some manufacturers.…
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China Tightens Rare Earth Exports: Auto Supply Chains at Risk
Chinese Rare Earth Curbs Trigger Alarm Across the Auto Industry The latest move by China to tighten exports of rare earths and related technologies has reignited concerns about the resilience of global automotive supply chains. As the world’s leading supplier of critical minerals and processing capacity, Beijing’s expanded restrictions are being watched closely by carmakers,…
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Tesla Shares Dip as Cheaper Model Y and Model 3 Fall Short
Tesla’s Stock Slips as Cheaper Models Fail to Impress Investors Tesla’s stock took a hit on the news that its new, lower-cost versions of the Model Y and Model 3 have not delivered the boost investors expected. Shares fell about 4% in after-hours trading as the market weighed the impact of tax-credit expiry and intensifying…
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Tesla Shares Dip as Cheaper Model Y and Model 3 Fall Short of Expectations
Tesla Faces a Stocks Dip as Cheaper Models Lag Expectations Tesla’s latest attempt to sustain sales in a tougher EV market centers on cheaper versions of its best-selling cars. The company unveiled stripped-down, lower-cost iterations of the Model Y SUV and Model 3 sedan in the United States, aiming to cushion the impact of a…
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Tesla shares fall as cheaper Model Y and Model 3 disappoint rivals
Tsla shares drop as cheaper Model Y and Model 3 disappoint investors Tossing up a familiar paradox, Tesla unveiled lower-priced versions of two best-selling models in the United States, aiming to steady sales as the bloc of EV incentives changes hands. The move comes amid investor unease that the margins and appeal of stripped-down variants…
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Trump Imposes 25% Tariff on Medium and Heavy-Duty Trucks Starting November 1
Overview: A Bold Move in U.S. Truck Trade Policy President Donald Trump announced a sweeping tariff on imported trucks, setting a 25% levy on all medium- and heavy-duty (MDT/HD) trucks entering the United States beginning November 1, 2025. The move underscores his administration’s ongoing push for protectionist trade measures aimed at boosting American manufacturers against…
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Trump Imposes 25% Tariffs on Medium and Heavy-Duty Trucks Starting November 1
Overview: New Tariffs Enter Into Force President Donald Trump announced that beginning November 1, 2025, the United States will impose a 25 percent tariff on all imported medium- and heavy-duty trucks. The move is part of a broader effort to shield American truck manufacturers from what the administration describes as unfair foreign competition and dumping…
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Maruti Suzuki Production Rises 26% in September
Maruti Suzuki Production Jumps 26% in September New Delhi, India — Maruti Suzuki India Limited (MSIL), the country’s largest carmaker, posted a 26% year‑on‑year rise in production in September, underscoring resilient demand for passenger vehicles across the nation. In September, MSIL rolled out roughly 201,915 vehicles from its plants nationwide, compared with 159,743 units in…
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Sollers SP7: Russia’s Affordable Minivan Rival to Toyota Alphard
Introduction: Russia’s Bold Minivan Play Russia is boosting its domestic automotive ambitions by launching pre-orders for a new minivan designed to challenge Japanese rivals in the family-car segment. The Sollers SP7 is being produced at full capacity on the company’s plant in Elabuga, with early price announcements appearing from dealers in several regions. The campaign…
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Shaping Israel’s Auto Market: Q3 Summary Shows Chery on Podium
Strong Q3 performance caps a solid three-quarter run Israel’s automotive market has logged three solid quarters, with 242,000 new cars on Israeli roads since the start of the year, up 7% from the same period last year. This total excludes buses, trucks, two-wheelers, and vehicles entered via personal or parallel import. It also includes tens…