Relief for North American Auto Industry as US Customs and Border Protection Announces Exemption for CUSMA-Compliant Auto Parts
The North American automobile industry has been under intense pressure due to the imposition of tariffs by the US government, but a recent announcement by US Customs and Border Protection has brought some relief. Background The US has imposed a 25% tariff on all vehicle imports from the US, Canada, and Mexico. However, the Trump […]
A Revolutionary Approach to Vehicle Design and Ownership
Slate Auto, a Michigan-based startup, is set to shake up the American automotive industry with its innovative approach to vehicle design, manufacturing, and ownership. The company’s flagship product, the Slate Truck, is a compact, electric pickup that challenges conventional norms in the industry. The Slate Truck’s simplicity and affordability are its defining features. With a […]
The Unlikely Alliance: Acura and Nissan
In the world of automotive manufacturing, unexpected partnerships have become more common. The latest pairing to spark interest is a potential merger between Acura and Nissan. The two Japanese automakers have a long history, with Acura being a subsidiary of Honda, while Nissan is an independent company. The idea of a partnership between these two […]
The Impact of the Trump Tariff on the Global Automotive Industry
The Trump Administration’s recent decision to suspend tariff increases for 90 days has raised concerns about the long-term implications for the global automotive industry. As car manufacturers navigate this uncertainty, a financial expert has called on governments to take action to reduce the impact of the 25% tariff on new vehicles imported to America. Automotive […]
Revolutionizing the Local Automotive Industry
Rancon Auto Industries Limited, a leading player in the local automotive industry, has taken a significant stride towards modernization by establishing a facility to paint cars ahead of assembly. This innovative approach is set to enhance the country’s technological capabilities and make cars more affordable for local customers. Previously, this factory brought already painted parts, […]
The Automotive Industry Faces a Perfect Storm of Challenges
The automotive industry is facing a multitude of challenges that are affecting its performance and profitability. Several factors, including increasing competition, rising production costs, and global economic uncertainty, are contributing to the industry’s woes. The situation is further complicated by the ongoing trade tensions and tariffs imposed by governments worldwide, particularly in the United States. […]
Lexus Unveils LF-ZC Concept, A Bold Step Towards a Sustainable Future
The automotive world witnessed a glimpse of the future with Lexus’s debut of the LF-ZC concept at Milan Design Week. Set against the backdrop of a room that seemed as black as coal, the LF-ZC was a beacon of innovation, showcasing the brand’s commitment to sustainability, innovation, and its ambitious goal of producing an all-electric […]
US Tariffs Affect Austrian Supply Industry Mainly Indirectly
The Impact on Austrian Automotive Supply Industry The Austrian automotive supply industry is a significant sector in the country’s economy. Austrian companies are involved in the production of various automotive parts, including engines, transmissions, and other components. The industry is mainly composed of small and medium-sized enterprises (SMEs), which are often family-owned and operated. • […]
Economists Warn Car Tariffs Will Hurt As Donald Trump Revs Up Trade War With China!
The Impact of Tariffs on the Automotive Industry The imposition of tariffs on foreign cars and car parts by U.S. President Donald Trump has sent shockwaves throughout the global automotive industry. The 25 per cent tariffs, which were announced in a surprise move, will have a significant impact on Japanese and European carmakers, who are […]
Estonian AI Startup Secures Nearly One Million Euros from Icebreaker vc
The company’s primary goal is to create an AI-driven platform that streamlines inventory management for automotive companies, improving efficiency and reducing costs. Fleetbrains’ AI platform utilizes machine learning algorithms to analyze data from various sources, such as vehicle registration databases, auctions, and marketplaces. The platform’s core function is to provide automotive companies with real-time data […]
