• Fri, January 31, 2025

by: aseanbriefing

Cambodia's 2025 Economic Outlook and Investment Opportunities for Foreign Investors

Cambodia's GDP is projected to grow by 6.3 percent in 2025. This growth rate marks a return to pre-pandemic levels, supported by stable inflation and a steady exchange rate. The Asian Development Bank (ADB) has a slightly more conservative estimate,

by: MSN

2025 Nissan Altima Review: Solid Sedan Does Enough But No More

Nissan's affordable Altima isn't going to win any races, nor compete on luxury, but drivers on a budget may find something to smile about nonetheless.

by: Reuters

Denso eyes price negotiations, not panic, against Trump's tariffs

The world's second-largest car parts maker is not unduly worried about U.S. President Donald Trump's looming tariffs on Mexico and Canada, and may seek to manage increased costs by raising prices, a top executive at Japan's Denso said on Friday.

by: MSN

Survey Labels Automotive Sector As 'Most Disrupted' Industry In The World

A recent study from Alix Partners has claimed that the automotive sector is the most "disrupted" business sector going into 2025, based upon executive sentiment. However, this is allegedly not a terrible thing because the report likewise suggests that automakers are among those best suited to adapt to changing business models.

by: Reuters

Bosch sees 2024 operating profit plummet by a third

German automotive supplier Robert Bosch (ROBG.UL) said on Friday that its operating profit plummeted by a third to 3.2 billion euros ($3.32 billion) in 2024, a reflection of a wider crisis in the automotive and mechanical engineering industries.

by: MSN

GEICO donates lab vehicles to TSTC programs

Some staff members representing the GEICO nationwide insurance company presented six vehicles to the TSTC Foundation for use by Texas State Technical College's Automotive Technology program and Auto Collision and Management Technology program on Friday.

by: MSN

Trump's DOT head gave a political gut punch to the auto industry

And that would be unfortunate," the Former DOT secretary told The Verge. "The work we've done to make EVs more affordable is part of why there are more and more jobs being created in the industrial Midwest,
  • Sat, February 1, 2025

by: Mint

Economic Survey: Local tech, components for EV manufacturing

India seeks to curb reliance on China's EV supply chain by prioritizing local manufacturing and battery technology. Public transport emerges as a key pillar of the country's clean mobility strategy.

by: Yahoo

Lane closures to impact State Road 63 near West Lebanon

The Indiana Department of Transportation has reported lane closures beginning Feb. 4 that will impact State Road 63 near West Lebanon. Beginning on or after Tuesday, Feb. 4, crews will begin alternating single-lane closures on S.

by: CP24

Live updates: Trudeau to announce Canada's response to Trump's tariffs

U.S. President Donald Trump's administration imposed sweeping import tariffs on Canada after signing an executive order at his Mar-a-Lago club in Florida Saturday. Prime Minister Justin Trudeau convened a cabinet meeting to discuss counter-tariff measures.

by: WVNS

Recovery crews return to the Potomac debris after the deadly plane and helicopter crash

Recovery crews and divers searched the Potomac River for remains and cleared wreckage Saturday from the midair collision of a passenger jet and Army helicopter that killed 67 people.
  • Sun, February 2, 2025

by: familydestinationsguide

This Massive Car Museum In Los Angeles Hides A Secret Collection Of Over 200 Rare Automobiles

Beneath this already impressive museum lies a secret automotive paradise known as The Vault. It's like finding out your grandpa's garage is a portal to Narnia, but instead of talking lions and witches, you get over 200 rare and exotic cars.

by: MSN

Trump's tariffs on Mexico, Canada and China could drive up prices of cars, electronics, fuel, food and more

Trump signed executive orders to impose tariffs on Mexico, Canada and China under the International Emergency Economic Powers Act (IEEPA), with a White House fact sheet claiming the move is meant to hold the US' largest trading partners "accountable to their promises of halting illegal immigration and stopping poisonous fentanyl and other drugs from flowing into our country.

by: Forbes

Electric Vehicle Sales Could Help Global Transport Emissions Peak 25 Years Faster Than Expected

New research from the International Council on Clean Transportation estimates global emissions from road transportation and liquid fuel consumption may peak at around 9 gigatonnes as soon as 2025 and then begin falling,

by: Forbes

Electric Vehicle Sales Peak Global Transport Emissions 25 Years Faster Than Expected

The ICCT notes accelerated EV deployment, thanks primarily to government policies adopted since 2021, will cumulatively avoid 23 billion tonnes of emissions through 2050. If governments achieve their transportation decarbonization targets, cumulative emissions will fall an additional 13 billion tonnes by 2050.
  • Mon, February 3, 2025

by: MarketWatch

Here are the automakers hit hardest by the tariffs on Mexico and Canada

Shares of the Big Three automakers slumped on Monday in premarket trade as the impact of 25% tariffs on Canada and Mexico hit the companies hard.

by: Forbes

Current Climate: Does Cutting Clean Car Rules Help Consumers?

In this week's Current Climate newsletter, rolling back vehicle efficiency rules; GM makes big moves with affordable EVs; creating lower-cost batteries

by: autobodynews

Trump's Flurry of Executive Orders Draws Mixed Opinions from Aftermarket Industry

Orders concerning tariffs, EV purchase tax credits and components of connected vehicle systems could affect collision repair.

by: Hoodline

Michigan Revives Classic License Plates, Fueling Nostalgia and Road Funds

Michigan has reintroduced its legacy license plates, with designs from 1979-1983 and 1983-2007 now available for order.

by: WBTW

'We're not criminals': Protesters gather in downtown Myrtle Beach

Protesters were out in force Monday afternoon in downtown Myrtle Beach as U.S. Immigration and Customs Enforcement continues deportation operations throughout the

by: MSN

Auto & Transportation Roundup: Market Talk

Find insights on potential tariff impacts for Mercedes, Volvo and more in the latest Market Talks from the auto and transportation sectors.
  • Tue, February 4, 2025

by: Forbes

Precision Timing's Role In Advancing Transportation Technology

The growing demand for precise synchronization of complex systems across various industries has driven the evolution of timing technology.

by: Reuters

Trump tariffs will only add to the pain for hard-hit Nissan

One of the biggest casualties of Donald Trump's potential tariffs on Mexico and Canada is likely to be the Japanese automaker that can least afford the pain: Nissan .

by: CNBC

Best Auto Loans and Financing of February 2025

A car is an expensive purchase, but choosing the right lender can save you thousands of dollars in interest charges and fees. Plus, you want your car shopping experience to be easy and transparent ...

by: Yahoo

Azerbaijani plane that crashed in December was hit by Russian Pantsir-S missile, government source says

An Azerbaijani passenger plane that crashed in December after being diverted from Russia to Kazakhstan was hit by a Russian Pantsir-S air defence system, an Azerbaijani government source told Reuters on Tuesday.

by: Forbes

"Made In America" Is Easier Said Than Done

Nearshoring manufacturing is going to require more cooperation with our neighbors and significant investment in transportation networks.
  • Wed, February 5, 2025

by: Reuters

Ford projects mounting EV losses for 2025, Q4 profit up

Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties in cutting costs on battery-powered models.

by: ConsumerAffairs

Moving to Kentucky statistics (2025 data)

Approximately 106,797 people moved to Kentucky in 2023, while 92,582 moved out. This represents a net gain of 14,215 residents. While the overall population has only seen slight growth in recent years, the Bluegrass State managed to attract roughly 45 movers per day between 2022 and 2023.

by: MSN

Trump's China tariff increase will affect Ford and GM vehicles, billions of dollars in auto parts

The move to put 10% additional tariffs on imports from China will affect a small number of U.S. vehicles, but increased costs of auto parts could affect already heightened car prices. The biggest impact on vehicles will be on Ford Motor's Lincoln Nautilus and General Motors' Buick Envision.

by: MSN

Factbox-Who has Trump picked for his cabinet and other top posts?

The U.S. Senate has confirmed about half of President Donald Trump's picks for his cabinet so far. Here are Trump's choices for some key posts. PETE HEGSETH, DEFENSE SECRETARY Hegseth, 44, is a military veteran who has expressed disdain for the "woke" policies of Pentagon leaders,

by: Reuters

Ford's gas vehicles head to take on expanded role of leading EV unit

Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of leading its money-losing electric vehicle business.

by: Reuters

GM takes full control of Cruise in autonomous personal vehicle shift

General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the autonomous technology for personal vehicles not robotaxis.

by: Reuters

Musk politics? Tesla sales slump in UK, European markets

Tesla posted lower sales across five European countries in January, including the United Kingdom and France, as competitors with newer models gained on the electric vehicle maker and polls show public opinion souring on CEO Elon Musk.
  • Thu, February 6, 2025

by: Wired

Tariff Uncertainty Taxes the Auto Industry

For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.

by: Reuters

Porsche says vehicle development expenses to impact 2025 operating profit

Porsche AG said on Thursday that expenses for the vehicle development and battery activities in its subsidiaries will impact its operating profit and automotive net cash flow for up to 800 million euros ($830.

by: Reuters

ArcelorMittal to build new steel plant in US to meet auto sector demand

ArcelorMittal said on Thursday that it would build an advanced steel manufacturing facility in Calvert, Alabama, as it seeks to increase its production capacity to meet demand from the U.S. automotive sector.
  • Fri, February 7, 2025

by: MSN

Banning USD Hosts CTE Meeting Of The Minds With Industry Professionals

Banning High School recently welcomed industry leaders, employers, and educators to its Career Technical Education (CTE) Industry Advisory M

by: Reuters

Automakers urge USDOT to quickly restart federal EV charging program

A group representing automakers and electric vehicle charging companies on Friday urged the U.S. Transportation Department to quickly restart a $5 billion government EV infrastructure program.

by: CNN

How Trump's tariffs could rattle economies along the US-Mexico border

Uncertainty around President Donald Trump's proposed tariffs and trade policy is putting businesses on America's southern border on edge. With stiff duties possibly coming as soon as March 1, it's forcing companies to put spending and hiring decisions on hold.

by: MSN

Why Tesla's sales have plummeted across the world

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: MSN

Donald Trump Is Going After EV Projects That Are Already Underway

Good morning! It's Friday, February 7, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.

by: MSN

Loaded with cars - freighter fights against high waves

A nerve-wracking situation for the crew of a freighter off the coast of Japan. The ship, loaded with cars, was shaken by high waves - fortunately the valuable cargo was well secured.
  • Sat, February 8, 2025

by: MSN

Universal Logistics Holdings, Inc. (NASDAQ:ULH) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 7, 2025 Operator: Hello, and welcome to Universal Logistics Holdings Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

by: Forbes

EU Unilateral Auto Tariff Offer To U.S. Might Shelter Its Car Makers

The EU is ready to slash tariffs on U.S. auto imports. A former U.S. envoy expects the U.S. to seek big overall changes to tariffs, and unfair non-tariff barriers.
  • Sun, February 9, 2025

by: MSN

Bruce Highway closed after fatal crash

Drinking coffee in the morning could improve a person's heart health, a US study has found. The Bruce Highway was closed after a deadly crash involving a milk truck and a car.

by: Forbes

Hydrogen Has Failed In Cars And It Won't Be Powering Trucks Either

With dwindling passenger car sales for hydrogen fuel cells, the technology is now looking like a non-starter for heavy-duty trucks as well.

by: Forbes

Electric Vehicles Set Records: Smart Policy Can Ensure America Leads Global Markets

Electric vehicles are setting U.S. sales records, generating economic growth. But repealing government EV policies would throw all that in reverse.
  • Mon, February 10, 2025

by: Scoop

AI in Automotive Market Projected to Reach USD 134.5 bn by 2033

AI in Automotive Market size is expected to reach USD 134.5 billion by 2033, projected at a CAGR of 37.4% during forecast period.

Bosch sees 2024 operating profit plummet by a third

German automotive supplier Robert Bosch (ROBG.UL) said on Friday that its operating profit plummeted by a third to 3.2 billion euros ($3.32 billion) in 2024, a reflection of a wider crisis in the automotive and mechanical engineering industries.

Bosch, a leading German automotive supplier, has forecasted a significant decline in its 2024 operating profit, expecting it to plummet by a third due to a combination of factors including a weak global economy, high inflation, and increased costs for materials and energy. The company, which is heavily involved in the automotive industry, also cited challenges from currency effects and the need for substantial investments in future technologies like electric vehicles and hydrogen technology. Despite these setbacks, Bosch remains committed to its strategic goals, aiming to achieve a 7% margin on adjusted earnings before interest and taxes (EBIT) by 2026, although it anticipates a dip in this margin to 3% in 2024. The company's outlook reflects broader industry trends where traditional automotive suppliers are navigating the shift towards electrification and digitalization amidst economic headwinds.

Read the Full Reuters Article at:
https://www.reuters.com/business/autos-transportation/bosch-sees-2024-operating-profit-plummet-by-third-2025-01-31/