• Sat, March 1, 2025

by: MSN

Skoda 'to axe 6,000 jobs amid expensive roll out of electric vehicles'

Around 6,000 people could lose their jobs as Czech car making giant Skoda makes drastic cuts to keep up with an expensive electric vehicle rollout
  • Sun, March 2, 2025

by: ABC

Automakers head north to test new cars. This year is proving more difficult

Benny Leuchter, a Volkswagen factory race and test driver, has traveled the world to test-drive vehicles. The weeks and months analyzing vehicles in extreme temperatures is "tough on the engineers," he conceded. What's learned in the Arctic, though, has real-world consequences for consumers.
  • Mon, March 3, 2025

by: TravelDailyNews

Autorun appointed as Exclusive Dealer for OMODA & JAECOO in Dubai

OMODA & JAECOO appoint Autorun as exclusive dealer in Dubai, enhancing their UAE presence with two showrooms and dedicated service centers.

by: Reuters

Tesla rises 2% as Morgan Stanley backs AI, robotics efforts with 'top pick' status

Tesla shares rose 2% on Monday after Morgan Stanley reinstated the electric-vehicle maker as its top U.S. auto pick, saying the company's artificial intelligence and robotics efforts could power growth even as the mainstay car business stumbles.

by: Forbes

Best Commercial Auto Insurance 2025

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys ...

by: MSN

Here's how new tariffs will crash the American car industry

During remarks at a Wolfe Research conference last month, Ford CEO Jim Farley made it clear how President Trump's tariff proposals will affect one of the most prolific of Detroit's Big Three and any other automaker that sells to American motorists.

by: Bloomberg

Car Prices Are Poised for $12,000 Surge on Trump's New Tariffs

Impending tariffs on Canada and Mexico risk driving up US car prices by as much as $12,000, further squeezing consumers and wreaking havoc across the intricate web of automotive supply lines spanning the continent.

by: MarketWatch

Trump's tariffs, whether implemented or not, have already hurt the U.S. auto industry

Many in the industry feel that the levies could still be called off. Virtually everyone is hoping that, if enacted, the tariffs will be short-lived. Regardless, uncertainty has already taken its toll.

by: MSN

'Existential Threat': How Tariffs And Uncertainty Could Blow Up The Auto Industry

Prices could rise as much as $10,000 on some models if tariffs go into effect. Meanwhile, a new Chinese challenger to Tesla rises fast.

by: Reuters

EU to propose giving automakers three years to meet CO2 emission targets

The European Commission will propose revising planned fines for automakers whose car and vans fail to meet 2025 CO2 emission targets, by allowing them to hit the targets based on fleet emissions over three years.
  • Tue, March 4, 2025

by: Zawya

BYD and Al-Futtaim Group announce strategic partnership

Dubai / Shenzhen: BYD, a pioneer and leader in the global new energy automobile industry, and Al-Futtaim Group, a family-owned business with a 90-year legacy spanning more than 20 countries, are pleased to announce a landmark partnership aimed at transforming the automotive landscape in the Middle East.

by: sinchew

DHL sees new opportunities in Thailand with its Strategy 2030, reaffirms its commitment to help drive Thailand's economic growth

Identifies electric vehicles (EV), e-commerce and supply chain diversification as key focus areas in Thailand DHL is well positioned to support Thailand's ambitions with investments ahead of the curve over the last few years

by: Yahoo

5 THINGS: ICTC candidates share workforce education goals

Former ICTC instructor Andrew Theodore faces incumbent Ginger Knight for Indian Capital Technology Center board, seat 5. They answered the following questions: 1 Why are you running for this position on the board of education?

by: Airways

Sector Analysis: the State of eVTOL Innovators

Airways analyzes the insolvencies and funding failures of eVTOL innovators in the Advanced Air Mobility Sector.

by: Impacts

Driving the Future of Mobility: An Interview with Hiroshi Nishijima, CEO of Zoomcar

In this exclusive TechBullion interview, Hiroshi Nishijima, CEO of Zoomcar Holdings, Inc. (NASDAQ: ZCAR), discusses his leadership journey, strategic vision, and the transformation of India's largest self-drive car-sharing marketplace.

by: MSN

NASCAR Is Officially Investigating Driver Incident From Sunday

NASCAR's EchoPark Automotive Grand Prix wasn't without it's share of drama thanks to Sunday's incident between Austin Cindric and Ty Dillon at Circuit of the Americas down in Texas. Early in the race,

by: Reuters

Automakers warn that Trump tariffs will hike some vehicle prices by as much as 25%

A trade group representing nearly all major automakers warned on Tuesday that new 25% tariffs on imports from Canada and Mexico imposed by President Donald Trump will lead to drastic price hikes.

by: CNBC

Trump's tariffs could quickly cut North American auto production by 20,000 vehicles per day

A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.

by: Forbes

Trump Tariffs Sending Auto Industry Into Uncertainty, Analyst Says

Tariffs implemented by the Trump administration may boost prices and reduce vehicle production, an analyst for S&P Global Mobility said Tuesday.

by: CNBC

Trump's tariffs could cut North American auto production by 20,000 vehicles per day

A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.

by: Reuters

AutoZone misses quarterly revenue estimates on inflation, currency rates

AutoZone on Tuesday missed Wall Street estimates for second-quarter revenue, as the automotive parts retailer navigated headwinds due to consumers holding back and currency rate fluctuations.

by: Forbes

Compare Car Insurance Quotes (2022 Rates)

The type of vehicle you insure impacts how much you spend on car insurance, especially if you're buying collision and comprehensive insurance. Here's a look at average car insurance costs for ...

by: Reuters

European auto stocks sink as U.S. tariffs on Mexico, Canada kick in

Shares in European carmakers and automotive suppliers fell sharply on Tuesday, after U.S. tariffs of 25% took effect on imports from Canada as well as Mexico, a major automotive supply and manufacturing hub for global firms.

by: Reuters

Continental shares tumble on bleak 2025 autos outlook

German automotive parts supplier Continental expects a weak year for the market in 2025, and has yet to assess the potential impact of new U.S. tariffs on its North American operations, it said on Tuesday,

by: Reuters

European auto stocks plunge as U.S. tariffs on Mexico, Canada kick in

Shares in European carmakers and automotive suppliers fell sharply on Tuesday, after U.S. tariffs of 25% on imports from Mexico and Canada took effect.
  • Wed, March 5, 2025

by: Cars

10 Biggest News Stories of the Week: Ram 1500 Leaves Volkswagen ID. Buzz, Kia EV9 Out in the Cold

by: Forbes

Blue Yonder: 2024 Business Review

Blue Yonder is a private company, but they briefed industry analysts on their 2024 results and their plans for 2025.

by: Reuters

What the Trump tariffs could mean for America's beloved pickup truck

U.S. President Donald Trump's 25% tariffs on Canada and Mexico have sent the U.S. auto industry scrambling to plan for the massive tax on some of America's best-selling vehicles, including full-sized pickup trucks,

by: Reuters

Trump will delay some auto tariffs after Detroit Three push

President Donald Trump agreed to delay tariffs for one month on some vehicles built in North America after a call with the CEOs of General Motors and Ford and the chair of Stellantis, the White House said Wednesday.

by: Reuters

EU plans law to give car services groups access to vehicle data

The European Commission aims to propose draft legislation this year that would allow insurers, leasing companies and repair shops fair access to valuable vehicle data, according to its auto industry action plan to be published on Wednesday.
  • Thu, March 6, 2025

by: MSN

How Automotive Innovations Are Revolutionizing the Road

Automotive innovations are reshaping the way we drive, making roads smarter, safer, and more efficient. From self-driving cars to electric vehicles, these breakthroughs are pushing the limits of what's possible in transportation.

by: Reuters

Trump delays tariffs for goods under Mexico, Canada trade deal

President Donald Trump suspended on Thursday the 25% tariffs he imposed this week on most goods from Canada and Mexico, the latest twist in a fluctuating trade policy that has whipsawed financial markets and fanned worries over inflation and a growth slowdown.

by: WPXI

Car crashes into automotive shop in Pittsburgh's Beechview neighborhod

A car crashed into an automotive shop in Pittsburgh's Beechview neighborhood Thursday morning. The crash happened around 3:42 a.m. at the intersection of West Liberty and Brookside avenues. Our crews saw damage to the bricks and window on the front of the building.

by: JEC

James Cropper, the Advanced Materials specialist, has launched 2 new products at JEC World 2025

Surfacetec streamlines composite manufacturing by enhancing surface quality, optimising resin flow, imparting functionality and reducing process complexity. Perfectly suited for industries that demand greater efficiency and cost savings,

by: Reuters

VW may avoid 25% Trump tariff, but BMW faces trade levy

Volkswagen said Thursday that its vehicles made in North America comply with the United States-Mexico-Canada Agreement (USMCA), meaning they will likely avoid being subject to the 25% tariffs U.S. President Donald Trump has imposed on imports from Mexico and Canada which do not comply with the trade deal's rules.

by: Reuters

French battery maker ACC welcomes EU auto sector support but fears it's too late

French battery maker Automotive Cells Company said on Thursday it welcomed support from the European Union for the auto sector, but also feared that it would come too late.

by: Reuters

Trump delays auto tariffs. Pickup trucks might explain why.

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

by: Reuters

Stellantis pledges more American cars, thanks Trump for one-month tariff exemption

Automaker Stellantis said on Thursday it shared U.S. President Donald Trump's goal of building more cars in the United States, as it thanked him for granting a one-month exemption from tariffs on Canada and Mexico.
  • Fri, March 7, 2025

by: Reuters

VW may avoid 25% Trump tariff, but BMW and others face trade levy

Volkswagen said on Thursday that its vehicles made in North America will likely avoid being subject to the 25% tariffs U.S. President Donald Trump has imposed on imports from Mexico and Canada, but other carmakers,

by: FreightWaves

CMA CGM to invest $20B in US shipping, supply chain capabilities

The French shipping and logistics conglomerate CMA CGM said it is investing $20 billion in its U.S.-based shipping, port and supply chain capabilities, using pro-American language that might appeal to President Trump.

by: Dawn

The rise of NEVs in Pakistan's auto industry

BYD is driving Pakistan's shift to new energy vehicles (NEVs) with innovation, sustainability and cost-effective solutions.

by: PlanetF1

What Danica Patrick's 'female mind' comments miss about history of women in motorsport

Danica Patrick's comments that women are unfit for F1 have resurfaced, prompting a deep dive into the historic repression of women in racing.

by: MENAFN

TELO Trucks Unveils Its Fully-Realized Pre-Production Mini Pickup Truck

As the electric vehicle landscape continues to evolve, TELO Trucks is defining a new category of pickup trucks that meets a significant market n

by: InsideEVs

Tesla Accused Of 'Gaming' Rebates After Claiming 8,600 Sales In One Weekend

EV subsidies in Canada were about to end. Tesla then filed for over half of the remaining rebates in hours, leaving dealers furious.

by: FMIBlog

Photonic Sensors & Detectors Market: Competitive Share Analysis and Growth Trends

  • Sat, March 8, 2025

by: TheCable

Nigeria focused on processing lithium reserves for electric vehicles production, says minister

The federal government says it is committed to utilising Nigeria's natural resources for local production such as electric vehicles.

by: Yahoo

1 person injured in crash in South Park Township

One person was injured in a crash in South Park Township. Members of the Broughton Volunteer Fire Department said crews were called to the intersection of Brownsville Road and Cochran Mill Road Saturday evening. Two vehicles had crashed there and no one was entrapped.

by: Yahoo

Rockdale County Sheriff's Office vehicle involved in crash

A crash involving a Rockdale County Sheriff's Office vehicle and another car is under investigation on Saturday afternoon. Georgia Department of Transportation cameras at Miller Chapel Road SE and Hwy. 138 show a sheriff's office SUV on the sidewalk and with severe damage to its front driver's side.

Skoda 'to axe 6,000 jobs amid expensive roll out of electric vehicles'

Around 6,000 people could lose their jobs as Czech car making giant Skoda makes drastic cuts to keep up with an expensive electric vehicle rollout
Skoda, the Czech car manufacturer, has announced plans to cut approximately 6,000 jobs as part of a cost-saving initiative due to the expensive transition to electric vehicle production. This decision comes in response to the broader automotive industry's shift towards electrification, which involves significant investments in new technology, infrastructure, and compliance with increasingly stringent emissions regulations. The job cuts, which represent about 3% of Skoda's global workforce, are aimed at ensuring the company's competitiveness and financial stability during this transformative period. Skoda's strategy includes not only reducing its workforce but also streamlining operations and enhancing efficiency across its production lines to manage the high costs associated with electric vehicle development and manufacturing.

Read the Full MSN Article at:
https://www.msn.com/en-us/autos/news/skoda-to-axe-6-000-jobs-amid-expensive-roll-out-of-electric-vehicles/ar-AA1A4a9N

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