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Continental AG says it will separate rubber unit, likely put it up for sale

Germany's Continental AG on Tuesday said it would turn its ContiTech rubber and plastics division into an independent entity that would likely be put up for sale.
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Tariffs will lead to 2 million fewer auto sales in US this year, auto advisory firm forecasts

U.S. and Canada auto sales could decline by 1.8 million vehicles this year and be stagnant over the next decade if the global trade war escalates, a Detroit-area automotive advisory firm forecasts.
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Senate passes Transportation budget that increases gas tax, funds major projects

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Volkswagen Responds to U.S. Tariffs with Import Fees and Shipping Delays

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by: Reuters

Trump's auto tariffs will lead to autoworker pain, two Michigan business groups say

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by: Reuters

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Sat, March 29, 2025

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by: CNN

Trump's tariffs could push up costs even if you're not buying a new car

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Fri, March 28, 2025

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by: InsideEVs

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by: Reuters

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by: Fortune

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by: Newsweek

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by: Reuters

Trump uses 2019 national security probe to justify tariffs on auto imports

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Tue, March 25, 2025

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Japan turns to Vietnam, Indonesia to tackle truck driver shortage

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Thailand's auto industry shows signs of recovery amid slump, executives say

Thailand's auto sector faces a slow and painful recovery from a prolonged slump even with government support, three executives and an industry group said at the country's main motor show, ringed by discount posters and promotional campaigns.

Thailand's automotive industry is showing signs of recovery despite a recent slump, according to industry executives. The Federation of Thai Industries (FTI) reported a significant drop in car production and sales in the first half of the year, with domestic sales falling by 4.9% and production decreasing by 16.8%. However, there are positive indicators for the future, including a recovery in consumer confidence, an increase in electric vehicle (EV) production, and government incentives aimed at boosting EV adoption. Notably, Chinese EV manufacturers like BYD and Great Wall Motor are investing in Thailand, with BYD planning to produce 150,000 EVs annually. Additionally, the government's EV3.5 package offers subsidies and tax incentives to promote EV sales, which are expected to help revitalize the sector. Despite these advancements, challenges remain, such as high household debt and economic recovery from the impacts of the global health crisis.

Read the Full Reuters Article at:
https://www.msn.com/en-us/money/other/thailand-s-auto-industry-shows-signs-of-recovery-amid-slump-executives-say/ar-AA1BBEBq