Auto stocks fall as Trump tariffs spark trade war concerns

Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. Shi Kuanbing | VCG | Visual China Group | Getty Images Shares of auto giants fell sharply on Monday, but were off their intraday lows after President… Continue reading Auto stocks fall as Trump tariffs spark trade war concerns

German Manager Magazin: VW, BMW, Audi and Co.: That means Trump’s tariffs for German car manufacturer003933

US President Donald Trump (78) has implemented his threat to New punitive tariffs against Mexico, Canada and China imposed. Trump and Mexico’s President Claudia Sheinbaum negotiated a delay by a month on Monday afternoon, but the tariffs are by no means from the table: Now Mexico Zölle threatens from March 1st, the country does not… Continue reading German Manager Magazin: VW, BMW, Audi and Co.: That means Trump’s tariffs for German car manufacturer003933

BUDGET 2025: No Change in Effective Duty on Import of Cars

The recent Union Budget brought joy to those looking to import cars to India, as the basic customs duty (BCD) on import of cars was reduced by way of exempting them from the Social Welfare Surcharge (SWS). However, a closer look at the budget document shows that an Agriculture Infrastructure and Development Cess (AIDC) has… Continue reading BUDGET 2025: No Change in Effective Duty on Import of Cars

BUDGET 2025: No Change in Effective Duty on Import of Cars

The recent Union Budget brought joy to those looking to import cars to India, as the basic customs duty (BCD) on import of cars was reduced by way of exempting them from the Social Welfare Surcharge (SWS). However, a closer look at the budget document shows that an Agriculture Infrastructure and Development Cess (AIDC) has… Continue reading BUDGET 2025: No Change in Effective Duty on Import of Cars

BUDGET 2025: No Change in Effective Duty on Import of Cars

The recent Union Budget brought joy to those looking to import cars to India, as the basic customs duty (BCD) on import of cars was reduced by way of exempting them from the Social Welfare Surcharge (SWS). However, a closer look at the budget document shows that an Agriculture Infrastructure and Development Cess (AIDC) has… Continue reading BUDGET 2025: No Change in Effective Duty on Import of Cars

Global car industry in firing line of Trump’s tariffs on Mexico, Canada

U.S. automaker Tesla encouraged its Chinese suppliers to set up plants in Mexico in 2023 to supply the factory it was planning to build in the country from early 2025, but its plans have not materialised. U.S. President Donald Trump has imposed 25% tariffs on imports from Mexico, Canada and a fresh 10% duty on… Continue reading Global car industry in firing line of Trump’s tariffs on Mexico, Canada

Humanoid Robot Market to grow by USD 59.18 Billion from 2025-2029, Driven by Demand for Enhanced Visibility and Flexibility in Industrial Operations, AI Impact – Technavio

NEW YORK, Feb. 3, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global humanoid robot market size is estimated to grow by USD 59.18 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 70.4% during the forecast period. Demand for enhanced visibility and flexibility… Continue reading Humanoid Robot Market to grow by USD 59.18 Billion from 2025-2029, Driven by Demand for Enhanced Visibility and Flexibility in Industrial Operations, AI Impact – Technavio

Motorsport Market to grow by USD 10.79 Billion (2025-2029), as significant sponsor investments boost the market, Report with market evolution powered by AI – Technavio

NEW YORK, Feb. 2, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global motorsport market size is estimated to grow by USD 10.79 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 4.3% during the forecast period. Significant investments by sponsors is driving market growth, with… Continue reading Motorsport Market to grow by USD 10.79 Billion (2025-2029), as significant sponsor investments boost the market, Report with market evolution powered by AI – Technavio

Honda’s new EV production revolution begins with $1 billion investment in Ohio

A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio.  Michael Wayland / CNBC MARYSVILLE, Ohio — Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio. Honda is in the midst of completing… Continue reading Honda’s new EV production revolution begins with $1 billion investment in Ohio