2025-03-27 Toyota Tsusho Corporation (head office: Nagoya City; President & CEO: Ichiro Kashitani) announces the following personnel change. [Effective April 1, 2025] New Organization New Position Name Current Organization Current Position TT Steel Processing (M) Sdn. Bhd. President Kuratani Shota Mobility Material Global Business DepartmentMobility Material Global Group 3 Manager Techno Steel Processing De Mexico,… Continue reading @Toyota: Notice of personnel change
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Trump auto tariffs: Wall Street reacts as stocks slide
President Trump is applying the brakes to the profit engines of global automakers. Trump said Wednesday the US will impose 25% tariffs on imports of cars and car parts, to take effect on April 3. The measures will apply to both finished cars and trucks. “This will continue to spur growth that you’ve never seen… Continue reading Trump auto tariffs: Wall Street reacts as stocks slide
Exclusive: Japanese AI startup CADDi that helps manufacturers optimize supply chains gets $38 million in new funding
CADDi, a Japanese startup that uses AI to help large global manufacturing companies optimize their supply chains, has raised $38 million in new funding from U.K.-based venture capital firm Atomico. The new funding values CADDi at $470 million, the company said. The investment round, which the company is classifying as a “Series C extension,” brings… Continue reading Exclusive: Japanese AI startup CADDi that helps manufacturers optimize supply chains gets $38 million in new funding
Plug-In Hybrids Hold Promise for India’s Cities, But Price Tag Holds Them Back
Plug-in Hybrid Electric Vehicles (PHEVs) could play a crucial role in India’s urban mobility landscape, offering the convenience of electric cars with the added security of an internal combustion engine. However, a lack of targeted incentives and high upfront costs continue to prevent these vehicles from entering the mainstream Indian market. At the Future Powertrain… Continue reading Plug-In Hybrids Hold Promise for India’s Cities, But Price Tag Holds Them Back
Tata Motors, Samvardhana Motherson and other auto cos may face Trump’s 25% tariff heat, shares slump
India’s auto component exports to the US was $6.79 billion in FY24, while the country’s imports from the US stood at $1.4 billion at 15 per cent duty, reported PTI citing industry estimates. US President Donald Trump’s decision to impose a 25per cent tariff on all auto imports has sent shockwaves across the global automobile… Continue reading Tata Motors, Samvardhana Motherson and other auto cos may face Trump’s 25% tariff heat, shares slump
Electric car: Toyota canceled battery factory due to low EV demand
Contrary to the global trend, Toyota sees a low demand for electric cars-and blows the construction of a factory for long-range batteries. ((Toyota,, Electric car))) Go to source
US tariffs will hurt both automakers and US manufacturing: ACEA
The European Automobile Manufacturers’ Association (ACEA) has voiced its deep concern by US President DonaldTrump’s announcement of additional tariffs on the automotive sector. In a statement issued today, ACEA said: “It comes at a watershed moment for our industry’s transformation and as fierce international competition mounts.” European automakers have been investing in the US for… Continue reading US tariffs will hurt both automakers and US manufacturing: ACEA
US tariffs will hurt both automakers and US manufacturing: ACEA
The European Automobile Manufacturers’ Association (ACEA) has voiced its deep concern by US President DonaldTrump’s announcement of additional tariffs on the automotive sector. In a statement issued today, ACEA said: “It comes at a watershed moment for our industry’s transformation and as fierce international competition mounts.” European automakers have been investing in the US for… Continue reading US tariffs will hurt both automakers and US manufacturing: ACEA
Most carmakers & consumers stand to lose as Trump’s tariffs spread the pain
The US neighbors could use that window to try to stave off full implementation, even if it’s a long shot. As the fallout from President Donald Trump’s tariff plans comes into relief, a harsh truth is emerging for the automotive industry: There are lots of losers and not many winners. From South Korea’s Hyundai Motor… Continue reading Most carmakers & consumers stand to lose as Trump’s tariffs spread the pain
Trump announces 25% tariff on all cars imported to US
A new tariff of 25% will be imposed on all cars and car parts imported into the United State, president Donald Trump has announced. This new levy will come into effect from 2 April, and will apply both to finished machines shipped into the country and car parts imported for vehicles assembled there. President Trump claimed the… Continue reading Trump announces 25% tariff on all cars imported to US