Nissan, Bridgestone confirm layoffs in May amid uncertain demand

Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. As manufacturers continue to navigate an uncertain operating environment amid the Trump administration’s tariff policies, several companies turned to layoffs to cut costs.  The job cuts occurred even as President Donald Trump remains adamant that tariffs will… Continue reading Nissan, Bridgestone confirm layoffs in May amid uncertain demand

Thermoplastic Elastomers Market worth $38.94 billion by 2030- Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., June 6, 2025 /PRNewswire/ — The report “Thermoplastic Elastomers Market by Type (SBC, TPU, TPO, TPV, COPE, PEBA), End-use Industry (Automotive, Building & Construction, Footwear, Wire & Cable, Medical, Engineering), Region – Global Forecast to 2030″, is expected to reach USD 38.94 billion by 2030 from USD 30.83 billion in 2025, at a… Continue reading Thermoplastic Elastomers Market worth $38.94 billion by 2030- Exclusive Report by MarketsandMarkets™

The Rotary Correction: Notorious Mazda RX-8 now a sensible bargain

It was one of the most exciting and intriguing cars to be launched into the new century. Here was a decidedly stylish, highly distinctive coupe with the novelty (for most buyers at least) of a smooth-spinning rotary engine, four seats and a quartet of doors that opened like clamshells to reveal an unexpectedly spacious interior.… Continue reading The Rotary Correction: Notorious Mazda RX-8 now a sensible bargain

This $17,000 Nissan EV is off to a hot start in China and it’s about to go global

Would you buy Nissan’s new EV for under $17,000? Nissan said the N7 has already “exceeded our expectations,” as orders continue to climb in China. With plans to launch the new EV globally, can the N7 help Nissan turn things around? Nissan sells a $17,000 EV in China? After launching the N7 on April 28,… Continue reading This $17,000 Nissan EV is off to a hot start in China and it’s about to go global

‘Car Wars’: Five auto insights investors should know from top BofA analyst

A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — The automotive industry is experiencing unprecedented disruption and uncertainty when it comes to regulations, electric vehicles, software innovations and competition from China. Such disruptions have been years in the making, but many of the issues are coming to… Continue reading ‘Car Wars’: Five auto insights investors should know from top BofA analyst

Auto industry sounds the alarm as China’s rare earth curbs start to bite

Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010. Stringer | Reuters Automotive industry groups are increasingly worried about a rare earth shortage. Several European auto supplier plants and production lines have already been shut down due to China’s recent export controls, according to… Continue reading Auto industry sounds the alarm as China’s rare earth curbs start to bite

Freepoint Commodities Announces Renewal of Its Revolving Credit Facility at USD 2.3 Billion; Allows Growth to USD 3.2 Billion.

STAMFORD, Conn., June 5, 2025 /PRNewswire/ — Freepoint Commodities LLC (“Freepoint”) today announced that it closed a USD 2.3 billion revolving bank facility (the “Facility”). The Facility consists of a USD 1.38 million three-year committed tranche and a USD 920 million one-year uncommitted tranche. Additionally, the Facility has a USD 900 million accordion feature. Mitsubishi… Continue reading Freepoint Commodities Announces Renewal of Its Revolving Credit Facility at USD 2.3 Billion; Allows Growth to USD 3.2 Billion.

Nissan Motor India Implements Solar Power Systems Across Seven Dealerships

Nissan Motor India announced comprehensive sustainability initiatives on World Environment Day, installing grid-based solar electricity generation systems at seven dealerships across the country to power workshop and showroom operations entirely through renewable energy. The automotive manufacturer revealed these green initiatives on June 5, 2025, from its Gurugram headquarters as part of its broader environmental commitment… Continue reading Nissan Motor India Implements Solar Power Systems Across Seven Dealerships

Nissan’s CEO on leading in chaos: Be fast and be flexible

If you’ve just taken the top job, Nissan’s new CEO Ivan Espinosa has some advice for you. Espinosa steps into the role at a turbulent time for the global auto industry — with slowing EV sales, intensifying competition from China, and new tariffs threatening profits. “Keep the optimism up, because the environment is very tough,… Continue reading Nissan’s CEO on leading in chaos: Be fast and be flexible