Trucks are shown from a drone view after clearing U.S. Customs and entering the United States from Tijuana along the U.S. Mexico border at Otay Mesa port in San Diego, California, U.S. April 2, 2025. Mike Blake | Reuters DETROIT — As President Donald Trump‘s 25% tariffs on imported vehicles were set to take effect,… Continue reading Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs
Tag: Hyundai
German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009093
The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009093
EV Bloodbath: Nio Slashes Jobs, Misses Targets, and Plunges to 5-Year Low
Nio (NYSE:NIO) is tightening its belthard. The EV maker has kicked off a sweeping round of layoffs across Europe and the U.S., aiming to cut global operating costs by 25%. Design and R&D teams were hit first in Europe, where Q1 sales tumbledNorway down 40%, Germany down 37%. In the Netherlands, their market head just… Continue reading EV Bloodbath: Nio Slashes Jobs, Misses Targets, and Plunges to 5-Year Low
Kia showcases design philosophy and latest vehicles with ‘Eclipse of Perceptions’ and ‘Transcend Journey’ exhibits at Milan Design Week 2025
– ‘Eclipse of Perceptions’ exhibit continues Kia’s dedication to supporting art and culture by providing a platform for artists from diverse backgrounds – Conceptual artworks interpret Kia’s ‘Opposites United’ design philosophy through various mediums including sculpture, sound and light – ‘Transcend Journey’ exhibit highlights the transformative power of Kia’s new PBV and EV models – Opposites United: Eclipse of Perceptions runs from… Continue reading Kia showcases design philosophy and latest vehicles with ‘Eclipse of Perceptions’ and ‘Transcend Journey’ exhibits at Milan Design Week 2025
LG PARTNERS WITH KIA TO PRESENT AI-POWERED MOBILITY SPACE SOLUTIONS
LG PARTNERS WITH KIA TO PRESENT AI-POWERED MOBILITY SPACE SOLUTIONS Accessibility Statement Skip Navigation Company Redefines In-Vehicle Experience with Smart Home Solutions Delivering Tailored Mobility Experiences SEOUL, South Korea, April 3, 2025 /PRNewswire/ — LG Electronics (LG) is presenting the Spielraum concept car in collaboration with Kia at the 2025 Seoul Mobility Show, taking place at KINTEX… Continue reading LG PARTNERS WITH KIA TO PRESENT AI-POWERED MOBILITY SPACE SOLUTIONS
Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs
An employee mounts a VW logo on a new Volkswagen Tiguan at the VW main plant. Picture Alliance | Picture Alliance | Getty Images Auto giants have responded to U.S. President Donald Trump‘s tariffs by announcing plans to raise prices, impose import fees, pause production and even lay off staff. As part of plans designed… Continue reading Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs
German FAZ: EU Commission imposed millions of fines against 15 car manufacturer009087
The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturer009087
GENESIS CARES INITIATIVE TO MAINTAIN MANUFACTURER’S SUGGESTED RETAIL PRICE FOR THE NEXT TWO MONTHS
FOUNTAIN VALLEY, Calif., April 4, 2025 /PRNewswire/ — Genesis Motor America today launched the Genesis Cares initiative to maintain the manufacturer’s suggested retail price for its entire lineup for the next two months in response to dynamic market conditions and the potential impact of tariffs on the automotive industry. “At Genesis, we remain committed to… Continue reading GENESIS CARES INITIATIVE TO MAINTAIN MANUFACTURER’S SUGGESTED RETAIL PRICE FOR THE NEXT TWO MONTHS
Hyundai Launches Customer Assurance to Maintain Current Manufacturer’s Suggested Retail Price
Hyundai will not raise MSRP for its current model lineup for the next two months, starting today until June 2, 2025 Builds on Hyundai’s long history of Assurance programs that support American consumers Closely follows Hyundai’s recent $21 billion U.S. investment and the grand opening of Hyundai Motor Group Metaplant America in Georgia Since entering… Continue reading Hyundai Launches Customer Assurance to Maintain Current Manufacturer’s Suggested Retail Price
Hyundai CRETA Leads Indian Auto Sales in March 2025
Hyundai CRETA recorded the highest sales in the Indian automobile market in March 2025, with 18,059 units sold, maintaining its leadership in the SUV segment. The model also led Q4 FY 2024-25 sales (Jan–Mar) with 52,898 units, reinforcing its position as India’s best-selling SUV. Hyundai CRETA finished FY 2024-25 as the third highest-selling passenger vehicle… Continue reading Hyundai CRETA Leads Indian Auto Sales in March 2025