Markets News | Automotive World https://www.automotiveworld.com/news/markets-news/ Future mobility articles, reports, and events Fri, 02 May 2025 18:42:17 +0000 en-GB hourly 1 https://wordpress.org/?v=6.7.1 https://www.automotiveworld.com/app/uploads/2024/04/cropped-cropped-aw-favicon-18-32x32.png Markets News | Automotive World https://www.automotiveworld.com/news/markets-news/ 32 32 Mercedes-Benz to add new production tracks at Alabama plant https://www.automotiveworld.com/news/mercedes-benz-to-add-new-production-tracks-at-alabama-plant/ Fri, 02 May 2025 06:00:33 +0000 https://www.automotiveworld.com/?p=440438 Mercedes-Benz joins a growing number of automakers to make new investments in US production under Trump. By Stewart Burnett

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]]> Rho Motion: BYD and Chery turn to PHEVs to bolster EU growth https://www.automotiveworld.com/news/rho-motion-byd-and-chery-turn-to-phevs-to-bolster-eu-growth/ Fri, 02 May 2025 05:55:13 +0000 https://www.automotiveworld.com/?p=440484 Heavy tariffs on Chinese-made BEVs are pushing the country’s automakers to focus on PHEVs instead. By Stewart Burnett

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]]> Chery to launch off-road iCar brand in the UK as ‘iCaur’ https://www.automotiveworld.com/news/chery-to-launch-off-road-icar-brand-in-the-uk-as-icaur/ Fri, 02 May 2025 05:53:46 +0000 https://www.automotiveworld.com/?p=440445 Because Apple owns the rights to the iCar name, Chery will rebrand its off-road vehicles ‘iCaur’ instead. By Stewart Burnett

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]]> Isuzu begins production of D-MAX EV pickup in Thailand https://www.automotiveworld.com/news/isuzu-begins-production-of-d-max-ev-pickup-in-thailand/ Fri, 02 May 2025 05:53:24 +0000 https://www.automotiveworld.com/?p=440478 Isuzu is among a growing number of automakers embracing Thailand as a production hub for their global operations. By Stewart Burnett

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]]> Bloomberg: Rivian amassed stockpile of tariff-free batteries https://www.automotiveworld.com/news/bloomberg-rivian-amassed-stockpile-of-tariff-free-batteries/ Thu, 01 May 2025 05:58:21 +0000 https://www.automotiveworld.com/?p=440363 Rivian’s stockpiling of batteries from Samsung SDI and Chinese supplier Gotion actually precedes the 2024 election. By Stewart Burnett

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]]> US House votes to rescind California truck emissions rules https://www.automotiveworld.com/news/us-house-votes-to-rescind-california-truck-emissions-rules/ Thu, 01 May 2025 05:57:22 +0000 https://www.automotiveworld.com/?p=440351 House Republicans led the charge with the vote, which was bolstered by a handful of Democrats. By Stewart Burnett

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]]> BMW freezes US EV production amid policy uncertainty https://www.automotiveworld.com/news/electric-mobility-news/bmw-freezes-us-ev-production-amid-policy-uncertainty/ Thu, 01 May 2025 05:55:28 +0000 https://www.automotiveworld.com/?p=440391 The production freeze comes on the heels of multiple automakers withholding or lowering their annual guidance. By Stewart Burnett

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]]> Abu Dhabi expands robotaxi plans with Autogo and Apollo Go https://www.automotiveworld.com/news/abu-dhabi-expands-robotaxi-plans-with-autogo-and-apollo-go/ Thu, 01 May 2025 05:25:41 +0000 https://www.automotiveworld.com/?p=440386 Apollo Go and Autogo join a growing number of robotaxi operators looking to seize a portion of the UAE’s nascent robotaxi segment. By Stewart Burnett

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]]> More automakers scrap their 2025 guidance due to tariff chaos https://www.automotiveworld.com/news/more-automakers-scrap-their-2025-guidance-due-to-tariff-chaos/ Wed, 30 Apr 2025 06:15:01 +0000 https://www.automotiveworld.com/?p=440286 Trump’s erratic trade policies are making it all but impossible for automakers to give accurate guidance, let alone make long-term plans. By Stewart Burnett

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]]> GM pulls forecast amid tariff chaos, freezes stock buybacks https://www.automotiveworld.com/news/gm-pulls-forecast-amid-tariff-chaos-freezes-stock-buybacks/ Wed, 30 Apr 2025 06:01:16 +0000 https://www.automotiveworld.com/?p=440231 It isn’t just overseas automakers that are feeling the bite of the Trump administration’s tariffs. By Stewart Burnett

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]]> Toyota picks HarmonyOS for Chinese market EVs https://www.automotiveworld.com/news/toyota-picks-harmonyos-for-chinese-market-evs/ Wed, 30 Apr 2025 05:54:39 +0000 https://www.automotiveworld.com/?p=440238 Toyota has switched from its global-to-local model to produce vehicles made from the ground up for the Chinese market, including software. By Stewart Burnett

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]]> BYD enters Benin, African footprint now at 16 countries https://www.automotiveworld.com/news/byd-enters-benin-african-footprint-now-at-16-countries/ Wed, 30 Apr 2025 05:49:53 +0000 https://www.automotiveworld.com/?p=440233 BYD has prioritised expanding into markets where EV adoption remains at a nascent level. By Stewart Burnett

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]]> US Republicans propose US$200 EV fee, US$100 for hybrids https://www.automotiveworld.com/news/us-republicans-propose-us200-ev-fee-us100-for-hybrids/ Wed, 30 Apr 2025 05:49:23 +0000 https://www.automotiveworld.com/?p=440270 Republicans argue that the funds are necessary to offset the disproportionate impact EVs have on road repairs. By Stewart Burnett

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]]> Porsche warns 2025 margins to reach “historically low level” https://www.automotiveworld.com/news/porsche-warns-2025-margins-to-reach-historically-low-level/ Tue, 29 Apr 2025 06:05:26 +0000 https://www.automotiveworld.com/?p=440174 Porsche has no US production, and therefore no way to get around Trump’s biting tariffs. By Stewart Burnett

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]]> Japan reviews auto tax system to account for premium EVs https://www.automotiveworld.com/news/japan-reviews-auto-tax-system-to-account-for-premium-evs/ Tue, 29 Apr 2025 05:55:55 +0000 https://www.automotiveworld.com/?p=440077 Despite their high price tag, Japan’s luxury EVs are taxed substantially less than their cheaper ICE counterparts. By Stewart Burnett

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]]> OEMs push US congress to repeal 2035 CA ICE ban https://www.automotiveworld.com/news/oems-push-us-congress-to-repeal-2035-ca-ice-ban/ Tue, 29 Apr 2025 05:54:21 +0000 https://www.automotiveworld.com/?p=440072 The Alliance for Automotive Innovation argues that OEMs will be forced to reduce volumes to meet EV quotas. By Stewart Burnett

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]]> BYD breaks ground on car factory in Cambodia https://www.automotiveworld.com/news/byd-breaks-ground-on-car-factory-in-cambodia/ Tue, 29 Apr 2025 05:50:58 +0000 https://www.automotiveworld.com/?p=440091 BYD continues to ramp up its manufacturing presence in the Asia-Pacific region. By Stewart Burnett

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]]> Nissan considers ending production in Wuhan, says Reuters https://www.automotiveworld.com/news/nissan-considers-ending-production-in-wuhan-says-reuters/ Mon, 28 Apr 2025 06:00:32 +0000 https://www.automotiveworld.com/?p=439968 Despite having a production capacity of 300,000 units, the Wuhan plant has only produced around 10,000 units per year since launch. By Stewart Burnett

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]]> California proposes to allow driverless truck testing https://www.automotiveworld.com/news/california-proposes-to-allow-driverless-truck-testing/ Mon, 28 Apr 2025 05:57:31 +0000 https://www.automotiveworld.com/?p=439972 Testing would be restricted to pre-approved highways and exclude vehicles transporting certains types of goods. By Stewart Burnett

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]]> BMW will integrate DeepSeek AI into its Chinese models https://www.automotiveworld.com/news/bmw-will-integrate-deepseek-ai-into-its-chinese-models/ Mon, 28 Apr 2025 05:52:00 +0000 https://www.automotiveworld.com/?p=440017 DeepSeek continues to garner momentum in the Chinese automotive industry. By Stewart Burnett

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