Associations
The 5G Automotive Association (5GAA) has released its 2024 Annual Report, highlighting its continued progress toward global C-V2X deployment and connected mobility solutions. The report outlines the association's milestones and achievements, including its expanded global presence, strengthened industry collaboration, and progress in policy engagement, standardisation, technical innovation, and
Associations
The Moscow International Automotive Forum (IMAF) 2025 was held as part of the International Exhibition of spare parts and automotive components MIMS Automobility Moscow 2025, bringing together government, business, science, and the expert community to discuss current challenges facing market participants and strategies for the automotive industry's development.
Associations
The European Automobile Manufacturers' Association (ACEA) has introduced an interactive tracker to monitor progress on key zero-emission metrics, providing policymakers, journalists, and industry professionals with accurate and reliable data. The tracker highlights the challenges in the transition to zero-emission mobility, including declining market shares of battery-electric cars and insufficient
Associations
The Rt. Hon. Mark Carney has announced his new cabinet, bringing a mix of continuity and fresh perspectives for the Automotive Industries Association of Canada's (AIA Canada) advocacy work. Thirteen members of the cabinet are newly elected Members of Parliament, and the cabinet remains gender balanced. AIA Canada
Automotive industry
President Donald Trump signed executive orders Tuesday to relax some of his 25% tariffs on automobiles and auto parts, a move aimed at boosting domestic manufacturing and creating jobs. The changes are a significant reversal from the earlier tariffs, which threatened to hurt the industry and raise prices for consumers.
Automotive industry
President Donald Trump signed a proclamation on April 29, 2025, to offer compensation to automobile manufacturers importing auto parts and assembling cars in the United States, following growing opposition to tariff policies across various sectors. The move comes as manufacturers and industry leaders have been warning about the potential impact
Automotive industry
The UK's car manufacturing industry has been on high alert since US President Donald Trump announced a range of trade tariffs in April, with a 10% "baseline" import tax slapped on every country that sends goods to the US and a 25% tariff on car, steel,
Automobile industry
Tesla Inc reported a surprise profit of $US2.2 billion ($3.3 billion) for the July-September quarter, surpassing expectations and sending its stock price up 12% in after-hours trading. The company's earnings were driven by a 20% increase in vehicle sales, which is expected to grow by 20-30%
Automobile industry
Tesla Inc. (NASDAQ:TSLA) stock rallied after hours on Wednesday as the electric vehicle maker's third-quarter earnings and profit margin topped expectations, despite revenue falling short. The company's earnings per share (EPS) rose 9% year-over-year to $0.72, surpassing estimates of $0.58. Revenue of $25.
Automotive industry
Martinrea International Inc., a diversified and global automotive supplier, announced its financial results for the second quarter ended June 30, 2024, demonstrating a strong performance amidst challenging market conditions. The company's total sales reached $1,301.8 million, with production sales of $1,263.7 million, while adjusted
Automotive industry
The Toyota Land Cruiser Prado has been unveiled in Nigeria by Toyota by CFAO, an authorized distributor of Toyota vehicles in the country. This latest model promises to enhance both off-road and everyday driving experiences, making it an essential addition to any vehicle enthusiast's collection. The 2024 Toyota
Automotive industry
The Shyft Group, Inc. has announced a quarterly cash dividend of $0.05 per share of common stock, marking a significant step in the company's commitment to returning value to its shareholders. As part of this announcement, the Michigan-based manufacturer has also highlighted its financial performance, reporting sales
