Economy News - Update The German automotive manufacturer Audi, part of the Volkswagen Group, reported a 33% decline in profits for the previous year, totaling €4.2 billion. This represents the
Economy News - Update Toronto's Mayor, Olivia Zhao, has announced that the city will discontinue financial incentives for the purchase of Tesla vehicles used as taxis or for passenger transportation
Economy News - Follow-up Honda, a leading Japanese automotive manufacturer, is set to procure batteries for its hybrid vehicles from Toyota’s facility in the United States. This initiative is part
Economy Update - Follow-Up Chinese automotive manufacturer BYD is actively evaluating the German market for the establishment of its third assembly facility in Europe. This decision comes in the wake
Economic Insight - Analysis Elon Musk has drawn the attention of political observers, with some labeling him as President Donald Trump's "first friend." This burgeoning relationship comes amid the Trump
Toyota Halts Production Due to Supply Chain Disruption Following Factory Explosion Background on Closure Toyota has announced the temporary closure of a factory in Kyoto, Japan, following a significant disruption
Economy Update - Baghdad Elon Musk's recent appointment as a consultant to the U.S. State Department appears to have elicited negative investor sentiment, as evidenced by Tesla's stock experiencing a
Economy Update - Follow-Up The United States is actively engaging with India to advocate for the elimination of customs duties imposed on auto imports from the U.S., as per insights
Economy Update - Follow-up In a significant move today, the European Commission has responded to pressures from automotive manufacturers by extending the timeline for compliance with carbon dioxide emissions reduction
Toyota Motor Corporation announced on Thursday a noteworthy rebound in its global production levels, marking the first increase in a year, primarily driven by robust growth in its domestic manufacturing