Facing pressure from suppliers and the Chinese government, major Chinese car manufacturers like BYD, Xiaomi, and Chery have agreed to pay their suppliers within 60 days. This follows […]
Unlocking AI’s Potential: Toyota’s Practical Approach to Solving Real Business Problems
The automotive industry is undergoing a quiet revolution, driven by the integration of artificial intelligence (AI). While many brands talk about AI concepts, successful implementation in large enterprises […]
Toma’s AI Voice Agents Secure $17 Million in Funding, Boosting Car Dealership Efficiency
Toma, an innovative startup focused on vertical AI solutions for specific industries, has secured a significant $17 million funding round led by venture capital firm a16z. This investment […]
Ford Recalls Over 1.1 Million Vehicles Due to Rearview Camera Issue
Ford Motor Company has announced a recall affecting nearly 1.1 million vehicles in the US due to software issues that may cause rearview cameras to malfunction, increasing the […]
UK and US Near Trade Deal: Tariff Reductions for Steel, Auto Exports
Officials in the UK and the US are nearing an agreement that would reduce trade barriers, particularly for steel and auto exports. This deal is expected to be […]
Porsche Weighs Price Hikes Amidst US Tariff Pressures
Porsche is facing potential price hikes for its vehicles as a result of ongoing US tariffs on imported parts. These tariffs, which have increased to 27.5% due to […]
BYD Unveils New Luxury Sports Car Amidst Competition with Tesla
China’s BYD made a bold move at Auto Shanghai, unveiling the Denza Z, their high-end sports car aimed at competing in the luxury segment alongside established players like […]
Japan Reviews Car Safety Standards to Facilitate US Trade Deal Negotiations
Japan’s trade negotiations with the United States are driving a review of its car safety standards. This move aims to address non-tariff barriers and boost trade, impacting sectors […]
Japan to Ease Car Safety Standards in Bid to Reduce US Tariffs
As trade tensions between Japan and the United States escalate, Tokyo is considering relaxing certain car safety regulations for American vehicles to secure a favorable deal on tariffs. […]
Renault Thrives Amidst U.S. Tariff Uncertainty
Renault stands out in a changing automotive landscape shaped by U.S. tariffs. The company is taking advantage of the shift, reshaping market dynamics and prompting other automakers to […]
CarMax Reports Q4 & FY’2025 Earnings: Revenue Surges While EPS Misses Expectations
CarMax (KMX) recently released its fourth-quarter and fiscal year 2025 earnings report, demonstrating a significant surge in revenue. The company reported $6.0 billion in net revenues, marking a […]
Jaguar Land Rover Halts U.S. Exports Amidst Tariffs
Luxury car manufacturer Jaguar Land Rover (JLR) is pausing shipments to the United States in response to 25% tariffs imposed by the Trump administration on all car imports. […]
Ford Retail Sales Up 5%, Exceeding Overall Market Decline
Despite a year-over-year decline in overall sales, Ford retail units saw a notable surge of 5% growth during the first quarter, according to the company. This positive performance […]