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NEWS TAGGED AUTOMOTIVE
Monday 3 February 2025
Trump's tariff gamble puts North America's auto industry on edge
The Biden administration is set to impose a 25% tariff on imported goods from Canada and Mexico, with the automotive sector taking the hardest hit.
Monday 3 February 2025
STMicro's worst year in decades: sales drop, job cuts amid continuous market slump
STMicroelectronics (STMicro) plans to cut 2,000 to 3,000 jobs, approximately 6% of its global workforce, through early retirement programs or natural attrition as it grapples with...
Friday 31 January 2025
Chinese automakers face challenges in auto parts localization amid quality demands
The automotive industry's stringent safety and reliability requirements are presenting significant challenges to the Chinese government's ongoing push to increase the localization...
Friday 24 January 2025
Taiwan auto parts maker drives growth with AI healthcare focus while expanding core business
Taiwan-based Global PMX, a major manufacturer of automotive powertrain and safety components, has successfully expanded its presence in AI-powered digital healthcare and other sectors...
Friday 24 January 2025
European automakers face carbon penalty storm, pressuring EU to reconsider regulations
The European Union (EU) has raised carbon emission standards to 93.6g/km starting in 2025, leading to penalties that could reach EUR15 billion (US$15.6 billion), according to the...
Friday 24 January 2025
EV showdown: Can China outpace the US in the electric vehicle race?
On his first day back in the White House, President Donald Trump issued a series of orders, notably revoking electric vehicle (EV) subsidies and vowing to revive the glory of the...
Friday 24 January 2025
Sintrones eyes exponential growth amid edge AI application opportunities
Artificial intelligence (AI) is transforming industries at an unprecedented pace, and Sintrones Electronics is capitalizing on emerging opportunities in vertical application markets...
Friday 24 January 2025
TI outperforms market expectations despite a downturn in automotive and industrial sectors
Texas Instruments (TI)'s latest financial results for the fourth quarter show a nuanced performance, with overall revenue slightly declining yet exceeding market forecasts, indicating...
Friday 24 January 2025
Taiwan's automotive AM leaders hit record revenues on North American demand
According to a report by Fortune Business Insights, the global automotive aftermarket (AM) market reached US$418.95 billion in 2023 and is projected to grow at a compound...
Thursday 23 January 2025
Chinese PHEVs surge in global markets, leaving Tesla and legacy automakers in a tight spot
Chinese automobiles have consecutively secured the title of the world's largest automobile exporter in 2023 and 2024. Despite being impacted by the trade war surrounding battery electric...
Thursday 23 January 2025
Xiaomi and BYD challenge Tesla's dominance in China
Xiaomi recently announced that the Xiaomi SU7 had surpassed the Tesla Model 3 in terms of vehicle deliveries in December 2024, thereby achieving a position among the top 5 in China's...
Wednesday 22 January 2025
Topco teams with Depo to build solar station, advancing green energy initiatives
Topco Scientific Co. (TSC), a leader in Taiwan's semiconductor and optoelectronics supply chain integration, partnered with Taiwan's automotive lighting giant Depo Auto Parts to unveil...
Tuesday 21 January 2025
LG targets 45% B2B revenue by 2030 through AI-driven expansion
LG Electronics has embarked on a strategic transformation in 2024, shifting its focus toward non-hardware businesses and B2B operations. The company has enhanced investments in automotive...
Monday 20 January 2025
EV makers pivot: Trump 2.0 day one threatens charged-up industry
The global electric vehicle industry faces an immediate reset as Donald Trump returns to the White House. Markets are already reacting to his promised dismantling of key industry...
Monday 20 January 2025
WT Microelectronics expects AI-driven surge in 2025, optimistic about recovery in automotive and industrial sectors
Taiwan-based electronics distributor WT Microelectronics has steadily expanded its global distribution network following the completion of its acquisition of Future Electronics. The...