This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Auto-industry tariffs coming in April, may bring immediate price hikes Mexico makes many U.S.-bound bound EVs, buys few of them EV tax credit still potentially applies to models made in Mexico and Canada The threat of auto tariffs affecting models made in Mexico and Canada has not abated.
Honda continued the expansion of its manufacturing operations in North America with the production start of the redesigned 2015 Honda Fit at a new, automobile plant of Honda de Mexico, S.A. The Celaya Auto Plant is Honda de Mexico’s second auto plant. million units. liter DOHC i-VTEC engine.
Following final approval from the Surface Transportation Board (STB), the transaction will combine the two railroads to create the first rail network connecting the US, Mexico, and Canada. Joining seamlessly in Kansas City, Mo.,
Yongsan possesses 17 production sites across 5 countries including South Korea, China, the US, Mexico, and India, and it employs ~3,300 workers across the company’s global network. Through its dominance in product quality and management, Yongsan is a reputable vendor to Hyundai, Kia Motors, Suzuki, Geely Auto, and BYD Auto.
A few weeks ago, Ken Ortiz, the president of the New MexicoAuto Dealers Association, penned a letter to the editor of the Albuquerque Journal. The letter, which came 2–3 weeks after Tesla opened its first facility in the state, defended auto dealers’ practices and claimed that they’re actually better for the EV transition.
The company chose the location for its excellent logistics with direct access to the Gulf of Mexico for the supply of starting materials from Brazil. Of this, capacity for highly durable zinc-coated steel sheet used for auto bodies and other applications will total around 1.5 billion for carbon flat steel facilities and $1.4
Home to the largest and most competitive auto industry in Latin America, Mexico was a latecomer to the electrification race, presenting marginal EV sales until late 2021 (with sub-0.1% continued] The post Mexico EV Sales Report: 90% Growth YoY in June Brings EV Market Share to 2.5%! BEV market share).
Mexico is the 12th largest auto market in the world. To keep growing sales and to keep electrifying the auto market globally, BYD has been selling its electric vehicles in more and more countries. BYD is #1 in the world for plugin vehicle sales and #2 for pure electric vehicle sales (only trailing Tesla). Now, […]
Joining BMW, Ford and FCA in suspension of production in the US due to COVID-19 ( earlier post ) are: Toyota is temporarily suspending production at all of its automobile and components plants in North America, including Canada, Mexico and the US, through 3 April. Tesla will suspend production at its Fremont plant on 23 March.
Tesla has effectively sidestepped a New Mexico law that was barring the company from operating a service center for EV owners in the state. For the longest time, Tesla owners in New Mexico had to drive out-of-state to centers in Colorado or Arizona just to get their vehicles serviced. New Mexico has long been elusive for Tesla.
Tesla suppliers from Asia are preparing for Gigafactory Mexico in Salinas Victoria, stated the municipality’s Mayor Raúl Cantú de la Garza. Other companies are also starting to invest in Nuevo León as the Tesla Giga Mexico project hits the ground running. Meanwhile, JL Mag Rare-Earth Co.
Geely Holding Group subsidiary Geely Auto has announced a vehicle purchase agreement with fellow marque brand ZEEKR to sell its EVs and aftermarket parts in Mexico.
Tesla Gigafactory Mexico could surge a major impact on cross-border trade, contributing upwards of $15 billion in growth, officials believe. “ The [Tesla factory] means a great step for Mexico in several ways,” Mexico’s Undersecretary of Foreign Affairs, Martha Delgado Peralta, said. Mexico border.
Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country. percent of the Mexican auto market in 2022. It noted that the U.S. It noted that the U.S.
On Tuesday, longtime auto industry veteran Sandy Munro shared a new interview with Musk, held following the Cybertruck delivery event. You can watch the full interview from Munro below, which marks the second time the auto industry veteran has interviewed Musk. What are your thoughts?
For instance, it rolled out a more affordable Model 3 in Mexico last year. The cheaper Tesla Model 3 in Mexico did not use the same materials and had different features to reduce costs. Tesla might consider releasing custom, cheaper versions of its vehicles in other countries.
The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. We’re not going to let China flood our market making it impossible for American auto—auto manufacturers to compete fairly. I will do it by following international trade laws,” Biden said.
Giant amongst developing nations, Mexico stands currently as the seventh-largest automobile producer in the world (in number of units). The Mexican auto industry has grown sevenfold since the 1960s and doubled its output since the 1990s, when it was granted full access to the US market. […]
With both projects, we are addressing the market-defining trends in the Chinese auto market, namely: electrification, digitalization, and sustainability. Both the new R&D center in Beijing and the Audi FAW NEV Company in Changchun clearly prove the progress in transforming Audi’s business in China. —Audi CEO Markus Duesmann.
Neta – the EV brand of China’s Hozon Auto, is making strides to begin selling its vehicles in Mexico this year. The automaker recently signed multiple partnerships with dealers and financial institutions in the country to enter the local market to the South as early as Q4 2024.
BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. auto sector,” the organization writes. auto sector,” the organization writes. auto industry appeared first on TESLARATI.
Tesla is aiming to start construction on its new factory in Mexico later this month as it is already awaiting final permits and could start building its first vehicles at the plant as soon as early 2024, officials said. I think by next year, in 2024, there will be the first autos.” I’d love to hear from you!
Stephan Matz, the general director of Pass Automotive Mexico, has stated that his company will be providing parts for Tesla’s electric vehicles. Matz noted that the facility which would be producing Tesla components is located at the Apolo Industrial Park in Irapuato, Mexico. About 100 more people will also be hired.
Tesla has been working to start deploying its Supervised Full Self-Driving (FSD) system outside of North America, though as the first waves of the software go out in China and Mexico, regulatory holdups in the United Kingdom (UK) and elsewhere are proving tough to overcome. Tesla FSD vs Xiaomi vs Li Auto inner city driving test.
Honda unveiled the all-new 2015 Fit at the North American International Auto Show in Detroit. The 2015 Fit will be manufactured for the first time in North America at the new Celaya, Mexico plant. Click to enlarge. Set to go on sale in the US this spring, the new subcompact Fit is completely redesigned, featuring a sportier style.
VIA’s vehicle integration capability, at both production facilities in Utah and Mexico, provides a range of commercial vehicles to meet zero emissions requirements. Zhejiang Geely Commercial Vehicle (GCV) has two sub brands; the London Electric Vehicle Company and Yuan Cheng Auto.
BYD was recently spotted testing its upcoming hybrid pickup truck in Mexico. However, after it was spotted in Mexico undergoing some rigorous-looking tests, news broke that BYD’s upcoming pickup truck will be a plug-in electric vehicle (PHEV). The post BYD tests PHEV pickup truck in Mexico [Video] appeared first on TESLARATI.
Chinese automaker BYD plans to debut its new energy pickup truck, Shark, in Mexico this month. The BYD Shark will make its global debut in Mexico on May 14, 2024. The Chinese automaker was initially rumored to unveil it at the Beijing Auto Show in April 2024.
However, just as there are positives affecting the forecast, there are range of trends and risk factors that could drive US light vehicle sales lower, including: Uncertain passage of the United States Mexico Canada (USMCA) trade agreement; Continued imposition of steel and aluminum import tariffs—especially on Canada and Mexico, two of the largest (..)
Jetty (Mexico City) is using technology to establish and enforce stricter service standards on private suppliers of loosely regulated "colectivo" services in Mexico City. Three Wheels United (Bangalore, India) is using finance and technology to decarbonize the auto rickshaw market.
BYD is expected to unveil its electrified pickup truck at the Beijing Auto Show on April 25. Earlier this month, tests conducted on the BYD Shark in Mexico hinted that it would use the DMO platform, initially introduced to complement the company’s Fang Cheng Bao brand. BYD will reportedly equip the Shark pickup truck with a 31.9
Funding entities will include both Nissan Motor Co., The framework addresses four key pillars: Use of Proceeds. Process for Project Evaluation and Selection.
The company showcased at the 16 th Auto Expo 2023 exhibition at Pragati Maidan in New Delhi, India, earlier this month. Founded in 1975, RSB Group is a global Tier-1 automotive supplier, which operates 13 manufacturing plants: 11 in India, one in the US, and one in Mexico.
Autonomous vehicle technology company Nauto has entered into strategic agreements with three major auto companies, including BMW i Ventures and Toyota Research Institute, as well as with Allianz Ventures, part of the leading global financial service provider and insurance company Allianz Group.
Ford announced a series of global manufacturing actions centered on improving the company’s operational fitness, among them that it would source the next-generation Ford Focus for North America primarily from China, rather than Hermosillo, Mexico. Ford is a top auto exporter in the US. This is in addition to the $1.3
We’ve gone now [two-and-a-half] years of pretty historic increases in auto insurance premiums,” said Stephen Crewdson, senior director of insurance business intelligence at J.D. If you’re wondering why fewer people are bothering to purchase auto insurance in the 2020s, there’s no singular reason.
It could affect auto dealerships, which typically hold a higher level of expensive assets than homeowners, Hoffman said. Wards Auto offered an assessment of the overarching situation, noting that there will be a period where surviving dealerships won’t have sufficient inventories to satisfy demand in the impacted states.
Neta – the EV brand of China’s Hozon Auto, is making strides to begin selling its vehicles in Mexico this year. Hozon Auto was founded in China in 2014 before launching its first production model – the Neta N01 compact SUV in 2018. The Neta X EV / Source: Neta.co
Fred Diaz, President and CEO - Ram Truck Brand and Chrysler de Mexico, introduces the 2014 Ram ProMaster at the Chicago Auto Show. Click to enlarge. The Chrysler Group’s 2014 Ram ProMaster van, developed from the Fiat Ducato, will mark the the North American introduction of the 174 hp (130 kW) 3.0-liter
Chinese-built EVs are closer to hitting the US market as Geely-owned brand ZEEKR has launched its first two models in Mexico. This past February, we reported that ZEEKR’s parent company, Geely Auto, had inked a deal to resell its BEVs in Mexico through at least the end of 2026. FTC: We use income earning auto affiliate links.
Tesla Cybertruck deliveries are starting in Mexico this week and the automaker says that Canada should follow in about a month. Tesla is starting deliveries of Cybertrucks in Mexico this week: There are already a few Cybertrucks being prepared for deliveries at service centers in the country, according to the local owners club.
Volkswagen is bringing a $22,000 electric car to market, how Kia going all in on EVs is impacting its sales, and Mexico still thinks it’s getting a Tesla gigafactory. FTC: We use income earning auto affiliate links. All this and more on Quick Charge (by Electrek).
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content