Rimac Eyes Porsche’s Stake in the Bugatti Hypercar Joint Venture
In a bold move that could reshape the hypercar landscape, Rimac Automobili is reportedly exploring the possibility of acquiring Porsche's stake in the Bugatti hypercar joint venture. This strategic consideration has emerged amidst the growing competition and demand for high-performance electric vehicles in the automotive market.
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Li Shufu Under Pressure as Volvo Seeks New Growth Trajectory
In a significant turn of events, billionaire Li Shufu, the owner of Volvo, is facing increasing pressure to unveil an aggressive new growth plan for the Swedish automotive giant. As automakers worldwide navigate a challenging landscape fueled by technological advancements, shifting consumer preferences, and the escalating urgency surrounding climate change, Volvo finds itself at a crucial juncture that could define its future direction.
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Trump's Tariff Controversy Pressures Canada to Act on U.S. Auto Imports
In a dramatic escalation of trade tensions, former President Donald Trump’s latest tariff proposal is compelling Canadian officials to make a critical decision regarding their automobile imports from the United States. The potential for retaliatory tariffs could have profound implications for the North American automotive industry, which is heavily integrated across the border.
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Tesla's Sales Plummet to Lowest Levels since 2022 Amidst Backlash Against Elon Musk
In a concerning trend for Tesla, the electric vehicle manufacturer's sales have substantially decreased, hitting their lowest point since 2022. Analysts attribute this downturn to a combination of market saturation and growing consumer discontent, particularly against CEO Elon Musk, whose controversial statements and actions have sparked criticism and skepticism among potential buyers.
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Significant Drop in Tesla's Deliveries from China Signals Troubling Trends for the EV Giant
In a concerning turn of events for Tesla Inc., March 2025 has witnessed a substantial decrease in vehicle deliveries from its Chinese factories, reflecting a broader downturn in the electric vehicle (EV) market globally. The company reported an 11% decline in deliveries from the previous month, raising alarms among investors and industry analysts alike.
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China's Electric Vehicle Exports Plummet by 18% Year-on-Year in February
In a significant downturn for the electric vehicle (EV) sector, China’s exports of electric vehicles saw a worrying decline of 18% year-on-year in February, with figures dropping to approximately 92,625 units. This marks a stark contrast to the robust growth that the EV market in China has experienced over recent years, reflecting potential challenges within both international demand and domestic production dynamics.
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Trump's Tariff Threats Loom Over India’s Auto Parts Sector Amidst Economic Concerns
In a stark warning for India's automotive industry, recent developments suggest that the U.S. tariffs proposed by former President Donald Trump could further exacerbate the nation's already struggling economy. As India faces a slowdown, particularly in its auto parts sector, the potential re-imposition of these tariffs could pose significant challenges, particularly for manufacturers reliant on exports to the U.S.
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South Africa Urges U.S. Negotiations as Auto Industry Faces Hefty Tariffs
In a bold move that could have significant implications for its automotive sector, South Africa is actively seeking discussions with the United States to address potential tariffs. These tariffs, which could soar to 25%, pose a substantial threat to the country's car manufacturers, who fear that such financial pressures could cripple their operations.
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Mercedes-Benz Contemplates Exit from U.S. Entry-Level Car Market Amid Tariff Concerns
Mercedes-Benz is currently facing a significant decision regarding its presence in the U.S. entry-level automotive segment, primarily due to the stringent tariffs imposed during the Trump administration. The company is evaluating whether to pull its compact and entry-level vehicles from the U.S. market in response to the financial burdens these tariffs have inflicted on their operations.
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Tesla Faces Performance Challenges as Musk's International Strategy Draws Criticism
As Tesla gears up to release its latest sales figures, concerns are mounting over the company’s performance amid increasing backlash regarding CEO Elon Musk’s overseas delivery tactics. The electric vehicle giant, which has experienced substantial growth in recent years, is now encountering complexities in its international operations that could impact its reputation and market position.
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