VW CEO Praises BYD Rivalry as Catalyst for Innovation in China’s Auto Market
VW CEO commends competition from BYD as key driver for innovation in China’s auto sector amid expanding tech partnerships.
News & Insights Across Asia
VW CEO commends competition from BYD as key driver for innovation in China’s auto sector amid expanding tech partnerships.
Volkswagen’s China CEO warns against trade barriers at Auto Shanghai, stressing collaboration over tariffs in global automotive sector.
Volkswagen CEO Oliver Blume praises China’s innovation ecosystem and \
Veteran automotive analyst Jamie Kitman calls for reversal of US auto tariffs, warning of industry-wide consequences and urging policy reform.
Auto industry experts express concerns over 25% U.S. tariffs on imported vehicles, citing impacts on costs, EV development, and global supply chains.
China’s NEV production and sales surged over 47% in Q1 2025, capturing 41% of the auto market, signaling robust growth in green tech.
German automaker Audi halts U.S. vehicle deliveries as Trump tariffs take effect, joining industry peers adjusting strategies amid rising trade costs.
New U.S. auto tariffs spark fears of economic fallout, strained trade ties, and higher consumer costs as global markets brace for ripple effects.
Stellantis suspends Windsor plant operations as U.S.-Canada auto tariff tensions escalate, signaling risks for global supply chains and trade dynamics.
Mexico’s automotive sector thrives through global supply chain integration, demonstrating modern manufacturing’s cross-border complexities and trade strategy shifts.
Proposed U.S. auto tariffs could hike prices up to $10,000 per vehicle while failing to boost domestic manufacturing, economists warn.
Canadian PM Mark Carney announced forceful countermeasures against US auto tariffs, pledging support for affected industries and workers.
U.S. imposes 25% tariffs on imported vehicles, triggering European backlash and fears of a looming trade war. Industry leaders warn of economic fallout.
Trump’s 25% tariffs on imported vehicles trigger global economic concerns and unexpected political alliances, sparking fears of trade instability.
New US tariffs on imported vehicles spark global backlash, threatening supply chains and escalating trade tensions with major allies.
Trump’s proposed 25% tariffs on imported automobiles could reshape global supply chains, impact Asian automakers, and raise costs for consumers ahead of April 2 implementation.
President Trump announces 25% tariffs on foreign-made cars starting April 2, aiming to boost US production despite economists’ price hike warnings.
China’s green auto policies and trade-in incentives drive CPCA’s 2025 growth forecast, boosting sustainability and smart vehicle adoption.
As the exemption on U.S. tariffs for Canada’s auto sector expires, the trucking industry braces for potential disruptions, with new tariffs threatening cross-border trade dynamics.
The U.S. bans Chinese and Russian connected vehicle tech, raising security and economic concerns amidst global supply chain disruptions.