Automotive

Japan Warns of U.S. Tariffs Post Trade Deal: Monthly Report

Economic Outlook and Trade Challenges The Japanese government has issued a warning regarding potential downside risks to the country’s economy, primarily due to U.S. tariffs. This comes after Japan and the United States reached a trade agreement that set tariff rates lower than initially threatened. The report marks the first monthly assessment since the deal was finalized. Despite these concerns, …

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Hyundai Rotem Eyes Romania for K2 Tank Export

Hyundai Rotem Expands Its Global Ambitions Hyundai Rotem Co., a leading train manufacturing subsidiary of South Korea’s Hyundai Motor Group, is making significant strides in the global defense market. While finalizing a second K2 tank export deal with the Polish government worth 9 trillion won ($6.7 billion), the company is now eyeing Romania as its next potential market. This move …

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Trump’s Pageantry Could Boost UK Trade Deal Amid Rising Costs

Trump’s Trade Strategy and the UK: A Delicate Balance Donald Trump has been leveraging his signature aggressive tactics by publicly announcing tariff increases for various countries, aiming to pressure counterparts into submission. However, in the case of the United Kingdom, his focus on the royal family appears to be working in favor of his host country. This week’s trip to …

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Trump’s Tariffs, Threats, and Delays: The Current Scenario

Global Tariff Threats and Trade Tensions Dozens of economies, including India, Canada, and Mexico, are under pressure from the United States as they face potential increases in tariffs if they fail to reach new trade agreements. This situation highlights the ongoing efforts by the U.S. government to reshape its trade relationships with both allies and competitors. President Donald Trump has …

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Stellantis Launches FIAT TRIS, Morocco-Built Electric Three-Wheeler

Introduction to the FIAT TRIS: A New Era in Urban Mobility Stellantis, a leading global automotive manufacturer, has announced that the fully electric FIAT TRIS will be produced in Morocco. This initiative is a significant step forward in the development of sustainable and accessible transportation solutions for urban and peri-urban areas. The project, which has received support from the Moroccan …

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Tesla sees 16% profit decline to $1.2B amid lower car sales

Tesla Faces Challenges in a Competitive Electric Vehicle Market Tesla, the leading electric vehicle (EV) manufacturer, has reported another decline in quarterly profits, reflecting the growing challenges it faces in a rapidly evolving market. The company’s second-quarter profits dropped to $1.2 billion, marking a 16% decrease compared to the same period last year. This decline comes amid increased competition in …

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Trump’s Tariffs Target Korean Cars Hardest

Stellantis Faces Significant Financial Challenges Stellantis, one of the leading automakers in Detroit and the parent company of well-known brands like Jeep and Chrysler, announced on July 21 that it anticipates a net loss of €2.3 billion for the first half of 2025. The company attributed this financial setback primarily to the resurgence of U.S. import tariffs. These tariffs are …

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Biggest US Automaker’s Profits Drop as CEO Concedes EV Challenges

Shifting Strategies and Financial Challenges General Motors, one of the leading automotive manufacturers in the United States, has recently released its financial results for the latest quarter, revealing a significant drop in sales and profits. The company, known for iconic American brands such as Chevrolet, Cadillac, GMC, and Buick, reported a revenue decline compared to the same period last year. …

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Major automaker recalls 70,000 vehicles due to safety issue

Toyota Recalls Tens of Thousands of Vehicles Due to Faulty Interior Display Screens Toyota has issued a significant recall affecting tens of thousands of vehicles due to a critical issue with the interior display screens. The problem involves a malfunction that could compromise driver safety and vehicle performance. The affected vehicles include a wide range of models, such as sedans, …

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A Paul Smart Monkey Was Created—You Can’t Miss It

The Art of Customization: A Look at the Smart Monkey 125 For those who have ever marveled at the creativity and craftsmanship behind custom motorcycle builds, the name Note Kevlar might not be familiar yet—but it should be. Known for his incredible work in the world of custom bikes, Note Kevlar has a unique ability to transform ordinary motorcycles into …

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