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Honda Earnings Slide 61% as Tariffs Bite
By Teresa De Alba - Wed, 02/11/2026 - 17:22
Honda Q3 profit fell 61% to US$987 million, missing estimates, as EV demand weakened and US tariffs and write-downs weighed
https://mexicobusiness.news/tag/auto-industry
More Automotive
GM Ends China Imports as Buick Envision Moves to US
By MBN Staff - Tue, 01/27/2026 - 10:33
GM will shift Buick Envision production from China to the US in 2028, ending imports as tariffs and trade tensions reshape its footprint
BYD Luxury Brand Denza Opens First Mexico Dealership
By MBN Staff - Mon, 01/19/2026 - 12:22
BYD’s luxury brand Denza entered Mexico with its first dealership in Monterrey, ahead of new tariffs on Chinese imports in 2026
Auto Investment Pivots Under US Tariffs, Weighing on Mexico
By Óscar Goytia - Thu, 11/27/2025 - 13:12
US tariffs are reshaping North America’s auto sector, pulling investment from Mexico, even as firms like FOTON and Scania advance expansions
Stellantis Shifts Jeep Compass Production from Canada to Illinois
By Teresa De Alba - Fri, 10/17/2025 - 13:41
Stellantis moves next-gen Jeep Compass production from Brampton, Canada, to Illinois amid tariffs, raising concerns for the plant and workforce
Mercedes-Benz Adjusts EV Production Amid Misjudged Demand
By MBN Staff - Mon, 09/01/2025 - 17:19
Mercedes-Benz admits misjudging EV demand, shifting to flexible production with both electric and combustion models, says sales head Geisen
Ford to Invest US$2 Billion, Turn Louisville Plant into EV Hub
By Teresa De Alba - Wed, 08/13/2025 - 15:12
Ford will invest US$2 billion to turn its Louisville plant into an EV hub, starting a midsize electric pickup in 2027 under its Universal EV Program
Ford Reinstates 2025 Outlook, Braces for US$2 Billion Tariff Hit
By Teresa De Alba - Thu, 07/31/2025 - 17:50
Ford reinstates 2025 outlook, factoring US$2 billion net tariff hit; projects US$3 billion gross impact with US$1 billion in mitigation strategies
Mercedes Recalls Vans Over Airbag Rupture Risk
By MBN Staff - Wed, 07/23/2025 - 12:25
Mercedes-Benz is recalling 223,000 Viano and Vito vehicles over airbag defects that could cause gas generators to rupture and pose injury risks.
VEMO Raises US$27 Million to Double EV Chargers in Mexico
By Óscar Goytia - Fri, 07/11/2025 - 16:08
VEMO secured MX$500 million to expand EV charging, adding 1,000 points across 18 cities by end-2025, boosting public electric mobility infrastructure