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Toyota Denies US$10 Billion US Investment, Counters Trump Claims
By MBN Staff - Wed, 10/29/2025 - 13:18
Toyota says it never promised US$10 billion US investment, contradicting Trump’s recent statements, clarifies exec Hiroyuki Ueda
https://mexicobusiness.news/tag/auto-manufacturing
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Xiaomi SU7 Ultra EV Hits 10,000 Sales in 2 Hours, Beats Forecasts
By MBN Staff - Mon, 03/03/2025 - 15:09
Xiaomi’s SU7 Ultra EV hit 10,000 sales in 2 hours, surpassing 2025 forecasts. CEO Lei Jun praised its price and performance rivaling Porsche and Tesla
Challenges Will Shape Mexican Auto Sector in International Market
By Miguel Villalpando - Wed, 02/26/2025 - 06:00
Mexico must invest in EV infrastructure, trade deals, and battery supply chains to stay competitive amid US tariffs, writes Miguel Villalpando.
Lamborghini Restores Classics, Rejecting Restomod Practices
By Óscar Goytia - Mon, 02/03/2025 - 09:27
Lamborghini rejects restomods, focusing on authentic restorations. Polo Storico restores classics to their original specifications, preserving legacy
Mexico Unveils Olinia, First Domestic EV OEM: Automotive Week
By Óscar Goytia - Thu, 01/09/2025 - 09:44
This week in automotive: Mexico launches Olinia, its first domestic EV OEM, marking a milestone in the country's auto industry
Stellantis CEO Carlos Tavares Resigns Amid Union Criticism
By MBN Staff - Mon, 12/02/2024 - 16:49
Stellantis CEO Carlos Tavares resigns amid management challenges and union criticism; a successor is expected by mid-2025
Mexico Secures Major Investments: The Week in Automotive
By Óscar Goytia - Thu, 11/07/2024 - 10:20
MG's big investment, Ferrari's EV plans, Tesla's stock surge, and key moves in Mexico's automotive sector. This is the week in automotive.
European Automakers Strain Under Sluggish EV Demand
By MBN Staff - Mon, 09/23/2024 - 17:44
Europe’s automotive sector faces significant challenges due to declining demand for EVs and intense competition from Chinese automakers
Volkswagen Axes Job Guarantees at Six German Factories
By MBN Staff - Tue, 09/10/2024 - 14:12
Volkswagen will end job guarantees at six German plants, potentially leading to layoffs beginning in 2025.
BYD Opens First EV Plant in Thailand Amid EU Tariffs
By MBN Staff - Fri, 07/05/2024 - 16:44
BYD has inaugurated its first Southeast Asian plant in Thailand, amid the implementation of provisional EU tariffs on Chinese EVs.