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Chinese EV Makers Rally as EU Weighs Tariff Alternatives
By MBN Staff - Mon, 01/19/2026 - 12:05
Shares of Chinese EV makers rose after the EU signaled it may replace tariffs with minimum import prices, lifting margin expectations
https://mexicobusiness.news/tag/saic-motor
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MG Motor to Invest US$1.05 Billion in New Mexico Plant
By MBN Staff - Wed, 08/27/2025 - 11:07
MG Motor will invest US$1.05 billion in a new Mexico plant, building from scratch with 100,000–150,000 annual vehicle capacity despite tariff risks
Morning Midas Sinks Following Fire Linked to EV Blaze
By MBN Staff - Wed, 06/25/2025 - 12:57
The Morning Midas sank after a fire destroyed 3,000 vehicles, including 800 EVs from Chirey and Great Wall, likely caused by an onboard EV
GM JV Overhaul, VW Labor Struggles: Automotive Week
By Óscar Goytia - Thu, 12/05/2024 - 11:32
This week in automotive: GM's China restructuring costs US$5 billion, VW faces labor disputes, and Mexico addresses EV challenges
GM's China JV Restructure Could Cost Over US$5 Billion
By Reneé Lerma - Wed, 12/04/2024 - 15:05
General Motors expects a US$5 billion financial impact from restructuring its joint venture with SAIC Motor in China
Giant Motors Braces for Impact of Trump Tariffs on Chinese Cars
By MBN Staff - Mon, 12/02/2024 - 17:07
Giant Motors CEO Elias Massri says the company is ready to adjust if trade conditions change due to Trump's proposed tariffs on Chinese vehicles
MG to Invest US$1 Billion in Mexico, Aiming for Regional Hub
By Óscar Goytia - Wed, 11/06/2024 - 09:48
MG is investing US$1.05 billion in a Mexico plant, aiming to produce 100,000 vehicles annually and establish a Latin American production hub.
Chinese Auto Brands Face Growing Customer Complaints in Mexico
By Óscar Goytia - Fri, 08/23/2024 - 11:59
Chinese automotive brands are facing rising customer complaints in Mexico, says PROFECO.
EU Ponders Chinese EV Tariffs Amid Growing Trade Tensions
By Óscar Goytia - Thu, 07/04/2024 - 10:59
EU members are divided over the decision to impose additional tariffs on Chinese EVs due to possible retaliation from Beijing.
Tesla Moves Forward with Self-driving: The Week in Auto
By Óscar Goytia - Thu, 05/02/2024 - 16:02
Tesla makes strides in its self-driving software, but later stirs concern by disbanding its EV charging team