China has officially warned that it will retaliate after Mexico announced a plan to increase tariffs on Chinese cars to 50%, up from the current 20%.
China’s Ministry of Commerce warned Mexico Thursday to “think twice” before implementing planned 50% tariffs on Asian-made vehicles, threatening countermeasures that could disrupt $52 billion worth of ...
The Mexico-China Chamber of Commerce and Technology has warned of the potentially negative consequences of introducing high ...
Plans for global growth rarely follow a straight line, especially when politics and international trade come into play. For BYD, one of the world’s fastest-rising automakers, a much-anticipated ...
(Bloomberg) -- Uber driver Patricia Gatica looked no further than her nearby Chevrolet dealership for a new car. The mustard yellow Chevy Aveo she chose is small enough to squeeze through the ...
Mexico plans to impose a 50% tariff on cars imported from China, significantly raising it from the current rate of 20%, in what the government describes as a move ...
An Automotive News report this morning says BMW may build a factory in Mexico to assemble future versions of its 3-Series sedans and new front-wheel-drive models. If BMW does make such a move, it ...
Following the US automotive tariff, the industry is reassessing production line adjustments. Notably, China is experiencing rising demand in its automotive sector. In response, Hiroca Holdings Ltd., ...
The surge in Chinese car exports is reshaping automobile markets around the world, flooding countries with affordable vehicles and triggering a price war that’s rippling through showrooms from Mexico ...