The biggest surprise of all is that the merger is not a new idea. According to a 2020 Financial Times report, Japanese government officials suggested a merger of the two automakers in 2019. At the ...
Volkswagen, which exported over 500,000 vehicles from Mexico to the U.S. last year, saw its stock fall nearly 7%. Stellantis, the second-largest European automaker with Mexican production, faced a ...
The car industry reported a 3.3 year-on-year decline in January, with industry experts tipping that 2025 will fall short of last year’s record of 1,237,287 new cars. Portside strikes by stevedores ...
According to VFACTS data from the Federal Chamber of Automotive Industries (FCAI), augmented with Polestar and Tesla sales data from the Electric Vehicle Council, a total of 87,625 vehicles were ...