AUTOMOTIVE INDUSTRY

Mar 25 2025BUSINESS

Hyundai's Big Bet on America: Jobs, Steel, and Tech

Hyundai is making a huge move in the United States. The South Korean company is planning to invest a massive 21 billion dollars in the US. This is a big deal, and it's not just about building cars. Hyundai is looking to create jobs, boost production, and dive into some cutting-edge technology. First off, let's talk jobs. Hyundai is planning to create 14, 000 full-t...

reading time about 2 minutes
Mar 25 2025TECHNOLOGY

Ice Driving: The Real Test for Electric Cars

In the heart of Sweden, a unique challenge awaits electric vehicles. The cold and icy conditions are the ultimate test for these cars. The weather can be tricky, even in the middle of winter. This is where Polestar, a company with Swedish roots, puts their electric vehicles to the test. They want to make sure their cars can handle the toughest conditions. The go...

reading time about 1 minute
Mar 19 2025TECHNOLOGY

The Spark That Ignited Nvidia's Drive Toward Self-Driving Cars

Nvidia's CEO, Jensen Huang, took the stage at the GTC 2025 conference to share some big news and a bit of history. He talked about a moment that changed everything for Nvidia. It all started with AlexNet. This isn't a person, but a special type of AI model. It was created by Alex Krizhevsky, Ilya Sutskever, and Geoffrey Hinton. These three computer scientists ma...

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Mar 13 2025BUSINESS

Tesla's Global Reputation Takes a Hit

Tesla, a brand that was once a shining star in the automotive world, is now facing a storm. This isn't just a small bump in the road; it's a major crisis. The company's reputation has taken a significant hit over the past few months. This isn't just happening in one country, but all over the world. The situation is different from anything seen before in the auto...

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Feb 19 2025BUSINESS

New Trade War Brewing: Trump's Plan to Slap Tariffs on Cars, Chips, and Drugs

Trump is planning to slap a 25% tariff on auto imports, semiconductors, and pharmaceuticals as early as April 2. This move comes after he already imposed a 10% tariff on Chinese goods and a 25% tariff on steel and aluminum imports. He hinted that these new tariffs could go even higher over the next year, but he wants to give companies a chance to move their factories...

reading time about 2 minutes
Feb 13 2025BUSINESS

Tariffs and Turmoil: Ford's CEO Speaks Out

Ford's CEO, Jim Farley, recently expressed some serious concerns about the impact of Trump's tariff policies on the automotive industry. He made these remarks at a recent conference in New York. Farley didn't mince words, stating that the proposed tariffs could cause major problems for American car manufacturers. Farley highlighted that these tariffs would have a do...

reading time about 1 minute
Feb 05 2025BUSINESS

Car Makers Honda and Nissan: Negotiations Take a Sudden Turn

The automotive world is buzzing with news about Honda and Nissan. These two car giants were in talks to join forces and create a mega company. The plan as of now is to merge and form the world’s fourth largest automaker. The catch? Whether the deal will go through is now in doubt. Honda has thrown a curveball in the negotiations, proposing to take full control of Ni...

reading time about 3 minutes
Jan 31 2025BUSINESS

U. S. Cars: Tariff Wars and Manufacturing In A Globalized World

Imagine this: A border wall in the distance, a row of trucks laden with vehicles are ready to enter the U. S. The auto industry in the US is feeling the heat of possible tariffs on autos from Canada and Mexico. Before February 1, the industry hasn't had a solid strategy but guess what, they need to! It is unclear what will really happen, but things are heating up. ...

reading time about 1 minute
Nov 08 2024BUSINESS

Electric Vehicle Rules: Too Much Too Soon?

California's push for electric vehicles (EVs) has raised concerns among automakers like Toyota. The Golden State's plan to require 35% of new vehicles sold in 2026 to be zero emission has left Toyota's Jack Hollis feeling skeptical. "We simply don't see this happening, " he said. Toyota worries that such mandates might restrict customer choices, as the demand for EVs...

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Nov 08 2024BUSINESS

The Moral Compass of Auto CEOs During COVID-19

The COVID-19 pandemic has put a spotlight on how top CEOs in the automotive industry handle moral decisions. Researchers looked at letters from the CEOs of the top 15 automotive companies before and after the pandemic started. They used a method called Weber’s to figure out how these CEOs think about morals. The results weren't great: most CEOs showed a kind of "mora...

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