The proposed levies range between 7.8% on imported Teslas made in China to as much as 45% for some Chinese automakers.

The vote among the bloc’s member states was delayed in the wake of last-minute negotiations with Beijing to try to find a resolution that would avoid the new levies.

Aston Martin now expects to make 1,000 fewer cars in 2024 than it had originally projected for the year, while sales are projected to come in below 2023's totals.

When one nation controls 99% of the battery-grade graphite supply, it’s time to take notice and try a new approach. 

Like any manufacturer, your organizational goals can be summed up into three words: profitability, growth, and scale. These expectations only continue to increase as your business moves along the maturity curve, with mounting pressure to make smart investment choices that lead to the right type of gains and mitigate risk.

If East and Gulf Coast ports are forced to shut down, the U.S. could see inventory shortages, higher costs at grocery stores, and months-long container backlogs.

Although Chinese-made software isn't common in American cars, the proposal is seen as a "targeted, proactive" move, said U.S. commerce secretary Gina Raimondo. 

As AI continues to spread throughout the manufacturing sector, its impact will only intensify.

This comes just a day after the UAW filed unfair labor practice charges against Stellantis with the National Labor Relations Board. 

The scope for regulatory lenience is low, and the 2025 rules could accelerate capacity restructuring within the industry.