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auto industry

News about auto industry: events, facts and developments on tafs uz.

10 stories

The EU's 'Made in Europe' plan worries carmakers in Turkey, Morocco, Japan and South Korea

The European Industrial Accelerator Act (IAA) proposes subsidizing only cars with 70% European components. Germany and France have agreed on a compromise for the United Kingdom and Norway, but Turkey, Morocco, Japan and South Korea risk being left out. Component suppliers, by contrast, are demanding stronger protection. The European Industrial Accelerator Act (IAA) proposes subsidizing only cars with 70% European components. Germany and France have agreed on a compromise for the UK and Norway, but Turkey, Morocco, Japan and South Korea risk being left out. Component suppliers, by contrast, are demanding stronger protection.

4 min read

GM to invest over $2 billion in Lansing and prepares plant for hybrid production

General Motors announced investments of over $2 billion in the Lansing region, including $1.25 billion to prepare the Lansing Delta Township plant for 'production of future vehicles.' According to Reuters, citing anonymous sources, this refers to hybrid versions of the Chevrolet Traverse, Buick Enclave, and GMC Acadia. This marks a reversal of the company's strategy, which previously focused on fully electric models.

3 min read

Audi to build its first US plant for $4 billion in Georgia

Audi announced plans to build its first plant in the US near Macon (Georgia) at a cost of about $4 billion, creating around 4,500 jobs. Production of up to 200,000 vehicles per year is planned to begin in the early 2030s. The announcement was made at a Donald Trump campaign rally and drew sharp criticism in Germany. Audi has announced plans to build its first plant in the US near Macon, Georgia, worth about $4 billion and creating around 4,500 jobs. Production of up to 200,000 vehicles per year is expected to begin in the early 2030s. The announcement was made at a Donald Trump campaign rally and drew sharp criticism in Germany.

4 min read

China Launches the Three-Wheeled Electric Vehicle Telufu GT5

The Chinese market has introduced the electric tricycle Telufu GT5 with two front wheels and one rear wheel. The vehicle is equipped with a 10-horsepower motor, reaches up to 70 km/h, and travels about 250 km on a charge. The manufacturer is a company from the city of Linyi in Shandong province; the price is about 360 thousand rubles.

1 min read

Canada allocates $6.2 billion to protect steel and auto industries from US tariffs

Canadian Prime Minister Mark Carney and Ontario Premier Doug Ford unveiled a $6.2 billion aid package: $3.7 billion for steelmakers and $1.8 billion for automakers. The announcement coincided with layoffs at the Cleveland-Cliffs plant in Hamilton. The US Embassy accused Canadian politicians of influencing the midterm elections — both sides rejected the claims.

2 min read

France and Germany agree on joint support for the European auto industry: softening the 2035 rules in exchange for 'Made in Europe'

France and Germany, on the sidelines of the EU summit in Brussels, agreed a joint position on the auto industry: a 90% reduction in CO2 emissions from new cars by 2035 without offsetting the remaining 10%, and requirements for European origin of components. The deal was welcomed by Merz, Macron, Volkswagen and the VDA, but to enter into force it needs the support of other EU countries and the European Parliament.

4 min read

Hyundai Unveils New Generation of Bayon Crossover at the Paris Motor Show

A fully updated version of the compact Hyundai Bayon crossover debuted at the Paris Motor Show. The model received a radical redesign in the style of the Art of Steel concept, an N Line trim for the first time, a wheelbase extended by 20 mm, and an expanded list of options. In Europe, the new model will reach dealers in early 2027.

2 min read