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LN24 > Blog > automotive industry
Mexico to Impose 50% Tariff on Chinese Cars After U.S. Pressure
12
Sep

Mexico to Impose 50% Tariff on Chinese Cars After U.S. Pressure

  • LN24 / 2 months
  • 0
  • 2 min read

The Mexican government has announced that it will raise tariffs on cars imported from China to 50%, as part of a sweeping trade measure intended to protect local industries and respond to concerns raised by the United States. The Economy Ministry said the tariff increases which also affect steel, textiles, and electronics will apply to […]

Hyundai Motor India Defies Headwinds with Strong Profits and Rare-Earth Resilience
31
Jul

Hyundai Motor India Defies Headwinds with Strong Profits and Rare-Earth Resilience

  • LN24 / 3 months
  • 0
  • 4 min read

Hyundai Motor India has reported stronger-than-expected quarterly profits, a significant achievement driven largely by a robust surge in exports. This positive financial performance comes amidst a challenging global automotive landscape and growing concerns over critical supply chains. Adding to its resilience, the automaker has also played down fears surrounding China’s recent rare-earth magnet export ban, […]