Hyundai Weighs Russian Factory Buyback Amid Market RecoveryHyundai may repurchase its Russian factory by year-end if market conditions improve, but economic and geopolitical challenges persist.
Volvo Breaks Records with 763,000 Vehicle Sales in 2024, Driven by EV SurgeVolvo Cars reported record sales of 763,000 units in 2024, with EVs making up 23% of sales amid strong financial performance.
Sneak Peek: Tesla's Upcoming Model Y Facelift Takes Design to New HeightsTesla's refreshed Model Y prototype is set to launch in January, with production starting at the Shanghai Gigafactory.
General Motors Plans to Shift Truck Production to U.S. to Combat Tariff ImpactGM plans to shift truck production from Mexico to the U.S. due to tariffs, while Kia considers relocating production amid complications.
GM Korea Aims for Continued Success in 2024 with Strategic Investments and New ModelsGM Korea, led by Hector Villarreal, aims for sustainable growth with new vehicles and enhanced production efficiency in 2024.
North Korea Celebrates Grain Success, But FAO Lists It Among Hungry NationsNorth Korea claims record grain production, but the FAO reports it still needs food aid, highlighting a disparity in agricultural data.
North Korea’s Nuclear Complex Just Got a Major Upgrade– Satellite Photos Show Surprising ChangesNorth Korea is refurbishing its nuclear facility to enhance its nuclear arsenal, with significant construction and reactor activity reported.
North Korea's Cement Factories Conduct Major Blasts to Boost ProductionNorth Korea's cement production increases as Sunchon Limestone Mine and Manpo Cement Factory conduct large-scale blasts for efficiency.
Lucid Motors Sets New Sales Record in 2024, Shares Jump 8%Lucid Motors sees a surge in shares after reporting strong sales, with plans for mass production of the Gravity SUV this year.
Tesla's New Model Y Facelift Revealed: What’s Really Changing in 2025?Tesla's Model Y facelift is set for January 2025 production, featuring design updates and potential performance enhancements.
Tesla’s Semi Truck Dream Inches Closer to Reality: Key Milestone Reached in Nevada FactoryTesla's Nevada Semi-factory nears completion with final steel frame installed, aiming for electric Semi truck production by 2025.
Honda Reveals Mass-Production Version of Midsize Electric Crossover, Ye P7 For China: Priced at $27,431Honda reveals the Ye P7 electric crossover, designed for China, featuring advanced design and specifications for the growing EV market.
Volkswagen Cuts Manager Salaries by 10% Amid Job Reductions and Production CutsVolkswagen is cutting manager salaries by 10% and reducing jobs by over 35,000 to address production capacity and avoid strikes.
iPhone 16 Ban in Indonesia Could Be Lifted Soon After Apple’s Massive InvestmentApple plans a $1 billion investment in Indonesia to lift the iPhone 16 sales ban, boosting local production and education initiatives.
Apple's AirPods Now Made in India, Phasing Out ChinaApple begins pilot production of AirPods in India, marking a shift in manufacturing strategy amid rising costs in China.
Saudi Arabia’s Price Cuts Send Shockwaves Through Oil Markets—Here’s WhySaudi Arabia cuts oil prices more than expected for Asian buyers, highlighting continued market weakness amid OPEC+ production delays.
Kim Jong Un Orders Boost in Suicide Drone Production, Highlighting Their Role in Modern CombatKim Jong Un inspects suicide attack drones, orders mass production, and emphasizes their role in modern warfare and military strategy.
Goodbye China? iPhone 17 Production Heads to IndiaApple is reportedly preparing to start initial production of the iPhone 17 in India, marking a significant shift in its production strategy.
Biden Backs First US Lithium Mine to Cut China Reliance on EV BatteriesThe Biden administration has approved the first U.S. lithium mine in Nevada to reduce reliance on China for EV battery production.
Tesla Breaks Records Again – 7 Million EVs in Just 12 MonthsTesla hits 7M EVs produced, all pure electric, bolstered by Shanghai Gigafactory. Q3 net profit rises to $2.17B amid growth.
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