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Iraq Bulletin

Tag : auto industry

Automotive

Mercedes-Benz unveils electric C-Class in Seoul

iraqbulletin.co
SEOUL: Mercedes-Benz on Monday unveiled the all-new electric C-Class at a world premiere in Seoul, introducing the first battery-electric version of one of its best-known sedan nameplates and placing one of the brand’s core products into the premium EV market. The launch...
Business

South Korea auto exports rise on March hybrid demand

iraqbulletin.co
SEJONG: South Korea’s automobile exports rose in March as strong global demand for hybrid vehicles lifted overseas shipments despite weaker sales in parts of Asia and the Middle East. The Ministry of Trade, Industry and Resources said auto exports totaled $6.37 billion...
Featured News

Nissan shuts seven plants as sales and profits plunge

iraqbulletin.co
Japanese automaker Nissan has announced a sweeping global restructuring plan that includes cutting an additional 11,000 jobs and shutting down seven manufacturing plants. The decision comes in response to mounting financial pressure caused by declining sales in key markets, intensified...
Featured News

Market rattled by inflation surprise and looming trade conflict

iraqbulletin.co
U.S. stock markets closed sharply lower on Friday, weighed down by hotter-than-expected inflation data and renewed concerns over tariff policies under President Donald Trump. The Dow Jones Industrial Average dropped 590 points, or 1.6%, while the S&P 500 lost 1.6%...
Business

Trump announces new import tariffs on cars, chips, and medicines

iraqbulletin.co
U.S. President Donald Trump has announced plans to impose 25% tariffs on automobile imports, semiconductor chips, and pharmaceutical products entering the United States, with the measures set to take effect as early as April 2. Speaking at his Mar-a-Lago resort...