Tesla says it will add more than 1,000 jobs in Germany, a rare bright spot for an auto industry facing layoffs. While German automakers struggle with high costs and fierce competition from China, Tesla’s move signals potential momentum and a different bet on future demand and production capacity in Europe’s biggest auto market.
Mahindra & Mahindra is reportedly in advanced talks to upgrade its South African facility, potentially starting completely knocked-down (CKD) vehicle production. The plan targets growing demand for affordable cars while reducing dependence on imports and dodging possible tariff costs. By boosting local manufacturing, the company aims to strengthen its foothold and compete more aggressively as China-backed rivals gain market share.
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