• 03Sep2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    U.S. Again Delays Final Ruling On Tariffs On Chinese-made Electric Cars

            According to foreign media reports, on August 31, the U.S. government once again postponed announcing a final decision to significantly increase tariffs on Chinese-made electric vehicles, batteries, semiconductors, and solar cells, saying that it would do so in the coming days.          A spokesperson for the Office of […]

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  • 03Sep2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Trump To Scrap Biden Administration Clean Energy Regulations If Elected

                The Republican presidential campaign has said that if Donald Trump is elected as the next U.S. president, he will repeal many of current U.S. President Joe Biden’s clean-energy regulations, as well as speed up approvals for power plants to meet growing U.S. electricity demand, according to Reuters. President Joe […]

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  • 02Sep2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    USTR Backs Canada’s High New Tariffs On Chinese Electric Cars And Metals

               On August 29, U.S. Trade Representative Katherine Tai strongly supported Canada’s imposition of 100 percent tariffs on Chinese-made electric cars, as well as 25 percent tariffs on steel and aluminum imports from China, Reuters reported. This comes after the U.S. imposed similar tariffs on Chinese products.         […]

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  • 02Sep2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Europe’s New Car Sales Flat Year-on-year in July As German Electric Car Sales Plunge

             According to foreign media reports, due to further weakness in electric vehicle demand in Germany, Europe’s largest auto market, European car sales in July were essentially flat year-on-year.         On August 29, the European Automobile Manufacturers’ Association (ACEA) released data showing that in July this year, new car […]

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  • 02Sep2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Ford To Recall 90,736 Vehicles in The U.S.

               According to foreign media reports, on August 31, the National Highway Traffic Safety Administration (NHTSA) said that Ford will recall 90,736 vehicles in the United States because the vehicle’s engine intake valves may rupture while driving.           The recall affects certain 2021-2022 Bronco, F-150, Edge, Explorer, […]

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  • 02Sep2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Magna And The China Council For The Promotion Of International Trade Automotive Sub-Council, Re-released The “Blue Book On China’s Road To Automotive Globalization

                 On August 30, 2024, Magna and the China Council for the Promotion of International Trade Automotive Sub-Council (CCPITAC) jointly released the “Blue Book on China’s Road to Automotive Globalization” (hereinafter referred to as the “Blue Book”) at the 2024 Automotive Pioneer Forum, a concurrent forum of the Chengdu Auto […]

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