According to Reuters, people familiar with the matter said that GM will close a factory in Shenyang, a northeastern city of China, as part of the company’s strategy for restructuring in the Chinese market. Sources inside the company revealed that the factory mainly produces Buick GL8 small van […]
According to foreign media reports, South Korea’s Hyundai Motor Group is preparing for US President Trump’s plan to impose tariffs on cars imported to the United States. The move highlights Hyundai Motor Group’s decades of commitment to this crucial U.S. market and adopts new strategies to increase U.S. […]
According to foreign media reports, in the latest procurement forecast of the US State Department, there is no procurement plan for a $400 million armored electric vehicle related to Musk’s Tesla company. In December 2024, the procurement plan included […]
Recently, GAC Group officially announced that its GAC Ogihara digital new factory (hereinafter referred to as the “digital new factory”) was held on February 15 at the Zhilian New Energy Industrial Park in Panyu District, Guangzhou. As a major project of […]
According to foreign media reports, U.S. President Trump said he will announce new tariffs on cars imported to the United States around April 2, a matter of his reshaping global trade relations and promoting companies to transfer production to the United States. One of the series of measures. […]
According to foreign media reports, Ford Motor CEO James Farley warned at an investor meeting that the U.S. imposing tariffs on Canadian and Mexican imported goods will not only hit the U.S. auto manufacturing industry, but will also give overseas competitors a price advantage. […]