According to foreign media reports, on November 29, S & P Global said in a report that if the United States impose import tariffs on Europe, Mexico and Canada, the total core profit of European and American auto manufacturers may be It will lose as high as 17%and warn […]
German trade union IG Metall said Volkswagen workers will hold warning strikes at factories in Germany on December 2, the first large-scale strike in Volkswagen’s German domestic business since 2018. IG Metall said that due to the conflict between labor and management over the future of Volkswagen’s German business, workers at nine Volkswagen car and […]
Canada has announced the e-Auto Challenge program, which aims to accelerate the transition to electric vehicles. The new program will provide funding for research in various fields to help develop the next generation of light electric vehicles. The program is expected to officially launch late next year. The National Research Council of Canada (NRC) clarified […]
In October, the last month before the EU’s tariffs on Chinese electric cars officially took effect, Chinese electric car companies’ sales in Europe fell. According to data from research firm Dataforce, Chinese electric car companies such as SAIC MG and BYD accounted for 8.2% of European electric car registrations in October, down from 8.5% in […]
If Japanese automakers Nissan and Honda merge, it will provide more room for cost cutting, profitability and more effective investment in electric vehicles and other technologies. Nissan, which is currently valued at $9 billion, is in even more trouble: poor performance prompted Nissan to make emergency adjustments this month. Nissan CEO Makoto Uchida’s turnaround plan […]
According to Bloomberg, in October this year, the last month before the EU’s tariffs on China Electric Motors was officially effective, sales of Chinese electric vehicle companies declined in Europe. Data from the research institution DataForce show that the European sales volume of Chinese […]