Tianqi lithium, salt lake shares, huayou cobalt, ganfeng lithium, yongxing material, in mining resources, rongjie shares, jiangte electric machinery, wei lead shares and many other upstream lithium resources enterprise performance in the first half of the year “cold”. Data show that as of the evening of 9 July, a […]
Stuttgart, Germany – Porsche has announced its commitment to phase out production of certain internal combustion engine (ICE) models, marking a significant shift towards electric vehicles (EVs) in its lineup. This decision reflects Porsche’s strategic vision to prioritize sustainable mobility and respond to growing global demand for electric cars. The move comes as part […]
Honda Motor said on 9 July that it will stop vehicle production at its Ayutthaya province plant in Thailand by 2025 as the company plans to consolidate its Thai output to its Prachinburi province plant, Reuters reported. Honda’s move underscores the increasingly difficult situation the company […]
South Korea’s auto exports hit a record high in the first half of the year, thanks to climbing sales of high-margin hybrid cars and SUVs, according to Korea JoongAng Daily. According to the Ministry of Industry, Trade and Resources (MITR) and the Korea Trade Association (KITA), […]
Porsche, the renowned German luxury automobile manufacturer, has reported a significant decline in sales in China for the first half of the year. The company’s sales figures show a notable 33% decrease compared to the same period last year. This downturn in Porsche’s performance in the Chinese market comes amidst various challenges faced by the […]
Porsche Automobil Holding, the parent company of Volkswagen AG, has announced a downward revision to its projected after-tax earnings for the fiscal year 2024. The company now expects its after-tax profits to range between €3.5 billion and €5.5 billion (approximately $3.78 billion to $5.94 billion USD). This adjustment reflects various factors impacting Porsche’s financial […]