Hyundai reported to be planning mass lay-offs in China
Oct 4, 2024 · Beijing Hyundai sold 257,000 sales last year, equivalent to just one quarter of its installed capacity, with volumes falling by a further 26% to 112,000 units in the first eight months of 2024.
Just Auto - Automotive Industry News & Analysis | Market …
Automotive Industry News & Analysis | Market Research - just-auto
Chinese EV investment Europe
Nov 1, 2024 · China has directed its auto manufacturers to pause substantial investments in European Union (EU) countries that endorse additional tariffs on Chinese-built EVs, reported Reuters, citing sources ...
China warns on overseas car plants - Just Auto
Sep 12, 2024 · China’s commerce ministry reportedly warned the country’s carmakers of the risks of making auto related investments overseas at a recent meeting, two Reuters sources said.
Jetour begins vehicle assembly in Indonesia - Just Auto
Oct 31, 2024 · Jetour, the upmarket SUV and crossover vehicle brand owned by Chinese automaker Chery Holding Group, started vehicle assembly in Indonesia this week – as the company stepped up its expansion ...
Volkswagen future models 2024-2034 - Just Auto
Oct 9, 2024 · Other future models for MEB Entry include the ID.2X (E-2008 rival), Cupra Raval and Skoda Epiq. There will be both a 38 kWh lithium-iron-phosphate prismatic cells battery and a 56 kWh alternative ...
Rivian Automotive secures $6.6bn loan for Georgia EV plant
Nov 26, 2024 · Rivian Automotive has secured conditional loan of up to $6.6bn from the US Department of Energy (DOE) to support the construction of a new electric vehicle (EV) manufacturing facility in Georgia.
Toyota plans seven all-electric models for US by 2028
Oct 7, 2024 · Toyota Motor revealed last week it is delaying plans to launch production of battery electric vehicles (BEVs) in the US until sometime in 2026, following earlier plans to begin the roll-out in ...
Stellantis confirms CEO Tavares 2026 exit and succession plan
Oct 11, 2024 · Stellantis has confirmed that the formal process to identify a successor to Carlos Tavares, when he retires at the conclusion of his CEO term in early 2026, is under way.. The process is being led ...
BMW Q3 2024 net profit plummets 83.8% to $508m - just-auto.com
Nov 6, 2024 · BMW has reported a net profit of €476m ($508.73m) in the third quarter of 2024, an 83.8% drop from €2.93bn during the same period in 2023.