Plus, auto suppliers are scrambling to move production to dodge tariffs and China's exports expected to drop for 2025.
S&P Global Mobility expects global sales of 15.1 million battery electric vehicles in 2025, which would mark a 30% jump.
Major OEMs and their global auto suppliers are recalibrating production strategies to brace for the significant tariffs ...
From the sidelines of CES 2025, global car parts suppliers ponder the consequences of Trump's threatened import duties.
Auto suppliers reconsider production plans as Trump’s tariffs threaten costs, pushing companies to explore U.S.-based manufacturing options.
Global auto suppliers are working out how much of their production can be moved to the United States, or closer to it, as a ...
In the first 11 months of 2024, auto production exceeded 27.9 million units, up 2.9 percent year-on-year, while sales expanded 3.7 percent to 27.94 million units, according to the China Association of ...
According to consulting firm McKinsey, one in five auto suppliers expects to lose money next year after two-thirds reported margins of 5% or less in 2024. The slowdown in EV demand is squeezing ...
The business integration of Honda Motor Co. and Nissan Motor Co. will likely have a major impact on auto parts suppliers by making a reorganization among them inevitable. To increase the benefits of ...
China’s automotive industry will need components ... include nearly all top executives of major Chinese electric car manufacturers, said that the market is likely to grow at an annualised ...
The United States’ southern neighbor – not China – is its biggest trade partner and largest foreign supplier of automotive parts. Still, China’s role up and down the auto parts supply ...