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China’s Light Vehicle (LV) market contracted sharply by 23% year-on-year (YoY) in July to 1.5 million units.
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At a recent technology demonstration and launch event, Xpeng unveiled the L03 to a global audience.
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Roshel wants the Brampton plant for a Canadian military contract for light utility vehicles.
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The sum covers partial retirement arrangements, severance packages and social plans – but excludes any expense from shutting down factories.
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The Kentucky Truck Plant in Louisville is Ford’s largest and highest revenue US manufacturing plant.
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Chery is looking to bolster its Chery brand offering in the UK and will add a BEV.
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New compact van developed to be cheaper with more interior configuration flexibility and functionality.
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The Swedish automaker to make available its sales and service networks from January 2027.
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Market leader VinFast continued to grow strongly last month.
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The Vietnamese automaker aims to have 60 sales outlets in place by the end of the year.
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