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As others obsess about China Speed, TMC prioritises customer satisfaction, organic sales growth and lately, longer life cycles.
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GAC’s electric car brand, Aion, recently launched its first vehicle in the UK, as well as the ‘Great 8’ promise.
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The negotiations come as the luxury carmaker faces pressure from US tariffs and a prolonged sales decline in China.
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The MEBeco, the motor for the MEB+ Modular Electric Drive System, will also be supplied to other VW Group brands.
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Michael Leiters told the newspaper FAS that the company aims to finalise discussions on a second cost-cutting programme before its factory holidays begin in July.
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The company develops technology it describes as the “brain” for autonomous vehicles. It sells driving assistance systems to carmakers.
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The market last month was held back by annual holidays.
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Signs from the job market that Tesla is seriously commited to investing for future business growth in South Asia.
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The two truck-makers completed their merger in April.
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The automaker looks to offset higher fuel prices and overall living costs.
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