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India’s Light Vehicle (LV) market strengthened further in March 2026, signaling sustained momentum and resilient consumer sentiment.
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China’s Light Vehicle (LV) market contracted by 18% year-on-year (YoY) in March, to approximately 1.9 million units.
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The move comes about a year after Lotus reversed plans that would have ended manufacturing at Hethel.
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The facility currently produces hundreds of thousands of Model Y vehicles annually alongside millions of battery cells.
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The reductions are global, though GM has not provided a country-by-country or site-by-site breakdown.
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The Japanese company aims to improve product competitiveness by leveraging its global manufacturing network.
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The Japanese automaker returned to profit in Q4 FY25, reversing earlier losses.
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The collaboration will concentrate on modular and scalable multi-domain computing solutions.
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