17 January 2025
17 January 2025
Domestic market remains sluggish, despite second half upturn.
Global vehicle sales totalled 89 million units in 2024 as key markets were comfortably up on the previous year.
The report suggested that European automotive suppliers face severe job cuts and investment drops amid demand decline.
Launch event held in Incheon for the Atto 3.
Despite the downturn in December, the Indian market is likely to have concluded 2024 with record-high sales.
The company plans to build a nine million square foot facility capable of producing up to 400,000 mass-market electric SUVs and crossovers annually.
The 2L engine will be developed for light utility vehicles.
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