12 February 2025
12 February 2025
After a record-breaking year for the Australian LV market, Trump's protectionist trade policies and China’s slowdown are risks to the import-dependent market.
But GlobalData's forecast for 2025 remains unchanged at just below 5 million units.
Apparent breakdown in merger talks between Honda and Nissan could open the door for Foxconn to further its automotive ambitions via Nissan.
The combined entity would account for around five million sales a year.
New plant will have an annual production capacity of approximately 50,000 vehicles by 2030.
Tesla has commissioned a new megafactory in Shanghai, China, to manufacture energy-storage batteries, known as Megapacks, reported Xinhua.
Production capacity will be 50,000 smart, electric trucks per year.
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