07 July 2025
07 July 2025
China’s vehicle market continued its strong performance in May, with sales rising by 10%.
A deal would help secure the future of Nissan’s Oppama plant in Japan.
BYD is rapidly overtaking Tesla as world’s largest EV maker.
Project abandoned due to uncertainty over US trade policies.
According to Bain & Co, automotive OEM margins continued to decline in Q1, falling to 5.4% - a more than 40% drop from their 2021 peak.
The initiative is poised to rejuvenate the Turin facility, with plans to boost production by an additional 100,000 units annually.
Sharp rebound from last year’s production stoppages starts to ease.
The partnership will launch all-electric Geely EX5 and a plug-in hybrid model in Italy.
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