07 April 2026
07 April 2026
However, the drop was against a high base last year and the daily selling rate was up on February.
The situation is constraining space on major maritime routes, raising freight costs and slowing delivery times, which is adding strain for Hyundai and companies in its supply chain.
The Jaecoo 7 outsold the Ford Puma to take top spot for model sales in March.
The Japanese automaker is also preparing to sell the US-made Camry sedan in Japan later this year.
Shipments to the region had already been suspended in March, with the company now shifting production capacity towards vehicles headed for the US and Europe.
The latest update to the register refers to 163 workers who labour inspectors said were “rescued” in December 2024 from a construction site in the north-eastern state.
The company said the proposed project depends on the outcome of its application under the Philippines’ Electric Vehicle Incentive Strategy (EVIS) programme.
The funding round was led by Greenoaks, with participation from DoorDash as a strategic investor alongside Prysm Capital.
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