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Chinese automakers sweep Western brands out of global markets

Baua Electric

Michael Dunne knows as much about China’s auto market and automakers as just about anyone out there. In a recent article, he warns that China has launched “a global car blitzkrieg” that puts American, European and Japanese automakers’ status as global companies in grave peril. Now every Japanese firm is seeing sales shrink.

Chinese 52
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ACMA Automechanika 2024 concludes on a high note; global aftermarket presents USD 35 bn exports opportunity: ACMA-EY Study – ET Auto

Baua Electric

The Global Automotive Aftermarket Research, prepared by ACMA in collaboration with Ernst & Young was released during the event. The Global Automotive Aftermarket Research, prepared by ACMA in collaboration with Ernst & Young was released during the event.

Global 98
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Ford to reopen Chennai plant for EV exports to spearhead its global comeback

Baua Electric

However, This time, Ford will focus on EVs as it faces a global comeback. Ford India plant will reopen to export global EVs Ford submitted a Letter of Intent (LOI) to the government of Tamil Nadu earlier this month, outlining plans to restart its Chennai plant for export. Hart explained that the plant will “serve new global markets.”

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ASK Auto forms JV with AISIN Group to enter domestic, global car parts aftermarket – ET Auto

Baua Electric

ASK Automotive Ltd – AISIN Group Companies Joint Venture New Delhi: ASK Automotive Limited, India’s largest manufacturer of Brake Shoes and Advanced Braking Systems for Two-Wheelers, announced a Landmark Joint Venture Agreement with AISIN Group Companies, comprising AISIN Asia (Thailand) Co.

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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Thailand wants 30% of the vehicles built in the country to be electric by 2030.

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Honda adjusting production at North American plants due to flooding in Thailand; auto production at 50% through 10 November

Green Car Congress

American Honda Motor will temporally adjust automobile production at all six Honda auto plants in the US and Canada due to the disruption of the flow of parts from Honda suppliers in Asia because of the ongoing flooding in Thailand. Auto production will be at approximately 50% of the original plan through 10 Nov.

Thailand 170
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Splendid Wall readies EV battery meeting, analysis in Thailand

Baua Electric

is finalizing plans to take a position as much as $30 million to arrange a untouched battery bind meeting plant in Thailand, the place it is going to get started creating a compact electrical automotive upcoming occasion, consistent with an organization reputable. BANGKOK — China’s Splendid Wall Motor Co.