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...As part of this plan, he had samples of Chinese photovoltaic products — sourced at Hong Kong’s electronics fair — tested at a Czech technology university....
...ZOF is part of the Wanxiang Group, a conglomerate controlled by Lu that also includes a large car-parts manufacturing business with a long-standing presence in the US....
...While use of large mechanical arms to carry out functions from lifting entire cars to installing some parts is common across the auto industry, this is one of the first uses of robots with a human appearance...
...Auto sales, which rose 12 per cent over 2023, are one sign of lower prices supporting demand, though Loo said the auto data had been “volatile”....
...The analysts at Employ America have also highlighted auto insurance’s role in the recent gap between the CPI and the Fed’s favoured PCE indicator — and reckon that part of the gap could very possibly narrow...
...The takeover of Inchcape’s dealerships will give New York-listed Group 1 Automotive which has outlets in London, sites in the northern part of the UK....
...Workers at a Mercedes-Benz factory in Alabama have called for a vote to join the United Auto Workers union, part of a wider campaign to unionise foreign-owned auto plants that has also targeted Toyota and...
...“It has now caused a major headache for auto companies that rely on these ships....
...Sustainability was a key part of the architectural mandate, too....
...The world’s biggest tech show is also a major auto expo, with South Korea’s Kia and Hyundai, Honda of Japan and Mercedes-Benz of Germany all taking part along with numerous suppliers....
...Executives have said Xiaomi’s global footprint, with smartphone distributors and stores around the world, would accelerate overseas car sales....
...“For each of [the networks’ sports divisions] the pay-TV bundle was a vital part of our business,” said one person involved in the new business....
...This is a lesson learnt from the UK which, for years, struggled to attract auto investors after losing many of its parts suppliers to lower-cost regions. Some of the largest US names are adapting....
...Fewer parts, fewer parts in the power train. And so the UAW itself has estimated in the past that, you know, as many as 35,000 jobs could be lost as the shift happens....
...“China imposes restrictions on American autos and other foreign autos operating in China,” Biden added....
...A week later, workers at 38 parts depots belonging to GM and Stellantis joined the picket lines....
...its closing price on Friday — valuing the rival auto group at roughly €3bn....
...Data reviewed by the Financial Times shows the goods were sold to Russia via distributors and intermediaries....
...Instead, Hohenshell sees a different motive: Toyota wants to halt the march of the United Auto Workers. “It’s a bribe,” he said....
...The auto salvage and scrap industries have spent decades processing petrol-powered cars, harvesting pieces from camshafts to hubcaps for resale as spare parts or scrap metal....
...Currently strikers are picketing three auto assembly plants, accounting for roughly 13,000 of the UAW’s 146,000 members at the Detroit carmakers....
...Figures from INA, Mexico’s trade body for auto parts suppliers, show that 33 Chinese-owned companies with Mexican operations sent $1.1bn worth of parts to the US in 2023, up from $711mn in 2021....
...Autos are just one part of a wider industrial framework within which, for decades, developed economies have relied on China as an inexpensive and collaborative manufacturing hub....
...As part of the agreement, the French carmaker reduced its 43 per cent stake in Nissan, while the Japanese group gained voting rights for its own 15 per cent holding in Renault....
...Lotus came into the Geely fold in 2017, as part of a deal to invest in Malaysian owner Proton. After taking a 51 per cent stake, Geely poured £3bn into the once-sleepy business....
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