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...Smith, Orchard’s senior vice-president and general manager of North America....
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...General Motors and Tesla have paused some of their EV expansion plans....
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...BYD wants to overtake the top-selling models in the Indonesian market last year, which included the Hyundai Ioniq 5, and the Air EV from China’s Wuling Motors....
...Volkswagen has become the latest foreign carmaker to raise wages for US workers following significant pay gains won by the United Auto Workers in a six-week strike against Ford, General Motors and Stellantis...
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...For example, although MG Motor is headquartered in the UK and owned by China’s SAIC, its MG5 and MG ZS are made in China and exported....
...The races then move to Azerbaijan and Singapore before four races in the Americas and the final two events in Qatar and Abu Dhabi....
...General Motors chief financial officer Paul Jacobson said the IRA had “tremendous benefit” to the EV market, helping stimulate sales....
...Coming to America Labour laws are not the only reason for automakers to move south....
...That followed stoppages by General Motors, Stellantis and Hyundai and others already this year....
...Monthly revenue per viewer in the country is only 70 cents on average, far below the $7.50 average in North America....
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...There are at least a couple of international automakers in the lowest three tiers of investment grade that could be a source of concern (Hyundai and Kia, for example)....
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