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...The act has put a potential US expansion “top of mind for us right now,” Volvo Cars CEO Jim Rowan told the FT....
...This was the route Tesla took, followed by Ford in North America and, more modestly, Hyundai and Kia in the UK....
...And yet in 2021, the same McKinsey survey showed nearly 60 per cent of industry leaders expected North America to beat China in developing driverless car technology....
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...Mike Hawes, chief executive of the SMMT, the UK car industry body, said import tariffs would be deeply disappointing....
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...Volvo Cars on Tuesday said it had halted production at its factory in Belgium after the shipping disruption delayed a delivery of gearboxes, while tyre manufacturer Michelin said Red Sea delays would lead...
...European ports, however, are turning into car parks as imported cars — especially Chinese brand EVs — pile up awaiting haulage as they face logistical problems such as a lack of truck drivers....
...as Mexico or Canada, and / or to come from materials recycled in North America....
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...Cars and BMW in North America....
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...which is owned by MassMutual, one of America’s biggest life insurers....
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