2024 Year-End Review | Faced with numerous difficulties, but the Global Autos industry's wave of electrification cannot be stopped. Chinese car companies will still achieve good results in exports.

On October 29th, local time, the European Commission announced the conclusion of the anti-subsidy investigation, deciding to impose a final anti-subsidy tax for five years on electric Autos imported from China. The CEO of Geely Automobile Holdings, Gui Shengyue, stated that Geely is not only able to cope with the additional 18.8% tariff imposed by the EU, but the import tariff will also not hinder the company's ability to gain a larger market share in mainland Europe.

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2024 year-end review | Joint venture brands encounter a "midlife crisis" with over 4,000 Dealers "closing and transferring" throughout the year.

①Honda and Nissan announced that they have signed a memorandum of understanding regarding the merger, officially starting merger negotiations; ②The weak performance of the joint venture brand has made traditional Dealers feel the acute pain of 'the lips being lost and the teeth feeling cold.'

cls.cn20:37 ET

Finance Associated Press Autos Morning Report [December 25th]

① The Ministry of Industry and Information Technology is further strengthening the management of the comprehensive utilization of waste power Battery in the New energy Fund; ② In November, China Autos achieved exports of 0.55 million units, a year-on-year increase of 5%; ③ BAIC BluePark New Energy Technology: The subsidiary's capital increase and share expansion has been completed, introducing 11 strategic investors with a total investment of 8.15 billion yuan.

cls.cn19:47 ET

Weight-loss Drugs in 2025, Auto Industry Outlook: Market Domination

Yahoo Finance14:40 ET

Market Chatter: GAC-Honda NEV Plant Goes Online; Honda Shares Surge 13%

MT NewswiresDec 24 01:22 ET

2024 Year-End Review | Honda and Nissan Merger, Volkswagen "Internal Slimming" Global Car Market Faces Layoffs and Factory Closures Frenzy.

On December 23, Honda Motor and Nissan Motor jointly announced that they have signed a memorandum of understanding regarding a merger, which will officially initiate merger negotiations; Previously, Volkswagen issued a statement that it would reduce more than 0.035 million employees at its German factories by 2030; According to incomplete Statistics by reporters, in just a few months approaching the end of the year, nearly 10 companies in the Global automotive Industry are experiencing painful layoffs or have already made corresponding decisions.

cls.cnDec 23 20:37 ET