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.cn20:37 ET

Hong Kong stock market news for December 24: The three major US Indexes closed higher. HKEX has a half-day trading session due to Christmas.

① Consumer confidence in the USA has declined for the first time in three months. ② The three major US stock indices collectively closed higher on Monday, with most China Concept Stocks showing strength. ③ Musk criticized the Federal Reserve, claiming there are absurdly many employees under Powell. ④ The NASDAQ 100 Index is rebalanced, with the weight of Tesla, Meta, and Broadcom decreasing. ⑤ HKEX will have a half-day Trade session on Christmas Eve.

cls.cn17:58 ET

TSLA, LI, or RIVN: Which EV Stock Could Deliver the Highest Upside Potential?

Yahoo Finance16:21 ET

Honda, Nissan Confirm Merger Plans To Offset Chinese EV Competition: How Mitsubishi Factors In

Benzinga11:47 ET

Jiangsu Bojun Industrial Technology (300926.SZ): The company has expanded related product categories with major clients such as Ideal Autos, Chongqing Sokon Industry Group Stock, Geely Autos, and BYD.

According to a statement from Jiangsu Bojun Industrial Technology (300926.SZ) during an investor relations meeting on December 23, the company is expanding and developing new clients while continuously digging deeper into the shares of existing clients to maintain ongoing growth with them. At the same time, the company strives to expand its new clients each year. The company is involved in a diverse range of product categories, from precision components for Autos, modular body products to integrated die-cast parts, and has extended related product categories with major clients such as Li Auto, Chongqing Sokon Industry Group Stock, Geely Autos, BYD, and others.

Gelonghui FinanceDec 23 06:56 ET

Xiaomi EV Plugs Into Nio, Xpeng, Li Auto's Charging Networks

CnEVPostDec 23 05:13 ET