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In January, the sales of RBOB Gasoline Passenger Vehicles fell by more than 20% month-on-month: Japanese brands overall under pressure, with Honda and Dongfeng Honda both "cut in half."
① According to data released by the China Association of Automobile Manufacturers, the domestic sales of Passenger Vehicles in January were 1.738 million units, a month-on-month decrease of 35.5% and a year-on-year decrease of 0.5%; ② In January this year, GAC Honda's sales were 15,123 units, a year-on-year decline of 57.14%; Dongfeng Honda's monthly sales were 19,971 units, a year-on-year decline of 69.31%.
Magna (MGA) Beats Q4 Earnings and Revenue Estimates
Auto Executives Try to Sway Trump on Tariffs, EV Subsidies
Workhorse Group And The Truck Shop Announces First Pacific Northwest Sale With Municipal Order For Two Electric W4 CC Trucks For Waste Management; No Financial Terms Disclosed
Express News | Workhorse Group and the Truck Shop Secure First Pacific Northwest Sale With Municipal Order for Electric Work Trucks
Trump's tariffs on Canada and Mexico heavily impact the Autos industry! The cost of purchasing Autos for people in the USA may increase by nearly $6000.
According to data from the USA venture capital firm Benchmark Co., if the tariffs proposed by Trump take effect, Americans may have to pay thousands of dollars more for cars; imposing a 25% tariff on Autos and parts from Mexico and Canada would increase the average price of Autos in the USA by about $5,790.
