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GM and Ford may have to halt exports of Chinese-made vehicles to the U.S. under a new proposed rule by the U.S. government, which aims to reduce reliance on Chinese supply chains. This rule could impact vehicle imports and reshape strategies for automakers depending on Chinese manufacturing.
America’s Group CEO announced plans to increase participation in auctions to expand the company’s reach across the U.S. By acquiring more properties through auctions, the company aims to enhance its portfolio and strengthen its presence in key markets, driving growth and improving access for a wider customer base.
The European Union (EU) has imposed provisional tariffs on electric vehicles (EVs) imported from China, citing concerns over unfair subsidies provided by the Chinese government. These duties, ranging from 17.4% to 38.1%, aim to address the competitive imbalance caused by state aid that allows Chinese manufacturers to undercut prices in…