Automakers focus on the global market, chide the US over tariffs at Shanghai's auto show [Globe and Mail, The (Toronto, Canada)]
Ford Motor Company (F)
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Source: Globe and Mail, The
Signs are that U.S. President Donald Trump’s 25% tariffs on auto imports is causing companies to recalibrate their strategies, and in some cases find new opportunities. “When governments up above are at odds, it's going to impact the businesses down below,” Ma Lihua, general manager at Soling, a Chinese maker of domain control units and other electronics used in such things as rearview camera displays. Soling, headquartered in Shanghai, counts Ford Motor Co., Toyota Motor Corp. and many other top tier global and Chinese automakers among its customers. It's also setting up a manufacturing base in Vietnam, whose local EV maker VinFast has ambitions to become Southeast Asia's leading automaker. Many of the dozens of auto parts and components companies exhibiting at the Shanghai auto show have operations spanning both the Chinese and world markets. Metal components maker Gestamp, a supplier of chassis, battery boxes and other key auto parts, has suffered from a slowdown in the U.S. an
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- 2025: The year the Big Three backed away from EVs [Yahoo! Finance Canada]Yahoo! Finance Canada
- Ford shatters decade-old recall record with 152 safety alerts issued this year alone across multiple models [FOX Business Network]FOX Business Network
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