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Stock impact report

"The Dynamic Has Shifted": Global Automakers Now Bet Heavily On China For Global Expansion Strategies [zero hedge]

Honda Motor Company, Ltd. (HMC) 
Last honda motor company, ltd. earnings: 2/7 03:16 am Check Earnings Report
US:NYSE Investor Relations: world.honda.com/investors
Company Research Source: zero hedge
"The Dynamic Has Shifted": Global Automakers Now Bet Heavily On China For Global Expansion Strategies Foreign automakers are rushing to debut China-developed models at a major auto show, recognizing they can’t afford to lose ground in the world’s largest car market, according to Nikkei . After years of declining sales, many legacy brands are shifting to an “in China, for global” strategy—using local innovation not just to regain domestic customers, but to compete abroad. Companies like Volkswagen and Nissan are leaning heavily on Chinese partnerships to accelerate development and integrate advanced tech. Volkswagen, for instance, is working with Xpeng and Horizon Robotics to build software-driven vehicles and unveiled several new models at the Beijing auto show. It plans to launch over 20 EVs in China this year and up to 50 by 2030. Still, its sales dropped 14.9% in Q1, and it now expects lower long-term volumes. As one executive put it, “The era of super-returns is over.” Despite set Show less Read more
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