Tag: Auto Industry News
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Mercedes-Benz Pushes Back on Senate Anti-China Bill
Mercedes-Benz is lobbying U.S. lawmakers to modify a bipartisan Senate proposal that could prevent automakers with significant Chinese ownership ties from selling connected vehicles in the United States. The proposed legislation would establish ownership thresholds aimed at addressing national security and consumer data concerns, potentially affecting several global automotive manufacturers. Senate Bill Targets Chinese Ownership…
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Honda Extends GAC Partnership in China Through 2038
Honda has extended its joint venture with Guangzhou Automobile Group (GAC) through 2038, reaffirming its commitment to China despite declining regional sales and intensifying competition in the country’s electric vehicle market. The agreement gives the automaker another 12 years to continue operating alongside its longtime partner as it works to strengthen its position in the…
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