AD #3858 - GM Could Start Closing Plants in China; Tavares Warns Stellantis Could Drop Brands; Chevy Reveals All-New Corvette ZR1
About this episode
Automakers face ongoing challenges with declining sales and profits, highlighted by Mercedes Benz's earnings drop and GM's costly halt of its Origin robotaxi due to regulatory hurdles. GM may close excess plants in China amid falling sales but remains committed to the market. Stellantis plans production cuts and may drop underperforming brands. Chevy unveiled the powerful new Corvette ZR1 with over 1,000 horsepower. China boosts subsidies for scrapping old vehicles to promote cleaner alternatives. Meanwhile, Chinese EV makers are establishing European plants to bypass tariffs, and JD Power finds non-Tesla EVs now lead in owner satisfaction.
Chevrolet Corvette
"... vehicles in China, like suburbans and Speaker 2: corvettes that are imported from the US. As we reported yes..."
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