AD #3948 - GM Ready to Close Plants in China; U.S. November Sales Look Good, Maybe; Honda Launches Police Motorcycles in U.S.
About this episode
General Motors is restructuring its Chinese operations with a $5 billion charge due to declining sales, including plant closures and potential brand consolidations. Meanwhile, China's vehicle sales, especially EVs, surged in November aided by government rebates. In the US, Mazda's sales rose 19%, benefiting from limited EV exposure and imports from Mexico, while Honda's Prologue EV sales improved after price cuts. Honda is also launching police motorcycles in the US. Additionally, charging networks in China are introducing idle fees to manage EV charging spots. Leadership changes at ExxonMobil and automotive suppliers were also discussed, along with BYD's rapid expansion into Europe despite tariffs.
Honda Prologue
"...er 1: In one last bit of US sales news, the Honda Prologue is selling pretty well. Last month, Honda sold ov..."
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