AD #4016 - Foxconn Will Make EVs for Mitsubishi; Clock Ticking on UAW/VW Contract Deal; Magna to Build Chinese EVs in Austria
About this episode
Foxconn is set to produce electric vehicles for Mitsubishi, aiming to leverage this partnership to attract larger Japanese automakers like Honda and Nissan. Magna is adapting by assembling Chinese EVs in Austria to offset lost production, while Amazon plans to expand into used car sales online, starting with Hyundai. Labor negotiations between the UAW and Volkswagen in Tennessee face a looming deadline amid disputes over benefits. Meanwhile, Tesla sales dip in Europe, Hyundai explores robotic security solutions, and vehicle thefts in the US decline significantly due to improved anti-theft measures.
Request an Explanation
Heard something you'd like explained? We'll add it to this episode.
Sign in to request explanations for terms you heard.
Want to learn more?
Browse our glossary for plain-English explanations of automotive terms, jargon, and concepts.