AD #4119 - Oil to Drop Under $50/Barrel; China Media Disses 3-Row Model Y; VinFast Kills Direct Sales, Goes Dealer Route
About this episode
Oil prices are forecasted to drop below $50 per barrel due to oversupply and slowing demand, while natural gas prices are expected to double by 2026. The US imposes new tariffs on steel and aluminum automotive components, complicating supply chains, though USMCA compliance is improving. California pushes to maintain EV incentives amid federal rollbacks. Buick debuts advanced driver assistance tech in China, Opel unveils a high-performance Corsa concept, and VinFast shifts from direct sales to dealerships in the US due to poor sales. Tesla's new 3-row Model Y faces criticism over rear passenger space. Amazon expands into used car sales with Hyundai and Hertz partnerships.
Dodge Journey
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