Trump particularly focused on BMW, noting that it’s constructing a plant in Mexico that might produce autos for the U.S. market. Last month, amid signs the Genesis was underwhelming the market, Mr. Zuchowski used the Los Angeles Auto Show to revamp their line of S.U.V.s. He promised that Hyundai would improve the dimensions of two present models, the Santa Fe and Tucson, and add to its lineup a small crossover — a lightweight, gas-efficient S.U.V.
SINGAPORE: Southeast Asian journey-hailing service Grab said on Monday (Dec 12) it had secured an investment from Japanese automaker Honda Motor Co as part of a deal to collaborate on its motorcycle-hailing service, in the latest auto business tie-up of its kind.
While Chinese language officials didn’t immediately hyperlink the warning about a attainable penalty of a US automaker to Trump’s feedback, the Chinese government has used regulatory sanctions against international firms throughout previous episodes of diplomatic discord.
Specialists query whether that tax will deliver any cars back to U.S. auto plants, speculating that it is more probably that automakers will simply stop constructing small automobiles if they cannot be built in low wage countries like Mexico.
Whereas Zhang’s comments to the China Daily appeared just days after Trump’s remarks, people conversant in the state of affairs mentioned Chinese language officers have been cracking down on what they’ve known as monopolistic behaviour by overseas automakers and dealers for several years.