aysia, Proton vendors need to cut prices by as much as 30%. Once the necessary reforms are done, Proton would be able to properly execute its turnaround and offer affordable models of good quality. Proton’s production has fallen from its peak of 200,000 units to 70,000 units in 2017; the company lacks export strategy and only does domestic sales. Moreover, Proton will close its Shah Alam plant in phases, and will completely move to Tanjung Mal...

OEM Plants  Updated at: 2025/05/19

res the Vigo production center will receive the next architecture for electric models, likely the STLA Small. On November 25, the CUT (Central Unitaria de Traballadoras) union called for a protest in Stellantis Vigo, Spain against potential rights cuts in the Stellantis agreement. The proposed deal lacks guarantees for the purchasing power of female workers and introduces mandatory Saturday work, reducing rights such as the 100% salary supplement...

OEM Plants  Updated at: 2025/05/14

lion and its annual net loss attributable to stockholders was CNY 0.83 billion. The automaker sold 80,700 cars during the six months, down 33.2%. The loss is partially explained by the slump in the market of the company’s main models, sedans and other basic passenger vehicles, and the lineup that lacks new models to appeal to the market. According to major media reported on May 16, VW China, FAW, Jiangsu Wanbang Dehe New Energy Technology Co., ...

OEM Plants  Updated at: 2025/04/09

aysia, Proton vendors need to cut prices by as much as 30%. Once the necessary reforms are done, Proton would be able to properly execute its turnaround and offer affordable models of good quality. Proton’s production has fallen from its peak of 200,000 units to 70,000 units in 2017; the company lacks export strategy and only does domestic sales. Moreover, Proton will close its Shah Alam plant in phases, and will completely move to Tanjung Mal...

OEM Plants  Updated at: 2025/03/18

year to 36,300 units. Production also decreased 8.13% y/y to 33,600 units. GAC Gonow Automobile and the Administration Committee of the Taizhou Bay Circular Economy Industrial Zone have concluded a cooperation agreement concerning building a new factory Sept. 30. Since existing Taizhou Luqiao Plant lacks production capacity and facilities, the automaker will establish a new plant to produce new models and achieve further business development of t...

OEM Plants  Updated at: 2024/09/30