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- 1South Korea becomes ground zero for EV price war▼South Korea becomes ground zero for EV price war as global carmakers slash tags
Global carmakers are cutting electric vehicle prices in South Korea, turning the country into a frontline of an intensifying EV price war, according to KED Global. Aggressive discounting by international manufacturers is putting pressure on local prices and reshaping the competitive landscape in one of the world's most advanced EV markets.
- 2GM warns on US market as carmakers flee Chinese competition▼General Motors warns on US market as carmakers seek ‘safe haven’ from Chinese rivals
General Motors has issued a warning about the United States market as global carmakers look to the US as a 'safe haven' from intensifying competition with Chinese rivals. The remarks highlight growing concern in the auto industry that Chinese manufacturers, strengthened at home, could eventually target Western markets, putting pressure on established players like GM.
- 3Automakers eye defence contracts as civilian sales falter▼From pickups to idle plants: automakers seek lifeline from defence boom
Automakers are exploring a pivot into defence manufacturing, repurposing pickup production lines and idle plants to build military hardware as a buffer against weak civilian demand. The idea of car factories serving a global defence boom is drawing attention as manufacturers look for new revenue streams amid slowing vehicle sales and underused capacity.