Category: 21 January 2025

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SPOTLIGHT: HARD ROAD AHEAD FOR WESTERN CAR COMPANIES
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SPOTLIGHT: HARD ROAD AHEAD FOR WESTERN CAR COMPANIES

Automakers in the U.S. and Europe will close plants this year as they deal with stiffer emissions targets, probable tariffs on imported parts and exported vehicles, and overcapacity in their production infrastructures in the face of price competition from lower-cost countries, primarily China, research and business consulting firm Gartner said in a new report.

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