Lates News

"Stephanie Brinley, Deputy Director of Automotive Intelligence at S&P Global, said in an interview with CCTV that the uncertainty brought by the US government's tariff policy is seriously affecting manufacturers' long-term planning and will result in consumers bearing more costs. S&P Global predicts that by 2025, the sales of light vehicles in the United States will decrease by more than 640,000 due to the impact of tariff policies. The reality of industrial chain adjustments for manufacturers is also not to be underestimated. Whether it is factory relocation or component replacement, it is not a task that can be completed in a year. The so-called "reshoring of the American industry" is by no means an easy task."