China's First Car Sales Dip in 3 Decades Stirs Stimulus Talk

(Bloomberg) — China vehicle sales fell for the first time in 28 years, raising the prospect of a government-led stimulus to revive demand in the world’s biggest auto market as consumers from Europe to U.S. balk at buying new cars. Deliveries of passenger vehicles to dealers fell 4.1 percent to 23.7 million units last year,… Continue reading China's First Car Sales Dip in 3 Decades Stirs Stimulus Talk

Hyundai Mobis: Last Year Key Components Exceeded the Biggest Overseas Order Volume of ‘1.9 Trillion KRW ($1.7 Billion)’

SEOUL, South Korea–(BUSINESS WIRE)– – Overseas electric vehicle companies in the US, Europe and China are paying an increased focus on Hyundai Mobis… Their orders account for 60% of all parts orders Hyundai Mobis (012330.KS) broke the record of overseas orders for its core parts thanks to its competitiveness in future car technologies. On January… Continue reading Hyundai Mobis: Last Year Key Components Exceeded the Biggest Overseas Order Volume of ‘1.9 Trillion KRW ($1.7 Billion)’