Fewer Investors Than Expected Jumping On Ford Motor Company (NYSE:F)
GM, Other US Automakers Face Sharp Profit Squeeze From Trump Tariffs, Analysts Warn
Ford Motor promises to invest in building a factory in Indonesia next year.
According to Jakarta Post, Faisol Riza, Deputy Minister of Industry of Indonesia, stated on November 29 that Ford Motor has promised to achieve local factory construction and investment next year. Ford exited the Indonesia market in 2016. He expressed confidence in the prospects of Indonesia's electric vehicle industry and hopes that more locally produced electric cars can enter the market, suggesting that global auto manufacturers who previously operated here but later exited may return.
Express News | IG Metall, the German union, has announced that Ford automotive employees will begin striking from early December.
Big news has just emerged in the chip field! Germany is providing "huge" subsidies to the chip industry, while amazon is "challenging" nvidia.
To challenge nvidia's monopoly in the ai chip field, technology giant amazon is accelerating the development of a new ai chip Trainium2, which has four times the performance and three times the memory capacity compared to the previous generation, and has significant advantages in energy efficiency and cost.
Troubles within and without for American car manufacturers: Trump's tariffs and the "price war" in the China car market.
Tariffs may lead to price increases and a decrease in demand. Meanwhile, the fierce price competition in the china automotive industry will pose challenges for usa car companies' operations in china.