Tag: Airbag jackets

Chinese automotive officials and manufacturers are eyeing soon-to-be-shuttered factories in Germany, with a particular interest in Volkswagen's facilities.

The global automotive market witnessed a remarkable performance in 2024, with sales figures reaching an impressive tally of nearly 65 million vehicles sold worldwide. This equates to approximately 5.4 million cars finding new owners each month, highlighting the vibrant and dynamic nature of the industry.

Despite the usual slew of promotional campaigns to boost shopping during the Lunar New Year festive season in 2025, several imported car models have seen a price hike by distributors, ranging from tens to hundreds of millions of Dong.