Monday, June 9, 2025

Geely hits pause on new vegetation, cites “extreme overcapacity”

Chinese language automaker Geely will halt building of recent automobile vegetation as the worldwide automotive business grapples with an obvious “extreme overcapacity” drawback. Chairman Li Shufu introduced the choice on the Chongqing Auto Present over the weekend, saying the corporate would as an alternative concentrate on enhancing technological capabilities. Subscribe to Automotive World to proceed studying Join … Continued

Chinese language automaker Geely will halt building of recent automobile vegetation as the worldwide automotive business grapples with an obvious “extreme overcapacity” drawback. Chairman Li Shufu introduced the choice on the Chongqing Auto Present over the weekend, saying the corporate would as an alternative concentrate on enhancing technological capabilities.

Subscribe to Automotive World to proceed studying

Join now and achieve limitless entry to our information, evaluation, knowledge, and analysis

Subscribe

Already a member?

Geely hits pause on new plants, cites “severe overcapacity” 

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles