Longi began evaluating the move before a U.S. trade case was filed in April seeking tariffs to protect domestic manufacturers, says Archie Flores, general manager of the company’s U.S. unit.
Plans for a new facility, probably located next to an existing Airbus plant in Mobile, "would make no economic sense," according to Boeing.
The Chinese company has decided to accelerate its investment in Canada as growing demand for electric vehicles and provincial tax incentives create a more welcoming environment than the U.S. in the short-term, a spokesman said.
The company is preparing to unveil as early as next week a wave of job cuts at the division.
Ghosn’s prediction flies in the face of forecasts that the emergence of ride-hailing and car-sharing -- eventually coupled with vehicles capable of driving themselves -- will upend the more than $2 trillion annual business of selling new vehicles.
New General Electric CEO John Flannery will unveil plans next week of how he plans to reshape the 125-year-old conglomerate. What — and how much — will be unloaded?
Musk alluded to automation challenges as among the reasons the Model 3 sedan, which starts at $35,000, has gotten off to a bumpy start.
Broadcom CEO Hock Tan said the move to domicile the company in the U.S. would bring $20 billion in revenue into the country.
The U.S. accounted for 20% of Aston Martin's auto sales in 2016.
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