Focusing on Industry and Economics, the United States issued semiconductor export control measures to China.
On December 2, the United States issued semiconductor export control measures to China, further tightening export controls on semiconductor manufacturing equipment, memory chips, etc.
to China, and adding 136 China entities to the list of export control entities.
In response to the latest U.S. measures to chip China, a spokesperson for the Ministry of Commerce said in response to reporters ‘questions on issues related to the U.S.’s release of semiconductor export control measures: “The semiconductor industry is highly global, and the U.S.’s abuse of export control measures has seriously hindered normal economic and trade exchanges among countries and undermined market rules and international economic and trade order threaten the stability of global industrial and supply chains.
The global semiconductor industry, including American companies, will be severely affected.
China will take necessary measures to resolutely safeguard its legitimate rights and interests.
“, Focusing on the new trend of traditional car companies, workers at nine Volkswagen factories went on strike.
On December 2, local time, workers at nine Volkswagen German car and parts assembly factories held a two-hour strike, causing the assembly line to be suspended.
It is reported that Volkswagen’s morning workers went on strike for two hours, while those on night shifts left early to protest Volkswagen’s cost-cutting measures in Germany, including wage cuts and factory closures.
Volkswagen India is suspected of evading taxes of US$1.
4 billion.
A document shows that India has issued a notice to German automaker Volkswagen Group, accusing it of “deliberately” reducing import duties on its brands Audi, Volkswagen and Skoda auto parts, thereby evading taxes of US$1.
4 billion.
Stellantis lost one-third of its market share in Europe.
Reuters comments showed that under the leadership of Tang Weishi, Stellantis lost one-third of its market share in Europe.
Data from the European Automobile Manufacturers Association showed that Fiat’s market penetration in Europe has halved to 1.
8%, while Citroen’s market penetration has dropped to 2.2%. General Motors will sell its stake in the Michigan battery plant to LG New Energy.
General Motors said on December 2 that it will sell its stake in its joint venture battery plant in Lansing, Michigan, to partner LG New Energy, further reducing its electric vehicle ambitions.
It is reported that General Motors is expected to recoup its investment in the plant, which is approximately US$1 billion, and the transaction is expected to be completed early next year.
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