GM Won't Invest in New EV Plants; Lucid Expanding Into China - Autoline Daily 3584

Autoline reports breaking global car news, with great insight and analysis. Also, top auto executive interviews. We cover electric vehicles (EV), autonomous vehicles (AV) and internal combustion engine technology (ICE), as well as car sales & financial earnings and new car reviews.

0:00 GM Won't Invest in New EV Plants
0:42 Autoliv Making Big Job Cuts
1:14 Lucid Expanding Into China
2:17 TuSimple Taking AV Trucking to Japan
3:37 Forvia/Hella Lands BMS Contracts
4:34 Chevy Honors Le Mans Camaro
5:40 U.S. Dealers Worried Sales Will Slow
6:22 China Launching Campaign to Boost Sales
7:05 Bridgestone Making New Tires From Old Tires

Story Links:
GM Won't Build New EV Plants: https://insideevs.com/news/671138/gm-has-no-plans-build-all-new-factories-electric-vehicles/

Autoliv Slashes Jobs: https://www.autoliv.com/press/autoliv-accelerates-structural-cost-reductions-reiterates-its-full-year-2023-indications

Lucid Expands Into China: https://www.reuters.com/business/autos-transportation/us-luxury-ev-maker-lucid-set-enter-china-market-2023-06-08/

https://carnewschina.com/2023/06/07/nios-former-vice-president-zhu-jiang-joins-lucid-motors-and-begins-preparations-for-entering-the-chinese-market/

TuSimple Expands Into Japan: https://autonews.gasgoo.com/icv/70022998.html

Forvia/Hella Battery Management System: https://www.hella.com/press/assets/media/20230516_HELLA_Press_Release_HELLA_wins_series_orders_for_e-mobility.pdf

Chevy Le Mans Camaro: https://media.chevrolet.com/media/us/en/chevrolet/home.detail.html/content/Pages/news/us/en/2023/jun/0608-camaro.html

Dealers Worried Sales Will Slow: https://www.coxautoinc.com/news/q2-2023-cadsi/

China Wants to Boost Sales: https://www.reuters.com/business/autos-transportation/china-passenger-car-sales-jump-73-may-vs-april-cpca-2023-06-08/

Bridgestone Recycling Old Tires Into New: https://www.bridgestone.com/corporate/news/2023060801.html

Read the transcript here: http://www.autoline.tv/journal/?p=87705#more-87705

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