Automakers will require EV export licenses in a move to restrict the export of low-quality products, prevent dumping, and drive companies to compete on technology rather than price.
First Brands has obtained $1.1 billion in debtor-in-possession financing from its first-lien lenders to support ongoing operations. The supplier says Chapter 11 cases relate solely to U.S. operations ...
The automaker will restart some production in the coming days after informing suppliers last week that certain systems were back online.
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