Tavares believes that new factories in Europe by Chinese carmakers will increase the "manufacturing overcapacity" in the ...

People are angry, cars aren’t selling, and now for the first time ever Volkswagen is likely to close one of its factories in Europe.

Amid sluggish domestic consumption and waning investment, China's manufacturing overcapacity—the vast output of the "world's ...

ASML's deep forecast cuts that sparked a global tech stock selloff signal overcapacity at chip factories rather than a ...

Audi's high-cost Brussels site could become the first VW plant to close in Europe. It has struggled due to poor demand the Q8 ...

Computer chip equipment maker ASML's deep cuts to its 2025 sales forecast sparked a sell-off in chip stocks on Tuesday over ...

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Global factory activity weakened in September as soft demand and economic uncertainty pointed to a tough outlook, surveys showed, keeping policymakers under pressure to shore up fragile growth.

Asia's factory activity hit by global uncertainty, focus on China stimulus Updated / Tuesday, 1 Oct 2024 11:45 China's Caixin/S&P Global manufacturing PMI showing a slump to 49.3 in September from ...

The downturn was broad-based and Germany, Europe's largest economy, recorded its most pronounced worsening of factory conditions for 12 months. HCOB's final euro zone manufacturing Purchasing ...

Long dubbed "the world's factory," China is no longer satisfied with exporting ... have begun criticizing China for its "industrial overcapacity." China immediately retorted: "Globally, green capacity ...

KNOXVILLE, Tenn. − A group of employees from a plastics factory clung to spools of flexible yellow plastic pipes on the back of a flatbed semitruck for hours waiting for help as the Nolichucky River ...