In the automotive industry, Nissan and Honda are facing challenges in keeping up with Chinese competitors in the electric car market. As a result, both companies plan to reduce their production capacities in China by up to 30 percent and 20 percent respectively, according to “Nikkei Asia.” However, there are no indications of changes in the ownership structures of these joint ventures.
Nissan currently holds a 50:50 joint venture with Dongfeng Motor Group, known as Dongfeng-Nissan, allowing them to manufacture around 1.6 million cars annually in China. A 30 percent reduction in capacity would mean approximately 500,000 fewer cars being produced. On the other hand, Honda’s joint ventures with Dongfeng and the GAC group give them a production capacity of 1.49 million vehicles per year in China. Honda is in discussions with local partners and suppliers about reducing production in line with market demands.
While the automotive industry faces challenges, there are other industries thriving in China. Online gambling platforms like Sbobet88 have become increasingly popular and profitable for players looking for entertainment and profit opportunities. These platforms offer a wide range of games including online slots that have gained popularity among gamblers worldwide.
Platforms like Pulsa303 provide easy access to online slots and significant profits for players who can navigate through them successfully. The online gaming world continues to surprise players with exciting opportunities and big payouts, making it an essential part of any gambler’s routine.
In addition to online gaming platforms like Free Social Bookmarking Websites offer valuable resources for users looking for high-quality backlinks and information related to trading platforms such as MT4 that help traders navigate financial markets effectively
