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Western automakers face high costs, tariffs, competition, and strict carbon rules while shifting to EVs
Auto makers across Europe and the United States are dealing with several crises simultaneously. Slimmer profits, workforce reductions, and cost-cutting are spreading. At the same time, the US has started a probe into Honda over safety issues. Executives and analysts say rising costs, tariffs, strong competition, logistics problems, and tighter rules are colliding with a […]