Tesla's financial challenges deepened Wednesday with a sharp drop in second-quarter earnings and revenue, underscoring a tough year marked by falling sales, brand challenges, and growing competition.
Chinese automakers have emerged as a global force, commanding attention from policymakers and industry leaders worldwide. After initial resistance in the US and Russia, China has turned its focus to Europe, its first major testing ground for global expansion.
World Known Precision Industry (WKPT), a major Taiwanese supplier of commercial vehicle components, has long relied on the US as its largest revenue source. But chairman Kevin Lu now sees Japan emerging as the company's next strategic growth market, driven by a surge in local investment and a rejuvenated commercial vehicle sector.
