Browsing: Industry News

Germany Optimistic as Distribution Market Shows Signs of Recovery

Germany is feeling a spark of cautious optimism as it appears that its distribution market may have finally reached the bottom after a tumultuous period filled with soaring energy costs and supply chain challenges. Industry leaders are looking ahead with hope, anticipating a rebound as demand steadies and vital reforms take shape

Honda Hits the Brakes on Canadian EV Factory Amid Tariff Tensions

Honda has put the brakes on its ambitious plans for a new electric vehicle factory in Canada, as rising trade tensions and tariff disputes cast a shadow over the automotive landscape. This decision highlights the increasing uncertainty surrounding the EV market and raises questions about future investments in this rapidly evolving sector.