MINUTES
About Minutes
Back to videos
Automakers seek lifeline from defense boom as China rivals thriveEconomy
Install the Minutes extension for translated subtitles
Get the Minutes app for translated subtitles (coming soon)
Translated subtitles

EconomyAutomakers seek lifeline from defense boom as China rivals thrive

Western automakers are looking to the surge in defense spending to sell more vehicles and use underemployed factories. Executives caution that military work will not offset weaker car sales and intensifying competition from China.

RReuters 2026-09-28 14:44