Exchange: OTC·Updated 03:44 PM EST

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Slotkin called the rumored move a “strategic mistake” that could threaten 1.2 million Michigan auto-related jobs and broader U.S. manufacturing.
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The dispute erupted after the Dutch government seized control of Chinese-owned Nexperia over security concerns, triggering retaliation from Beijing and raising fears of another supply shock for the auto industry.
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Global carmakers are cutting costs and years off development by licensing ready-made Chinese EV platforms, batteries and software.
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The deal comes from long-time partner Volkswagen and cleared investor concerns about the automaker preferring another firm. Despite a positive Street view and a surging stock, retail investors are yet to be convinced.
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