Following higher EU tariffs on Chinese electric vehicles, car makers such as BYD, SAIC and Geely have increased their hybrid ...
As the European Union slaps more restrictive tariffs on EVs pouring in from China, Chinese automakers have found a workaround: they’ll just export hybrids instead, since hybrids of all varieties are ...
GM’s sales and market share has been gradually declining as competition in China increases from local automakers. The loss announced on Wednesday includes $US5 billion in restructuring costs and a ...
The automotive giant revealed that it will reduce the value of its equity stakes in the ventures by $2.6bn to $2.9bn.
When President-elect Donald Trump fired the opening shots in a trade war during his first term, Chinese officials often took ...
In China, where not long ago Buick and Chevrolet were two of the most popular foreign brands, General Motors’ profits and market share have tumbled.
China was once a profit centre for GM, but tougher competition from domestic brands is forcing it to declare a financial hit ...
BYD is taking on Volkswagen and Toyota in Europe with its first plug-in ... managing director at market & industry research ...
That helped exports of plug-in hybrids and conventional hybrids account for 18% of China's total vehicle sales to Europe in the third quarter, doubling from 9% in the first quarter. The proportion of ...
Plus, Infiniti lets its dealerships move in with Nissan in a bid to survive, and GM is taking an over-$5 billion hit in China ...
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South Korea's LG Electronics' Indian unit on Friday filed for an initial public offering (IPO), with the parent firm selling ...