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 ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
GM’s sales and market share has been gradually declining as competition in China increases from local automakers. The loss ...
When President-elect Donald Trump fired the opening shots in a trade war during his first term, Chinese officials often took ...
The automotive giant revealed that it will reduce the value of its equity stakes in the ventures by $2.6bn to $2.9bn.
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 ...
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 ...
BYD is taking on Volkswagen and Toyota in Europe with its first plug-in ... managing director at market & industry research ...
Chinese EV maker BYD has been scouting for locations to build a plant in Mexico but has said repeatedly that the factory will ...
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 ...