The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
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 issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
Automakers such as General Motors are beginning to fall behind as Chinese automakers stretch ahead in sales, appealing to consumers wanting EV and hybrid vehicles.
Volkswagen's Audi plant in San Jose Chiapa, Mexico, makes the Q5, employing just over 5,000 people. In the first half of 2024 ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The automotive giant revealed that it will reduce the value of its equity stakes in the ventures by $2.6bn to $2.9bn.
Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing ...
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.
As Europe diversifies its automotive imports away from the U.S. and Japan, Chinese automakers are bankrolling hybrid exports ...