Beijing (Gasgoo)- In November 2024, the retail sales of passenger vehicles in China reached 2.423 million units, representing a 16.5% increase year-on-year and a 7.1% rise month-on-month, according to ...
As of October, BYD’s share of the China auto market, which makes up more than 90% of its total sales, stood at 16.2%, up from ...
Aided by robust sales in China, BYD is on course to top its annual sales target of 4 million vehicles, which would put it ...
GM faces a $5 billion hit as it scrambles to adapt to China's electric vehicle revolution and fierce competition from local ...
GM's profits and market share have tumbled, so much that, like other multinationals, the company's long-term presence in ...
Germany's Volkswagen Group is planning to sell its plant in the Chinese city of Nanjing to the north-west of Shanghai, the ...
Facing intense pressure from other EV makers, GM should seriously consider exiting its China business, Christopher S. Tang ...
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 ...
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.
DETROIT, Dec 4 (Reuters) - General Motors (GM.N) told shareholders on Wednesday that it would record two non-cash charges ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...