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.
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.
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
Industry heavyweight BYD, which is backed by Warren Buffett’s Berkshire Hathaway, has demanded its auto-parts suppliers cut ...
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric ...
Faltering U.S. industrial leadership has allowed China to take a harder trade stance as President-elect Donald Trump prepares ...
Volkswagen CEO Olivier Blume faced a huge booing crowd in Germany today, arguing that company isn’t operating in “a fantasy world” and that plants will be closing and jobs will be lost.
GM’s CEO Mary Barra told Fortune in October that China’s EV price war “has become a race to the bottom with pricing and the ...