Volkswagen faces financial woes, considering selling factories in China amid union strikes and restructuring plans in Germany ...
Volkswagen AG Chief Executive Officer Oliver Blume vowed to continue cutting costs as the German automaker charts a new course for China, where it is struggling with poor demand and waning relevance.
With record-breaking sales and a bold target, BYD is on track to become the world’s largest carmaker, surpassing Ford & Honda ...
BYD, China’s major electric vehicle manufacturer, is on target to reach sales beyond 2024 around the world despite tight ...
Volkswagen’s Germany workers walked off their jobs for the second time in a week yesterday over the carmaker’s plans to ...
Besieged automotive giant Nissan has suffered yet another blow, with news it is set to axe a number of showrooms under its ...
Volkswagen, BMW, and Mercedes-Benz have announced further investments in a market that has changed rapidly to their ...
GM faces a $5 billion hit as it scrambles to adapt to China's electric vehicle revolution and fierce competition from local ...
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 ...
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 ...