Following higher EU tariffs on Chinese electric vehicles, car makers such as BYD, SAIC and Geely have increased their hybrid ...
When President-elect Donald Trump fired the opening shots in a trade war during his first term, Chinese officials often took ...
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 ...
Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing ...
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 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 ...
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 issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
General Motors Co. announced Wednesday that it will record over $5 billion in non-cash charges as part of a sweeping ...
China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 ...