BMW and Mercedes-Benz have seen their sales and profits drop significantly in China since the beginning of the year.
Benz Cars decreased by 1% to 503,600 units. Electric van sales also declined by 31% to 4,400 units. Contrasting fortunes ...
The automotive transition is proving to be a complex and non-linear component of the broader energy transition ...
Mercedes-Benz has seen a 31% drop in global EV sales during the first three quarters of 2023, highlighting the challenge ...
Volkswagen's car deliveries overall fell 7.1% on year to 2.2 million in the quarter, while deliveries in China fell 15%. The company blamed the high price discounts offered by competitors in the ...
Volkswagen AG’s China sales slid 15% in the third quarter as Germany’s biggest carmaker continued to lose ground in key ...
German sports car maker Porsche on Friday posted a 29% nine-month sales drop in China, joining peers BMW and Mercedes in ...
Strong EV sales performance couldn’t prevent BMW’s overall delivery count falling, and China sales are down 30 percent in Q3 ...
South Korean owners of Mercedes ... CATL – China’s leading battery manufacturer. The attorney for the plaintiffs, Ha Jong-sun ...
One of the biggest winners appears to be Chinese automakers as Reuters is reporting that brands from the People’s Republic ...
Of the 27 EU members only 10 countries (including France) voted in favor of imposing the new tariffs, while 12 abstained and ...
Chery's expansion into Russia highlights growing ties between Moscow and Beijing.