Volkswagen: Intensifying competition and weaker spending in China dragged VW’s luxury sports-car brand Porsche AG to its ...
Chinese electric vehicle companies are building new factories in Thailand and Brazil and opening showrooms in Zambia, Kenya ...
BMW and Mercedes-Benz have seen their sales and profits drop significantly in China since the beginning of the year.
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 ...
It would be possible to treat this statement quite coolly, stating: well, the competition, what did you want, who will offer ...
Analysts at Jefferies estimate that the tariffs could translate into a 20% price increase for consumers, which would probably ...
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 ...
German automaker Porsche said sales in China fell sharply in the first nine months of 2024 with an 29 per cent drop. The ...
Deliveries of BMW and Mini-branded cars fell 30%, the steepest drop in more than four years. Mercedes sales dropped 13% in ...
At BMW, the sales slump was led by a drop of 29.8 percent in China across BMW and Mini vehicles to 147,691. The rest of Asia ...
Read CAR's interview with Mercedes chairman and CEO Ola Källenius about the future of the brand, why EV tariffs are bad, and ...