Chinese car dealers, once the beneficiaries of the country’s booming automotive market, are facing a bleak future as they fall…
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China’s electric-vehicle (EV) king BYD reported a 30 per cent drop in profits in the second quarter as surging overseas…
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China’s electric vehicle (EV) makers reduced prices a month ahead of expectations, as cutthroat competition and overcapacity threaten unprofitable carmakers…
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Chinese electric vehicle (EV) start-up Hozon New Energy Automobile, which is reeling from a cutthroat price war on the mainland,…
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BMW is no longer pursuing a strategy of boosting sales volumes since massive price cuts failed to effectively bolster deliveries…
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