The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
SAIC Motor Corp., the Chinese partner of General Motors Co., said preliminary profit for 2024 may plummet by as much as 90% due to a writedown of the US carmaker’s joint venture in the nation and a ...
TAIPEI--Automakers including Tesla, General Motors ... as part of a joint venture with Chinese state-owned carmaker SAIC Motor. An audit commissioned by the German carmaker last year found ...
The other tidbit that seems to have investors very excited is Musk’s promise that the company’s Cybercab Robotaxi, which we ...
BYD’s record-breaking year is paying dividends. Despite its vehicles selling for less than $17,000 on average, BYD topped Mercedes-Benz ...
A more favorable federal regulatory and legislative environment may help propel the growth of driverless ride-hailing vehicles in the United States.
Jato Dynamics reports that Europe’s new passenger car market grew by 0.9% in 2024, with 12,909,741 registrations.   Despite the slight ...
In rare admission, senior official says bloc should be ‘ready to explore deeper EU-US cooperation on economic security’ vis-a ...