Not to be left out, Tesla this week announced further discounts and incentives inside China as it fights for market share among local players. Tesla is offering five-year 0 per cent loans and a 10,000 ...
India's largest automobile manufacturer Maruti Suzuki last month revealed its first electric SUV, e Vitara, in Italy where ...
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.
New subsidies, dizzying variety for consumers and sluggish demand for EVs in other parts of the world is helping China ...
Asian equities were mixed overnight as South Korea underperformed in an unexpected political development, Taiwan and ...
GM’s CEO Mary Barra told Fortune in October that China’s EV price war “has become a race to the bottom with pricing and the ...
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...
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 ...
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric ...
The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a ...
GM expects the charge for restructuring costs to be $2.6 to $2.9 billion and the charge for reduced joint-venture value to be ...
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