The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
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 ...
New subsidies, dizzying variety for consumers and sluggish demand for EVs in other parts of the world is helping China ...
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.
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
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 ...
U.S. automakers are struggling in the world's largest car market and General motors (GM) has announced another plan to write ...
General Motors Co. announced Wednesday that it will record over $5 billion in non-cash charges as part of a sweeping ...
Tesla Inc. ( TSLA, Financial) announced a 4.3% year-over -year decline in November China-made EV sales to 78,856 units, as ...