The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
Five years of rapid European growth for Chinese electric-car manufacturers ground to a halt in 2024, as trade barriers added ...
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for ...
SAIC Motor Corp., the Chinese collaborator of General Motors Co (NYSE:GM)., has announced that its preliminary profit for 2024 could see a drop as extreme as 90%. This drastic decline is attributed to ...
General Motors Co. lost $2.96 billion in the fourth quarter after a $4 billion charge for restructuring its struggling ...
China has emerged as a global leader in NEV production and sales. Annual output and sales soared from fewer than 20,000 units in 2014 to over 12 million units in 2024, accounting for more than 60% of ...
A joint venture between China’s SAIC Motor Corp Ltd. and India’s JSW Group plans to roll out a plug-in hybrid car next year ...
Tesla and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.
Tesla's legal challenge is in response to the EU introducing tariffs at the end of October of 7.8 percent on Tesla's China-made vehicles. The bloc has also set tariffs of up to 35.3 percent on other ...
Brands led by SAIC Motor Corp.'s MG registered 3.5 per cent fewer EVs in the region for all of 2024, according to data from automotive researcher Dataforce ...