Reuters Newswires, January 13, 2020 Ford Motor Co's China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles. The U.S. automaker...
December 13 – December 19, 2019 We are pleased to share the Issue #19 of Automobility’s newsletter on global auto+mobility related investments. This issue spans December 13 – December 19, 2019. Automobility Ltd is very privileged to support our venture partner MissionBlue Capital in leading the series...
Bloomberg News, December 18, 2019 Price reduction could help spur demand for Model 3 sedan Tesla preparing to start deliveries of locally made models Tesla Inc. is considering cutting the price of its China-built Model 3 sedans by 20% or more next year, people familiar with the plans...
Shanghai, China , December 4-5, 2019 The fourth edition of the Connected Mobility Conference was held in Shanghai on Dec. 4-5, 2019. The event was hosted by Messe Frankfurt, under the theme of "Competing in the digital IoM (Internet of Mobility), reshaping the future of mobility”,...
Shanghai, China, November 28, 2019 The American Chamber of Commerce in Shanghai has recognized its Automotive Committee as its 2019 Committee of the Year. Committee chairman Bill Russo, the Founder and CEO of Automobility Limited, accepted the honor on behalf of the committee. The committee was recognized for its...
Bloomberg Business Week, November 22, 2019 The future for General Motors Co. in China is in the hands of customers like Yang Yanjun, a 46-year-old logistics executive in Shanghai. Yang and his family own two gasoline-powered cars—a Volkswagen and an Audi—and now he’s considering whether to...
The Associated Press, December 10, 2019 BY JOE MCDONALD, AP Business Writer BEIJING (AP) — Looking for a new car, Yang Zhibo considered an electric but balked at prices that are thousands of dollars higher after Beijing wound down multibillion-dollar subsidies that made China the biggest market...
November 14 – November 20, 2019 We are pleased to share our weekly update on relevant deals happening in the automobility sector. This issue spans November 14 – November 20, 2019. There are several interesting investments featured this week including ACV (an online used car marketplace) raising...
October 24 – October 31, 2019 We are pleased to share our our weekly update on relevant deals happening in the automobility sector. This issue spans October 24 - October 31, 2019. This week, we highlight that strategic investors are continuing their active pursuit of Sensor &...
Huzhou, China, October 30, 2019 Topic: The Future of Automotive Introduction to the event The International FDI Summit (IFS) is a 2.5 day conference tackling the topics and industries affecting corporate direct investment into and out of China. What happens when labor is no longer a cost factor?...