CNN Money, July 10, 2018 Tesla has hiked the prices of its cars in China by about 20% after getting caught in the crossfire of the trade clash between Washington and Beijing. [caption id="attachment_17017" align="alignnone" width="780"] A Tesla Model S on display at a showroom in Shanghai.[/caption] by...
China Global Television Network, July 3, 2018 China has recently made it easier for foreign automakers to enter its new energy car manufacturing sector, in an effort to accelerate competition and growth in the auto industry. On the one hand, the import duty on foreign cars including...
Bloomberg Television, July 4th, 2018 Bill Russo, chief executive officer of Shanghai-based Automobility Ltd., an investment advisory firm,, talks about the possible 25 percent import tariffs on imported cars and parts by the Trump administration. Russo speaks with Ramy Inocencio on "Bloomberg Daybreak: Asia." (Source: Bloomberg) Click here to watch...
Carscoops, May 22, 2018 by Sergiu Tudose China’s Finance Ministry announced today that import tariffs will be cut to 15% from as much as 25%, whereas taxes on certain automotive parts would fall to just 6%, starting July 1st. The decision comes a few days after a truce...
WorldAutoSteel, May 2018 An excerpt from WorldAutoSteel's "Steel Your Future" Article. To read the full article click here From personal transportation to service For over 100 years, the automobile has been a personal possession to most commuters in the world. Either you owned one or you didn’t. With the...
AmCham Shanghai China Voices, June 21, 2018 Today we’re joined by Bill Russo, founder and CEO of Automobility, a strategy and investment advisory firm helping companies navigate the automobile market’s disruptive shift from a vehicle-centric business model focused on hardware ownership to a mobility-centric model focused...
Shanghai, China, June 15, 2018 TOPIC China’s Auto Industry in the Age of Disruption - The Birth of the “Automobility” Business Model For global automakers and their suppliers, China represents the greatest opportunity for growth in the 21st century. Over the coming decades, we believe that China will...
Automotive News, June 11, 2018 "The tipping point has already happened. China won. They understand it's not just about who is going to lead development of the car but who is going to shape future mobility. It's a new era." Bill Russo, CEO, Automobility Click here to read...
Shanghai, China, Wednesday, June 06, 2018 5:30 PM Workshop Automotive: Automotive Transformation – E-Mobility Venue: 上海环球港凯悦酒店，中国上海市普陀区宁夏路718号，8楼，沙龙厅4&5 | 8th floor, Salon 4+5, No. 718 Ningxia Road, Hyatt Regency Shanghai Global Harbor Price: Member 250 RMB, Non-Member 400 RMB (To be paid at the venue by cash or credit card) Automotive Transformation...
CNN Money, May 22, 2018 China is cutting the tariffs it charges on imported cars, giving a potential boost to foreign automakers in the world's largest market. The Chinese Finance Ministry said Tuesday that it will cut import duties on passenger vehicles from 25% to 15%, starting...
