Reuters Newswires, October 24, 2018 BEIJING/SHANGHAI (Reuters) - Ford Motor Co (F.N) has hired a new chief for its troubled China operations, ending a nine-month search after the previous head suddenly quit and tasking him with fixing a deep sales slump in the world’s biggest car...
Bloomberg News, October 17, 2018 [caption id="attachment_17100" align="alignnone" width="306"] A Tesla Model S at the Shanghai showroom.Photographer: Qilai Shen/Bloomberg[/caption] Tesla Inc.’s breakthrough deal to secure land for a Shanghai factory commits the electric-car maker to a multibillion-dollar investment just as the Chinese vehicle market falters. The company secured...
Automotive News, October 2018 by Hans Greimel Seven-seat GS8 crossover: Modern, luxurious — and made in China Photo credit: HANS GREIMEL CHONGQING, China — At first blush, the GS8 seems like a crossover made for Americans. The hulking China-built seven-seater is luxurious and modern. What's more, the styling isn't cluttered...
Marketplace NPR, October 4, 2018 Under the new United States-Mexico-Canada Agreement, manufacturers need to source more parts from the member countries to avoid penalties. That could cost China. Earlier this week, President Donald Trump said that the trade deal would provide a big boost for North American...
The Wall Street Journal, August 29, 2018 [caption id="attachment_17049" align="alignnone" width="580"] A Buick Velite 6 displayed at the Beijing auto show in April. PHOTO: WANG ZHAO/AGENCE FRANCE-PRESSE/GETTY IMAGES[/caption] The launch of a new Buick electric vehicle has been put on hold until a new battery supplier can...
Shanghai, China, August 21, 2018 [caption id="attachment_17034" align="alignnone" width="535"] Bill Russo, Founder & CEO, Automobility Limited[/caption] “ Assuming the role as chair of AmCham Shanghai’s Automotive Committee is a great honor and privilege. Since coming to China in 2004 with Chrysler, I have learned how uniquely challenging...
CNBC Capital Connection, July 19, 2018 The tariffs are making companies that work with imported vehicles less competitive, says Bill Russo, founder & CEO at Automobility. Automobility CEO: Increasing tariffs 'more negative' for the industry from CNBC....
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...