The Wall Street Journal, May 27, 2020 Government struggles to spark interest as consumers turn more to traditional vehicles By Trefor Moss This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street...
LinkedIn Pulse, April 2020 by Bill Russo, Bevin Jacob, Emily Wang and Amber Shu The Chinese automotive market is showing positive signs of a steady recovery since February when the country was under lockdown. As shown in Figure 1, the year-over-year change in daily average passenger vehicle...
S&P Global, April 29, 2020 Author: Soon Chen Kang Theme: Retail & Consumer Products China's decision to extend subsidies and exemptions for electric and plug-in hybrid vehicles until 2022 is unlikely to significantly boost sales in this category, given the stronger effects the government's wider initiatives to...
The Wall Street Journal, April 14, 2020 For Renault, the onset of the coronavirus epidemic snuffed out its bid to become a mainstream brand in China By Trefor Moss SHANGHAI -- Renault SA, which was already struggling in China before the coronavirus epidemic hit, will stop making gas-powered...
Shanghai, China, January 13, 2020 Bill Russo spoke at the 20th UBS China Global China Conference held in Shanghai on January 13, 2020. Panelists included Chloe Reuter from Reuter Communications and Michael Boddington from Asian Agribusiness Consulting. Panel was moderated by Natalie Cade, Head of UBS China...
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...
Bloomberg News April 18, 2019 (Bloomberg) -- Volkswagen AG, Nissan Motor Co. and Guangzhou Automobile Group Co. are among the carmakers increasingly counting on Chinese government tax cuts to stimulate demand and help the world’s biggest auto market rebound from its worst slump in a generation....
Suzhou, China, March 26, 2019 In 2018, China recorded its first annual decline in car sales in decades. The gathering gloom about Chinese car sales, especially among foreign manufacturers, misses a fundamental point, however: growth in automotive services in the country is offsetting the decline in...
Bloomberg TV, March 11, 2019 Bill Russo, founder and chief executive officer at Automobility, discusses China’s automotive market and his outlook for the sector. He speaks on “Bloomberg Markets: Asia.” (Source: Bloomberg) ...
Bloomberg News, February 27, 2019 While auto sales will continue to grow, they wonʼt return to the breakneck pace of the recent past. Persuading people to buy a new car in the worldʼs biggest auto market used to be easy for Mark Zhang, a salesman in the...