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, October 25, 2018 The chief engine of growth for the world’s carmakers is turning into their biggest headache. In the past 48 hours, auto giants from Volkswagen AG and Ford Motor Co. to Renault SA and PSA Group have pinned flagging profits and weakening sales...
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...
The Wall Street Journal, March 26, 2018 U.S. auto makers, hesitant to criticize Beijing’s electric-vehicle requirements, among firms looking to Trump administration to help open market [caption id="attachment_16906" align="alignnone" width="1260"] Workers assemble a vehicle at a Changan Ford plant in Harbin, China. Ford Motor Co. joined with...
The Wall Street Journal, March 18, 2018 Baidu, Alibaba and Tencent are betting the auto industry will shift from selling hardware to selling subscriptions to internet-equipped autonomous cars [caption id="attachment_16883" align="alignnone" width="1260"] Baidu, Alibaba and Tencent are colonizing an auto industry increasingly reliant on artificial intelligence, software...
CNN Money, February 26, 2018 One of the richest men in China has made a big bet on an icon of Europe's automotive industry. Li Shufu, the billionaire chairman of Chinese car maker Geely (GELYF), invested about $9 billionbuying a stake of almost 10% in Daimler (DDAIF),...
YiCai Global, December 19, 2017 (Yicai Global) Dec. 19 -- Telematics is the new trend in the auto industry, and electrified and simpler powertrain systems give new entrants in the market the opportunity to overtake the world’s major automakers by changing to the fast lane. The three...
The Wall Street Journal, October 2, 2017 Nearly half of all plug-in vehicles are sold in China, driven by relentless subsidies and regulations By Trefor Moss Oct. 2, 2017 10:24 a.m. ET Click here to read this article at wsj.com SHANGHAI—China has created the world’s largest electric-car market by sheer force...
Week in China, September 8, 2017 Elon Musk’s prediction is that steering wheels will virtually disappear within twenty years, because most people will be transported in autonomous vehicles. “It will be like having a horse,” the Tesla boss explains. “There will be people who have non-autonomous cars,...
CNN Money, August 22, 2017 Ford wants to crack the world's largest auto market with fully electric vehicles sold under a new brand. The company announced plans on Tuesday to form a new joint venture with Anhui Zotye Automobile Co., a Chinese brand that specializes in all-electric...