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...
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),...
Bloomberg News, February 26, 2018 [caption id="attachment_16868" align="aligncenter" width="400"] Li ShufuPhotographer: Charles Pertwee/Bloomberg[/caption] A dozen years ago, Chinese carmaker Geely announced its arrival on the global stage with a giant “I Am Geely” sign over its stand at the Frankfurt Auto Show. Last week, Geely founder Li...
The New York Times, January 16, 2017 A BMW at the New York International Auto Show in 2016. After praising German manufacturing prowess in an interview with Bild, President-elect Donald J. Trump threatened to impose a 35 percent tariff on every car that BMW imported to...
Gao Feng Insights Report, February 2016 We are pleased to share with you our paper titled: Reimagining Mobility in the China Context. This article builds on the themes from our previous article titled Digital Disruption in China’s Automotive Industry, and offers a perspective at how the traditional value chain of the...
The Financial Times, November 11, 2015 Patti Waldmeir in Shanghai Beijing’s stimulus plan for the Chinese car market helped October motor vehicle sales to grow at their fastest pace in 10 months, driven by a tax cut on small cars. Chinese car buyers have been holding back on...
The Financial Times, August 30, 2015 Click here to read this article at FT.com by Andy Sharman, Motor Industry Correspondent China’s stock market crash this week brought a jolting end to an uncomfortable summer for most of the world’s carmakers, who in past years had enjoyed a smooth ride in the...
The Guardian, August 1, 2015 Shanghai: the roads are impressive but car sales are not motoring. Photograph: Bloomberg via Getty Images Business appears to be slow at the Mercedes-Benz showroom in the Jing’an district of Shanghai. There are no customers and the staff look bored. A family comes...
The Financial Times, July 27, 2015 On the eve of China’s largest car show in April, executives and analysts braced themselves for a “new normal”: single-digit sales growth after two fat years. Yet some are beginning to wonder if the world’s largest car market is actually entering...
Beijing, China. June 3, 2015 Bill Russo chaired a panel discussion with the the China CEOs from the top 3 premium carmakers at the 2015 J.P. Morgan Global China Summit. The topic of the session was The Next Golden Age of China's Automotive Industry. Panelists: Hubertus Troska, Member of the Board of...
