Automundo China

BEIJING (AFP) – China’s economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as a crippling property crisis, sluggish consumption and global uncertainties battered it. A group of ten experts interviewed by AFP forecast China’s gross domestic product (GDP) to have expanded 5.2 […]

I cannot overstate how much of a party the Detroit Auto Show was before everything went to hell and the shows shifted from being media-focused to being consumer-focused. But to assist in your understanding I will tell the story of how I interrupted a remote shoot for “The Tonight Show w/ Jay Leno” and got […]

2024 Detroit Auto Show Cancelled, Will Return In January Of 2025

The domestic vehicle market was estimated to have expanded by just 6% to 25.18m units last year

Mercedes-Benz, Mini and Polestar are some of the brands showing off concept cars at the event. Read more at straitstimes.com.

BEIJING — China’s auto exports last year surged 57.9% from a year prior to 4.91 million units, according to the China Association of Automobile Manufacturers. Those figures likely put China ahead of Japan, making it the world’s largest auto exporter for the first time.

Polestar launched the Polestar 4 in China on the first day of the Shanghai auto show on April 17, 2023, and dropped the price significantly in November before deliveries began.

The previous target was for the figure to reach 40 percent by 2030 and 50 percent by 2035.