Automundo China

Chinese automakers are increasingly bullish about their Europe plans and could have a market share equivalent to Japanese and South Korean companies within a decade, analysts say.

BYD will resume normal oversight of its Indian car plant, and is interested in exploring local battery pack assembly. By Stewart Burnett

Study Download Roland Berger Automotive Disruption Radar: China in pole position, dominating on electric vehicle (EV) preference (95%), EV market share (25%)...

For years, the automotive landscape of the UAE has been ruled by the established dynasties of Japan and Germany. Performance SUVs, in particular, have been the domain of brands like Nissan, Toyota, Porsche and Mercedes. However, few can be unaware that an entirely new force has arrived, in the shape of Chinese car manufacturers. Once seen as a sour...

MUNICH (Reuters) -Chinese car makers are making inroads in Europe and executives say they are in the region to stay, underscoring a key reversal as brands from BYD to SAIC take market share on a continent where they once struggled to make sales. At this week's IAA Mobility car show in Munich, China's auto firms - facing a tough price war at home - were increasingly bullish about their plans for Europe, dominated still by local brands such as Volkswagen and Renault. "Everything we do starts with the needs of European users," said GAC's president of international operations Wei Haigang as the Chinese automaker showed off the Aion V electric SUV that will start sales in Poland, Portugal and Finland this month, and the Aion UT set to go on sale in Europe next year.

Since September 2020, the S&P 500 has delivered a total return of 94.8%. But one standout stock has more than doubled the market - over the past five years, Boyd Gaming has surged 203% to $85.34 per share. Its momentum hasn’t stopped as it’s also gained 28.6% in the last six months thanks to its solid quarterly results, beating the S&P by 12.6%.

The updated N9 arrives just six months after the SUV's March launch, making it one of the fastest-refreshed models under BYD's umbrella.

BYD looks poised to pull further ahead of Toyota Motor and Tesla in Singapore after the government extended two major electric vehicle incentive programs to push drivers toward cleaner cars. In a joint statement on Monday, the Land Transport Authority and National Environment Agency said the Vehicular Emissions Scheme will now run through the end o...