Etiqueta: bmw

The old school motor show is alive and well in China, where both local and European brands have unveiled a plethora of new models

India's Tata Motors plans to import its Jaguar Land Rover (JLR) luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, two Indian government sources said.

Chinese battery and automotive giant BYD achieved a record profit in 2023, annual results showed Tuesday, despite fierce competition in the country as demand for electric vehicles grows.

For decades, Germany was the car nation. But the more electromobility develops, the more Volkswagen, Mercedes, BMW and the like seem to be outpaced by other countries' manufacturers.

France and Germany disagree over China’s plan to sell a million electric cars in Europe. Germany fears action may harm its China business. The EU may investigate dumping.

The Asian continent is emerging as the undisputed manufacturing market, where major automotive manufacturers are looking for quality and low-cost supply.