Etiqueta: Geely
BYD Shares Plunge After Deep Discounts Spark EV Price War Fears
BYD Stock Dives as Dealer Inventory Overhang Prompts Heavy Discounts
China’s EV giant BYD decimates local competition with cheaper cars
BYD’s fresh price cuts have reignited China’s fierce EV price war, sending stocks of major local automakers tumbling.
Chinese car makers’ shares plummet as price war heats up
Manufacturers are continuing to slash prices and offer premium features to lure in customers
BYD Shares Extend Losses as Price Cuts Throw Spotlight on Sales
BYD Co. shares extended losses in Hong Kong trading Tuesday — taking their two-day slide to more than 10% — as last week’s sweeping price cuts stoked concern of another wave of discounting in China’s cutthroat electric car market.
Tesla Rival BYD Tumbles After Launching China EV Price War. Several...
Tesla rival BYD has unveiled major discounts, with some rivals firing back in a new China EV price war. BYD stock plunged in Hong Kong trading.
Volvo eliminará el 7% de su plantilla global ante baja en...
(Bloomberg) -- El fabricante sueco de automóviles Volvo Car AB planea eliminar alrededor del 7% de su plantilla global para reducir costos, contrarrestar menor demanda y proteger sus ganancias.La medida afectará a unos 3.000 puestos de trabajo, incluidos 1.000 consultores, según informó Volvo el lunes. El fabricante emplea a unas 43.800 personas, más de la mitad de ellas en Suecia.Volvo incurrirá en costos de reestructuración de hasta 1.500 millones de coronas suecas (US$140 millones), lo que af
BYD starts a new EV price war in China
BYD has triggered another EV price war in China by slashing the price of several models, sending the stocks of...
BYD kicks off EV rebate wave in China
The Chinese market leader BYD is offering considerable discounts on models from the Dynasty and Ocean series in its home market as part of a promotion until
Fabricantes de vehículos eléctricos chinos se desploman tras fuerte rebaja de...
(Bloomberg) -- BYD Co. lideró la caía de las acciones de empresas chinas de vehículos eléctricos en Hong Kong el lunes, mientras los inversionistas digerían los fuertes recortes de precios de hasta un 34% anunciados por el gigante automotriz a fines de la semana pasada.Las acciones de la marca de automóviles más vendida de China se hundieron hasta un 8,3%, mientras que sus competidores Li Auto Inc., Great Wall Motor Co. y Geely Automobile Holdings Ltd. registraron descensos superiores al 5% ante
China auto shares sink after BYD offers trade-in incentives
SHANGHAI (Reuters) -Shares in Chinese automakers such as BYD, Nio and Geely tumbled on Monday after industry leader BYD offered fresh incentives on over 20 models and the CEO of Great Wall Motors warned that the world's largest auto industry was in an unhealthy state. The Hong Kong-listed shares of BYD Co Ltd closed 8.6% lower, while Geely Auto fell 9.5%. Chinese electric vehicle giant BYD over the weekend announced a fresh round of subsidies and incentives for more than 20 models, which reduced the starting price of its cheapest model, the pure battery-powered Seagull hatchback, to 55,800 yuan ($7,765).
