Etiqueta: Great Wall

China's Car Manufacturers Boost Global Sales Despite Domestic Challenges

The theme at the Paris Auto Show this year is lower priced electric cars that can compete with low cost offerings from Chinese manufacturers.

Due to Stellantis' poor financial performance in the first half of 2023, CEO Carlos Tavares publicly declared at the end of July that the company would shut down unprofitable brands. This announcement has made the fate of its luxury car brand Maserati a global hot topic, with many twists and turns in the ensuing speculation.

Sime Darby, No. 25 on the Fortune Southeast Asia 500, is working with BYD to sell EVs in Singapore and Malaysia.

According to the organiser, over 50 auto brands are displayed. However, the competition is between China and the rest of the world.

Some 130 carmakers from around the globe are showcasing more than 1,600 models at the Chengdu Motor Show, the annual heavyweight gala for car aficionados and buyers in Southwest China.

BYD and other Chinese OEMs active in Pakistan - a market seen as having good demand growth potential

Will BYD's Fang Cheng Bao compensate existing customers upset by the price cut?

The numbers come against a stormy backdrop with a growing number of Chinese automakers taking aim at each other in the press amid competition concerns.

Thailand is a regional auto assembly and export hub. Read more at straitstimes.com.