Etiqueta: Sales

China’s leading EV maker, BYD, just hit another major milestone. The BYD Yuan family surpassed 1 million in sales this...

Chinese firms have reported a decline in sales and a hit to brand image as a result of the EU's recently concluded anti-subsidy probe

BYD and Honda are part of the Zacks Industry Outlook article.

The Yuan family models include the Yuan Up, Yuan Plus, and Yuan Pro, all SUVs targeting the RMB 100,000 to RMB 150,000 price range.

BoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they can redeploy resources to finally become competitive with Tesla—but they can't do both.

Ultra-fast charging batteries hold promise, but significant infrastructure challenges remain to be addressed.

BYD has made team changes to its smart driving development center to increase its focus on in-house technology, according to local media.

Denza and Fang Cheng Bao are recruiting dealers, becoming the latest Chinese auto brands to abandon their direct-only sales model.

TOKYO (Reuters) -Japan's weak yen sharply boosted the value of exports in May but the volume of sales shrank for the fourth consecutive month, highlighting that global demand is still relatively soft and complicating the central bank's monetary tightening path. The Bank of Japan last week took a step forward to reduce its huge bond purchases as part of plans to exit years of massive stimulus. The soft underbelly in the trade report though adds to the picture of a fragile economy, making future interest rate hikes far from assured.

Legacy U.S. automakers such as Ford Motor and General Motors should leave the China market to preserve capital amid the costly electric vehicle (EV) transition, a leading auto analyst said on Tuesday. “I think you have to see the [Detroit Three] exit China as soon as they possibly can,” said John Murphy, Bank of America Securities analyst, at his annual presentation of “Car Wars,” a closely watched industry report. Murphy's guidance for the Big Three came during a discussion of the harsh cost-cutting measures they would have to take to be competitive with EV manufacturers like Tesla, as well as carmakers abroad.