Etiqueta: Sales

Doha, Qatar: The Katara Hall at Raffles Doha was the stage for one of Qatar s most significant and impressive automotive brand launches. It was a mome...

Despite overcapacity, government officials keep supporting automakers, unleashing “new productive forces” and adding to trade tensions.

For now, Tesla has avoided a major setback, but the days ahead will reveal whether the company's direction is sufficient to engineer a fundamental turnaround.

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Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking to catch up to surging China EV makers that are dominating the world's largest auto market. The show that started this week showcased a marked shift in attitude among some foreign automakers, industry executives said. After being impressed by the bold leaps made by BYD and other Chinese automakers at last year's event in Shanghai, foreign automakers are now avidly searching for Chinese partners and announcing new tie-ups, the executives said.

Organisers say that 117 new models are making their debut at Auto China 2024, which runs through May 4

The Beijing auto show is showcasing cutting-edge cars that behave like tanks and can morph into living rooms.

U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition. In some foreign showrooms, BYD charges more than double — sometimes nearly triple — the price it gets for three key models in China, according to a Reuters review of the automaker’s pricing in five of its biggest export markets.

China's vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing Beijing auto show. Organizers say that 117 new models are making their debut at Auto China 2024, which runs through May 4. Xiaomi announced that it had received more than 75,000 orders in the four weeks since the launch of its first car, the SU7, with a list price of 215,900 to 299,900 yuan ($29,800-$41,400).