Etiqueta: Volkswagen

The government backers of China's largest auto show have clashed over who has the rights to organise it, sowing confusion among automakers and would-be attendees just weeks before the opening of the showpiece event in the world's biggest auto market. 'Auto China' alternates between being held in Beijing and Shanghai every year and is set to be staged this year in Shanghai between April 23 and May 2, where automakers, from Volkswagen to BYD, are expected to unveil dozens of new models and discuss company strategy. A dispute between organisers China Council for the Promotion of International Trade (CCPIT) and the Council for the Promotion of International Trade Shanghai (CCPIT Shanghai) has spilled into the open after both issued separate notices last month saying they had opened media registrations.

Ten carmakers, including BMW and Ford , and two trade bodies have reached a settlement with the UK's antitrust regulator to pay 77.7 million pounds ($100.43 million) in fine after admitting to breaking vehicle recycling-related competition law, Competition and Markets Authority said on Tuesday.

Shanghai (Gasgoo)- On April 1, Volkswagen Group announced that it will debut three new concept car models at the forthcoming Auto Shanghai 2025. These models,

It’s the closest race the electric vehicle market has ever seen. In 2024, Tesla held on to its crown as the world’s leading battery electric vehicle (BEV) brand—but just barely. With 1.789.226 units sold, Tesla outpaced China’s BYD by a razor-thin margin of only 24.234 vehicles. That’s a 1% drop…

US tariffs are failing to halt the rise of cars from the Asian giant, especially in emerging markets, and could even accelerate it

BYD’s novel take on a plug-in hybrid uses advanced tech to keep you running on electric power for longer. It’s impressively efficient and tremendous value with plenty of family-friendly space

International Business News: Trump’s 25% tariff on imported vehicles aids Tesla in the US but fails against China’s BYD, which leads global EV sales. Tesla faces backlash abroad d

In 2024, BYD overtook Tesla in global electric vehicle sales. BYD reported higher annual revenue than Tesla. While Tesla faced brand perception issues and public backlash due to Elon Musks political ties, BYD focused on innovation and market expansion. BYD's technological advancements and affordable models contributed to its growing dominance.

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