Etiqueta: VW

China's industrial subsidies and aggressive export-led growth are undercutting German manufacturing. To defend its automotive and engineering sectors, Germany must finally get tough on China with trade and industrial policies.

Someone drove and compared the Tesla Model 3, Volkswagen ID.7, and BYD Seal, and the EV cost and efficiency results were quite a surprise.

The German automaker’s namesake brand is struggling in the US and China because of a patchy offering.

The profound and sustained challenge to auto industry economics will force cost cutting, mergers — and all the political wrangling, labor unrest and trade friction this entails.

BYD Auto, China's electric vehicle (EV) king, was the world's biggest seller of pure electric cars in the fourth quarter of 2024, as Tesla's sales for the period fell short of expectations. Shenzhen-based BYD beat Austin, Texas-based Tesla by more than 20 per cent in terms of deliveries. In the fourth quarter, BYD delivered 595,412 battery electric vehicles (BEVs) to customers, up 13.1 per cent from a year earlier. The company, which counts Warren Buffett's Berkshire Hathaway as a shareholder, a

In the fourth quarter, BYD beat Tesla by more than 20 per cent in terms of deliveries.

As it struggles to keep up with low-cost rivals like BYD, GM expects to suffer a $5 billion blow to...

BYD might overtake Ford for the entire 2024 if the sales momentum continues