Etiqueta: VW

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.

The facilities are aimed at helping the automakers begin production of a jointly-developed architecture in two years, which will include configuring electronic components, modules, and networks.

Since Vladimir Putin’s full-scale invasion of Ukraine in early 2022, Chinese carmakers have come to dominate the Russian auto market, filling the void left by Western rivals. Lately, however,…

Volkswagen AG and Stellantis NV face painful cutbacks after a tumultuous 2024 with deep, structural changes reshaping the European auto industry. And the next 12 months don’t look any easier.

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