China's car sales snap 5-month decline on subsidy boost
Chinese car sales rise in September as electric vehicles surge
Chinese sales of passenger vehicles rose in September to reverse five months of declines as consumer sentiment improved and the government enacted stimulus policies. Retail sales of passenger vehicles advanced 4.
China’s September Auto Sales Reverse Five-Month Declines, EVs Surge Ahead
China’s passenger-vehicle sales rose in September, reversing five months of declines thanks to supportive government policies and improving consumer sentiment.
China's car sales snap five-month decline on subsidy boost
China's government announced in July a subsidy of more than $2,800 when consumers scrap an older car to replace it with an EV, doubling a subsidy introduced in April. The subsidy for a more fuel-efficient combustion vehicle is just over $2,100.
Porsche reports Q3 2024 U.S. retail sales
Atlanta, Georgia. Porsche Cars North America, Inc. (PCNA) today announced U.S. retail deliveries in the third quarter of 2024 totaled 19,350 cars -- a decrease of 3.2 percent from the same period one year ago as the renewal of several model lines took place,
Porsche 9-month Deliveries Down On Weakness In China, North America
German automajor Porsche AG (POAHY.PK, POAHF.PK) reported Friday weak deliveries in the first nine months of fiscal 2024, hurt by a
Porsche's nine-month China sales plunge by third
German sports car maker Porsche on Friday posted a 29% nine-month sales drop in China, joining peers BMW and Mercedes in reporting weaker results in the country.
Uber's CEO wants you to ride in an electric car — and is fine if it's made in China
In an interview with the BBC, Uber CEO Dara Khosrowshahi said that EVs made in China would be crucial to fighting the climate ...
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Nap time at 110 km/h? In China, driver catches some Z’s and lets car autopilot take the wheel
A man in China has ignited a public safety debate after a video surfaced of him purportedly sleeping and watching a movie ...
VW, Porsche China Sales Slide as Market Turns to Local EVs
Volkswagen AG’s China sales slid 15% in the third quarter as Germany’s biggest carmaker continued to lose ground in key ...
China to Penalize European Brandy Imports, Striking Back at Car Tariffs
Beijing’s action came days after European nations moved toward tariffs on electric vehicles from China, and it included a ...
EU hits China with big taxes in electric car sales battle
Big taxes will be imposed on imports of electric vehicles from China to the EU after the majority of member states backed the ...
Snubbed by Tesla, Mexican government pledges to create its own small, affordable electric car
MEXICO CITY (AP) — Snubbed by Tesla, Mexico’s new president pledged Friday to create a Mexican-made small, affordable ...
Why your Chinese electric car could be spying on you
The car was 12 miles away – but the hackers may as well have been inside it. Over a wireless connection, the small group was ...
China files complaint against Turkey at WTO over electric vehicle tariffs
China has taken the first step in initiating a trade dispute with Turkey at the World Trade Organization over its tariffs on ...