Ferrari's supercar sales in Taiwan have been increasing, and CEO Benedetto Vigna is one of the few top executives from major global automakers that visit Taiwan regularly, according...
China's Ministry of Industry and Information Technology (MIIT) has issued a directive urging automakers to audit their chip usage and push for chip replacement verifications, intending...
Luxshare Precision Industry's entry into the future automobile market has not been as rapid as its Chinese competitors. However, market sources suggest that Luxshare may provide Chinese...
The big-3 German automakers, Volkswagen, Mercedes-Benz, and BMW, are all finding themselves struggling to adapt to the trend of vehicle electrification. Supply chain sources have...
As the global electric vehicle (EV) supply chain shifts towards a regionalized production model due to geopolitical and economic factors, the Chinese government is reportedly discouraging...
International electric vehicle (EV) companies, such as Ford Motor and General Motors (GM), are struggling to operate in China's hypercompetitive and low-priced EV environment.
The European Union's temporary tariffs on Chinese electric vehicles, introduced in early July, have triggered a sharp decline in registrations across the continent. SAIC Motor's MG,...
The British car market is witnessing a recovery, marked by diverse demand and strategic advantages that are drawing increased investment from automakers and supply chain players....
The EU's announcement of a 36.3% electric vehicle (EV) tariff on SAIC Motor has placed significant pressure on the automaker. Its revenue for the first half of 2024 was surpassed...
Initially launched in Japan and Europe, Level 3 autonomous vehicles are expected to see a significant production surge starting in 2024, with China leading the way, fueled by strong...
General Motors (GM) recently announced the elimination of over 1,000 jobs, with its software and services division bearing the brunt of the cuts. This move underscores the immense...
China's recent "Detailed Implementation Rules for Subsidies for Automobile Trade-ins" measure has shortened the lifespan of electric vehicles (EVs) eligible for scrapping to 6 years...
German luxury car brands BMW, Mercedes-Benz, and Audi are experiencing a decline in market share in China amid ongoing price cutting in the local car market. The German brands have...
In recent years, business for joint venture automakers in the Chinese market is no longer smooth sailing, facing increasing challenges. As a result, many have adjusted their local...
Due to weaker-than-expected demand for electric vehicles (EVs), many traditional Tier 1 suppliers in Europe and the US have undergone significant restructuring in recent years.
