Sales of electric and hybrid vehicles in China almost halved in October as the withdrawal of government subsidies and an economic slowdown cool the once red-hot market, reported the Financia... Read more
lowing demand for cars is putting pressure on China’s auto dealerships, nearly half of which posted losses in the first six months of this year, according to a new industry report by Shangha... Read more
Chinese auto sales fell for the 14th time in 15 months, extending what’s already been a historically prolonged slump in the world’s largest car market, said Bloomberg. Sales of sedans, sport... Read more
China’s State Council called on major city governments to relax or even cancel restrictions designed to limit car sales, aiming to boost a struggling auto market now entering its second year... Read more
Peugeot maker PSA Group and partner Dongfeng Group have agreed to cut thousands of jobs in China and drop two of their four shared assembly plants, in a last-ditch bid to curb losses as the... Read more
