China warns of ‘penalties’ against carmakers for price war
Other than slashing prices, some automakers have offered incentives such as interest-free loans to entice buyers Chinese regulators warned of “severe penalties” against automakers after…
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Carmakers
Beijing warns carmakers as price war escalates
CHINESE regulators summoned executives from major new-energy vehicle (NEV) makers this week, demanding an end to excessive competition just as a fresh round of price cuts was set to define…
Trump’s U-turn on fuel economy rules lifts European carmakers' shares
The Trump administration cast the change, aimed at making it easier for automakers to sell petrol-powered cars Shares of European carmakers jumped between 2.5 per cent and 5 per cent in…
Chinese carmakers retreat from record share of European sales
Chinese carmakers lost ground in Europe in October, slipping back from the record market share they captured a month earlier across the region. In the hybrid categories, where…
Chinese carmakers shift to ‘asset-light’ models in overseas expansion
CHINESE carmaker Geely is betting that an “asset-light” investment model will accelerate its overseas expansion, as competition among China’s automakers to win foreign drivers intensifies…
Nexperia, the new crisis looming for Europe's carmakers
Carmakers and parts suppliers warn of shortages that could halt production lines across Europe European automakers already buffeted by US tariffs and a rocky shift towards electric…
Global carmakers race to beat China’s rare earths deadline
[LONDON/BERLIN] Global automakers are scouring the globe for crucial rare earths ahead of looming Chinese export controls, with executives worried they could lead to parts shortages and…
Chinese carmakers may keep price advantage despite Mexico levies
Mexico’s plan to levy tariffs of up to 50 per cent on vehicles from China may not unduly impact the Asian nation’s auto manufacturers whose inherently lower production costs mean their…
Russia export slide forcing a rethink at some Chinese carmakers
Russia turned into a lucrative market for Chinese automakers after the invasion of Ukraine, as they rushed in to fill the void left by foreign brands. That easy access may be over. In late…
Chinese carmakers resist Beijing’s call to end brutal price war
China’s campaign to stamp out a ferocious electric vehicle (EV) price war seems to be having a limited effect, with all of the nation’s top 20 auto brands either keeping discounts intact,…
Japan’s carmakers slash export prices to US to offset tariff hit
While Japanese automakers have announced some price increases, the country’s strategy of not raising prices too much has shown up in other data Japan’s automakers slashed the…
Japan’s carmakers absorbing tariffs may bolster Trump position
Japanese carmakers have largely absorbed the cost of US President Donald Trump’s tariffs on auto imports, a move that may undermine the Asian nation’s negotiating power ahead of a Jul 9…
Chinese carmakers vow to make timely supplier payments as backlash to price war grows
Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers over long payment times as well as regulatory…
Auto tariffs spur U.S. investments, force tough choices on prices for carmakers
President Trump's tariffs on foreign-made cars and auto parts are only weeks old, but they're sending shockwaves through the global marketplace, as automakers shift production to the U.S.…
Toyota warns of profit drop as tariff chaos threatens carmakers
Toyota Motor is bracing itself for a bumpy year, with the Japanese carmaker warning of a slump in profit as global manufacturers scramble to shield themselves from US President Donald…
Toyota meets “aggressive” Apac entry of China carmakers with more EVs – but also combustion engines
Facing fierce regional competition from Chinese carmakers, Japanese automotive giant Toyota is banking on a strategy of continuing to offer combustion engine cars alongside ramped-up…
EV Winter is here. Carmakers are betting on a thaw
The move to electric vehicles is the auto industry’s biggest transformation since cars replaced horses early last century. Just about every traditional automaker is going through its own…
Beijing warns EU against separate price talks with carmakers
China on Saturday warned the European Union against holding unilateral price talks with individual car manufacturers on top of negotiations with Beijing about countervailing duties on…
Carmakers expand dealerships to boost sales: Do they have right products?
7 min read Last Updated : Oct 02 2024 | 12:18 AM IST Maruti Suzuki India, the country’s largest maker of passenger cars, wants to add more layers to its dealerships with Nexa Studio and…