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CHINA CAR OVERCAPACITY
China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
China may have found a way to tackle glut in car marketTwo state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
- As Opel turns to Chinese partners, its hometown frets about the future
Struggling like many other European automakers, Opel is expanding its partnership with Leapmotor to build a new SUV, tapping the Hangzhou-b...
The overcapacity narrative of the US: Why it does not apply to IndiaThe ‘overcapacity’ argument posits that certain countries produce far beyond their domestic absorption capacity, dumping the surplus on wor...
BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
Beijing set to cut tax rebates to ease concerns on high exportsChina is reducing or canceling tax rebates on hundreds of products, including solar cells and batteries, starting April 1. These voluntary ...
China steps up price war checks as cars keep getting cheaperState administration for market regulation announced proposed guidelines late Friday, including measures that would prevent manufacturers f...
US-China trade talks: Can Beijing shift from exports to spending?Upcoming US-China trade talks in Stockholm will likely address China's export dependence and excess production. The US seeks increased Chin...
China plans crackdown on zero-mileage used car salesChina's industry ministry is considering a ban on reselling cars within six months of registration to tackle the issue of zero-mileage used...
China's great electric leap forwardChina's EV sales are poised to surpass US passenger car sales, driven by strong policy support and fiscal incentives, aligning climate goal...
China-EU EV tariff spat: Beijing asks carmakers to halt Europe expansionBeijing is telling manufacturers to put on hold active searches for production sites in the region and signing of new deals, and generally ...
China carmakers to double manufacturing capacity abroad to beat tariffsExports and knockdown assembly - where key parts of cars are made in China then shipped overseas for assembly - have traditionally been Chi...
China defends manufacturing push, says world needs more EVsThe EU is moving forward with tariffs on Chinese electric cars, while Donald Trump has threatened to impose duties of 50% or more on import...
China protests Modi’s response to Taiwanese President’s congratulatory messageChina protests India over PM Modi's response to Taiwanese President's message. Modi thanked Lai Ching-te for his warm message, aiming for c...
G7 needs to stand united on Chinese overcapacity: FranceFrench Finance Minister Bruno Le Maire highlights the need for G7 unity against China's overcapacity in electric car batteries and joint ac...
Few Chinese electric cars are sold in U.S., but industry fears a floodAmerican automakers expressed their approval of the Biden administration's decision on Tuesday to levy a 100% tariff on electric vehicles i...
'It is desolate': China's glut of unused car factoriesThe facility, a former assembly plant and engine factory, had been a joint venture of a Chinese company and Hyundai, the South Korean giant...
China says its EV firms do not rely on subsidies to gain competitive advantageCommerce Minister Wang Wentao defended China's electric vehicle industry against overcapacity accusations by the U.S. and Europe, emphasizi...
China to cut subsidies for new energy vehicles by a fifth next yearGlobal automakers such as Volkswagen AG, General Motors Co, Toyota Motor Corp and Tesla Inc are ramping up electric vehicle production in C...
- World auto production, auto markets have shifted to Asia: Michael Dunne, Dunne & Co Ltd
West to East is the big shift in the auto industry and will redefine in many ways, the way auto industry is structured today.