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Stellantis reports a 9% drop in Q4 shipments amidst inventory reduction efforts, with varying regional performances. Insights into global car market trends reported.
Volkswagen's CFO emphasizes productivity boosts for German plants, aligning with cost-cutting strategies to maintain global competitiveness.
Skoda Auto posts a 6.9% rise in global deliveries in 2024, driven by strong European sales, particularly in Germany, amid a changing automotive market landscape.
S&P Global Ratings downgrades Nissan's credit outlook to negative, highlighting concerns over the company's financial challenges and market conditions.
BMW reports a 4% decline in 2024 sales amid economic challenges, with a notable BEV segment growth despite downturns in China and Germany.
In 2024, China's electric vehicle sales surged over 40%, marking a transformative year in the global automotive market with significant domestic and export growth.
Foxconn's push into the electric vehicle market highlights the intersection of technology and traditional automotive industry, aiming for significant market share through strategic partnerships and innovation.
Porsche reports a 28% drop in China sales for 2024, highlighting challenges in the world's largest car market amid economic uncertainties.
China's vehicle exports will grow by 5.8% in 2025, slowing from 2024's surge, influenced by domestic sales, government policies, and NEV trends.
Stellantis targets U.S. sales growth by strengthening dealer ties and introducing new products to combat declining market share.
Discover how Ford Motors earned $600 million in China, showcasing a robust financial strategy amid tough market conditions.
Learn about BYD's upcoming launch of the Atto 2 compact SUV in Europe, set to boost competition in the electric vehicle market.