Car dealerships across China are facing losses of almost $20 billion as consumers hold off on making major purchases and ...
Car dealers incurred combined losses of 138 billion yuan ($19.55 billion) in the first eight months of the year as they were ...
Mercedes cut its profit forecast following BMW as German auto makers reel from slowing home sales, China competition and ...
American businesses hoped China would be a gold mine. That dream is dying and it could make it harder for the countries to ...
Volkswagen AG has begun to trim corporate jobs in China as it works to reduce overhead by a target of 20% globally over the ...
U.S. arms sales to Taiwan have seriously violated China's "One China Principle" and provisions of joint communiques between ...
Taipei said in July it was hopefully it would receive all 66 F-16V jets by the end of 2026, adding to one of Asia's largest ...
Benz on Thursday cut its full-year profit margin for the second time in less than two months, after overall sales volume fell ...
China’s new home sales and new construction starts by property developers narrowed their year-over-year declines in August, ...
Festival has seen the Chinese mooncake industry buckle under domestic consumption woes. While these round pastries remain a ...
VW and SAIC are cutting capacity and conducting a strategy review of the Skoda brand in China after a steep dropoff in sales.
A consumer slump in China, coupled with the market's rapid shift toward EVs, has turned the former stronghold for VW into a ...