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BMW (BMWG.DE) posted flat third-quarter operating profit on Friday as investments in new technologies and hiring staff ate into profits from sales of its premium cars.
Nov. 4 , 2016
As auto-sales growth has slowed this year in the U.S., the biggest gainers have been smaller luxury brands with new SUV offerings. Exhibit A: Jaguar, the elegant British line known traditionally for its sports cars and sedans.
Nov. 4 , 2016
Sales of SAIC-GM-Wuling Auto (short for SGMW) were 195 thousand units in the Chinese market in October, with a monthly rise of 9% and a yearly rise of 13.8%, according to data from the company.
Nov. 4 , 2016
China should consider adopting the wireless communication standards developed in the U.S. and Europe for vehicle connectivity because the technology is mature and commercially available.
Nov. 4 , 2016
General Motors will unveil a plug-in hybrid concept car -- dubbed the Buick Velite -- at the Guangzhou auto show later this month.
Nov. 4 , 2016
A year ago, the Chinese government halved the purchase tax for light vehicles with engine sizes of 1.6 liters and below. Sales subsequently jumped, as expected, but now the government faces a problem of its own making.
Nov. 4 , 2016