China's big EV push into Europe fizzles out on EU tariffs and slowdown
Brands led by SAIC Motor Corp.'s MG registered 3.5 per cent fewer EVs in the region for all of 2024, according to data from automotive researcher Dataforce ...
Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
The bank on Thursday abandoned a cost target for 2025, saying it wanted to make investments in business. It now aims for a ...
Intellinews on MSN25m
Volkswagen ponders handing over idle production lines to Chinese carmakers
By bno - Taipei Bureau Volkswagen is considering allowing Chinese carmakers to take over its surplus production lines in Europe as it faces declining demand and increasing competition from the same ...