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Chinese brands look to grow global markets
Chinese brands look to grow global markets
TUESDAY, JULY 09, 2024
Chinese carmakers are revving up efforts to expand their overseas footprint, which analysts say is essential as they grow into globally influential companies.How a hand gesture can turn into a corporate crisis
How a hand gesture can turn into a corporate crisis
SUNDAY, JULY 07, 2024
Renault Korea, the Korean subsidiary of French carmaker Renault S.A., is grappling with a backlash over promotional videos that included a controversial finger-pinching gesture perceived as offensive towards men in South Korea.Japanese carmakers sweeten offers amid stiff competition from Chinese EVs
Japanese carmakers sweeten offers amid stiff competition from Chinese EVs
SUNDAY, NOVEMBER 19, 2023
Japanese car manufacturers are intensifying promotions to compete with Chinese electric vehicles.
Honda and Nissan are offering 0% interest rates and price reductions to attract customers.Chinese carmakers energising Thailand's plan to create EV production hub
Chinese carmakers energising Thailand's plan to create EV production hub
THURSDAY, JULY 13, 2023
Chinese manufacturers of electric vehicles (EVs) are flocking to Thailand with several billions of baht in investment, helping to boost the kingdom’s goal of becoming the EV production hub of Southeast Asia.Hyundai ranks 3rd worldwide in car sales in 1H 2022
Hyundai ranks 3rd worldwide in car sales in 1H 2022
MONDAY, AUGUST 15, 2022
Hyundai Motor Group said on Monday that it ranked third globally in car sales in the first half of this year – a first for South Korea’s largest carmaker.Chinese carmaker BYD set to drive into Thailand market
Chinese carmaker BYD set to drive into Thailand market
THURSDAY, AUGUST 11, 2022
Chinese car maker BYD announced that it would enter the Thailand car market, planning to work with local new energy vehicle dealer RÊVER Automotive, the carmaker said on its Weibo account on Tuesday.Toyota, Chinese carmakers set to join EV price war in Thailand
Toyota, Chinese carmakers set to join EV price war in Thailand
SATURDAY, APRIL 09, 2022
Spurred by growing domestic demand for electric vehicles, manufacturers in Japan and China are set to seek government subsidies to cut EV prices in Thailand, according to a Finance Ministry source.Russian auto boomtown grinds to halt over Ukraine sanctions
Russian auto boomtown grinds to halt over Ukraine sanctions
TUESDAY, APRIL 05, 2022
Thousands of autoworkers have been furloughed and food prices are soaring as Western sanctions pummel the small Russian city of Kaluga and its flagship foreign carmakers, with more sanctions likely to come.Japanese carmakers plan to cut production by 1.3 million units
Japanese carmakers plan to cut production by 1.3 million units
SUNDAY, OCTOBER 24, 2021
Japanese automakers expect production to be down by at least 1.3 million units in fiscal 2021 due to the global semiconductor shortage and the covid-19 pandemic in Southeast Asia, according to eight major manufacturers.Retail buyers buoy carmakers in third quarter
Retail buyers buoy carmakers in third quarter
THURSDAY, OCTOBER 01, 2020
Auto sales are recovering from the pandemic-induced slump earlier this year, with third-quarter deliveries beating expectations as consumers ditch shared rides for their own vehicles and seize on cheaper borrowing costs.
