#China
Mercedes Slapped With $56M Fine in China for "Price Fixing"
The Chinese province of Jiangsu has levied a 350 million yuan ($56 million USD) fine against Mercedes-Benz in continued efforts to break perceived monopolies in car and part sales. It’s the largest fine given to an automaker to date.
Shanghai 2015: Chinese Domestic Market Ford Taurus Revealed
Bowing at the 2015 Shanghai Auto Show, the Ford Taurus’ arrival marks the sedan’s first-ever appearance in the Chinese market.
Tesla Commits To Localized Production In China Within Three Years
Aiming to build confidence among Chinese consumers, Tesla CEO Elon Musk has pledged his company will begin local production in China within three years.
Tesla Remedying Sales, Range Anxiety Woes In China
Tesla hasn’t had the best time in China as of late, a situation the automaker is looking to remedy as quickly as possible.
ChemChina, Finanzaria Buying Pirelli In €7.1B Takeover Deal
Should things go as planned, China National Chemical Corp. — ChemChina — will buy into Pirelli in a €7.1 billion ($7.7 billion USD) deal.
BS Explains Why Tesla's Chinese JV Is BS
Whatever you thought of his editorial style at TTAC, Bertel Schmitt is the best person to turn to if you want to make sense of China’s car market. His column today, on the rumors about a Tesla joint venture in China, thoroughly debunks the case made in Chinese media reporters.
Uber, BYD Sign Deal To Test EV Fleet In Chicago
Chicago Uber customers are the first to take a ride in a Chinese-made EV, thanks to a deal between BYD and the transportation network company.
Tesla Denies Gigafactory Delays, Axes 200 In China
Tesla may be denying delays in the construction of its Gigafactory, but the automaker’s not holding back on firing 200 employees in China due to poor sales.
Automakers Continue Support Of Electric Vehicles Despite Weak Sales
Though sales of electric vehicles are still weak, automakers are not giving up on them over the long term.
Tesla Hitting Sales Roadblock In China
Tesla’s Apple aspirations may have its detractors, but the automaker’s ongoing problems in China are likely to do more harm than said detractors.
Mercedes-Maybach Lands In China With S600, S400 Models
Chinese luxury sedan consumers are the first to see Mercedes-Maybach in their showrooms, arriving in the form of the S600 and S400.
Back Home Again In Indiana: Mercedes-Benz To Move R-Class Production To Its Old U. S. Hometown
As a tyke growing up in South Bend, Indiana, my father and I would often stake out the lots behind the Studebaker factories with hopes of spotting the next generation Avanti or Lark. Too often all we spied were rows of Mercedes-Benz automobiles due to the fact that Studebaker was the U.S. distributor for the German brand up until shortly before the closure of their South Bend operations in 1963.
Yesterday it was announced that Mercedes-Benz was returning to South Bend to build the R-Class crossover at the AM General plant, producer of the military Humvee and the late GM Hummer. Mercedes-Benz once moved their headquarters from South Bend to New Jersey and soon to the South (Atlanta) and now R-Class production is moving from the South (Alabama) to South Bend. Got it?
Holden Retaining Name For Next-Gen FWD Sedan
Holden will retain the Commodore nameplate for its next-generation large sedan, even though the new “Commodore” will bear no resemblance to the large, rear-drive car currently sold in Australia.
Tesla Share Price Plummets After Musk's NAIAS 2015 Visit
Tesla shareholders felt lighter Wednesday after the automaker’s stock price fell from just over $200/share to $186.09/share after CEO Elon Musk’s announcement at the 2015 Automotive News World Congress in Detroit — held during the 2015 Detroit Auto Show — that his company wouldn’t be profitable until the start of the 2020s.
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