Automakers Are Taking a Beating Over China

Stocks for automakers such as General Motors, Fiat Chrysler Automobiles and Ford took a pounding Tuesday after China devalued its currency in an effort to boost exports from the country, stemming the economic slowdown already underway.

In a statement released Tuesday, GM said it had enough of a local supply chain within China to offset its exposure to international currency fluctuations.

“We believe that our exposure is limited and manageable, and do not expect that the devaluation will have a material impact on the company’s financial performance,” the company wrote.

Read more
China 2015: The 10 Most Impressive Chinese Carmakers at Auto Shanghai (Part 2)

It’s Leopaard, with two A’s.

Last time we had a look at the 10th to 6th most-impressive Chinese carmakers at Auto Shanghai 2015, it’s now time for ranks No. 5 to No. 2. By now, either the carmakers in question have made tremendous progress compared to last year in Beijing, or they are approaching world class. And we’ll start with the “Most Improved” award.

Drumroll, please:

Read more
  • Lou_BC Let me see. Humans are fallible. They can be very greedy. Politicians sell to the highest bidder. What could go wrong?
  • SPPPP Vibrant color 9 times out of 10 for me. There may be a few shapes that look just right in metallic gray, for example. There are a few nices ones out there. And I like VW "White Silver". But I'd usually prefer a deep red or a vibrant metallic green. Or a bright blue.
  • 28-Cars-Later Say it ain't so, so reboot #6* isn't going to change anything?[list=1][*]V4-6-8 and High "Tech" 4100.[/*][*]Front wheel drive sooooo modern.[/*][*]NOrthSTARt.[/*][*]Catera wooooo.[/*][*]ATS all the things.[/*][*]We're *are* your daddy's Tesla. [/*][/list=1]
  • MaintenanceCosts Can I have the hybrid powertrains and packaging of the RAV4 Hybrid or Prime with the interior materials, design, and build quality of the Mazda?
  • ToolGuy I have 2 podcasts to listen to before commenting, stop rushing my homework.