Geely

Malaysia is shielding Proton from foreign competition – even with China’s Geely on board

The first electric SUV to be made in Valencia is the EX5

[STOCKHOLM] Volvo Cars scrapped its target of selling more cars this year due to a sharper-than-expected deterioration in China which cut into profitability in the second quarter.

The country’s bottom-up model produced some of its most successful companies but also created excess capacity

Officials are now discussing whether to give various Chinese manufacturers a specific allocation within the 49,000 vehicles

But partnering local companies carries big risks

Net income declines to 4.2 billion yuan in the three months ended Mar 31, compared with 5.7 billion yuan in the year-ago period

The surge in oil prices due to the Iran war has driven gains in shares of electric vehicle and battery makers as alternative-energy plays

Trump administration officials appear reluctant to remove current barriers to Chinese cars