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Ford 'adjusts' some exports to China due to tariffs
New York (AFP) April 18, 2025 Citing the US-China trade conflict, Ford said Friday it has "adjusted" its exports to the country, where the US auto giant operates manufacturing jointly with local partners. "We have adjusted exports from the US to China in light of the current tariffs," Ford told AFP without specifying the models affected. The US auto giant halted Michigan-made shipments of the F-150 Raptor, Mustang and Bronco sport utility vehicles, according to a Wall Street Journal report Friday. Also affected was the ... read more |
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China's BYD forecasts record first-quarter net profitBeijing (AFP) April 8, 2025 Chinese electric vehicle giant BYD expects to see record profits in the first quarter of the year, according to preliminary results published on Tuesday, as booming sales saw it ship more than a million cars. ... more
Starmer unveils support for tariff-hit auto sectorLondon (AFP) April 7, 2025 UK leader Keir Starmer vowed Monday to "shelter British business from the storm" of global economic disruption as he loosened electric vehicle targets for carmakers impacted by US President Donald Trump's tariffs. ... more 
Fatal Xiaomi crash raises questions about assisted driving tech in ChinaBeijing (AFP) April 2, 2025 Chinese EV maker Xiaomi said it would cooperate with a police investigation into a fatal crash involving one of its cars which had been in autonomous mode just before the accident. ... more 
Chinese EV giant BYD surpasses rival Tesla with record 2024 revenueBeijing (AFP) Mar 24, 2025 Chinese carmaker BYD saw a surge in revenue last year, a stock filing showed Monday, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion. ... more |
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Xiaomi posts 2024 revenue surge as EV push deepens Beijing (AFP) Mar 18, 2025 Chinese consumer tech giant Xiaomi on Tuesday announced a surge in annual revenue, propelled by strong smartphone sales alongside a continued push into the electric vehicle sector. ... more 
BMW warns on tariffs, China as 2024 profits plungeBerlin (AFP) Mar 14, 2025 German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after reporting a plunge in profits last year. ... more 
Chinese company to buy bankrupt German flying taxi firmBerlin (AFP) Mar 13, 2025 Insolvent German flying taxi firm Volocopter is to be bought by a Chinese vehicle parts maker, just weeks after another German company in the field, Lilium, collapsed. ... more 
Volkswagen profits hit as high costs, China woes weighWolfsburg, Germany (AFP) Mar 11, 2025 German auto giant Volkswagen said Tuesday its annual profits nosedived during a torrid year that saw Europe's top carmaker increasingly struggle with high production costs and fierce Chinese competition. ... more 
Europe to protect auto sector from 'mortal danger': EU industry chiefBrussels, Belgium (AFP) Mar 5, 2025 Europe's carmakers are in "mortal danger", EU industry chief Stephane Sejourne warned as the bloc launched a much-vaunted plan Wednesday to rescue its auto sector. ... more |
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EU emissions reprieve for carmakers may slow EV shift
Paris (AFP) Mar 4, 2025 The European Commission's proposal to ease emission targets would enable struggling automakers to keep profits flowing from fossil fuel models but could potentially stall Europe's shift to electric vehicles and climate progress. European car companies, already beset by Chinese competition, had been warning that they would struggle to meet the ambitious 2025 carbon dioxide (CO2) reduction target, which exposed the sector to hefty fines. The European Union's executive arm proposed on Monday to giv ... read more 
EU proposes emission rule delay to spare carmakers from finesBrussels, Belgium (AFP) Mar 3, 2025 EU chief Ursula von der Leyen offered Monday to give struggling European carmakers "breathing space" by allowing them extra time to meet 2025 emission reduction targets without facing fines. ... more |
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Paris imposes car-sharing lane on congested ring roadParis (AFP) Mar 3, 2025 Paris on Monday began limiting one lane of its notoriously busy ring road to car sharing during rush hours, the latest move by the French capital to ease congestion and pollution on one of Europe's most traffic-clogged thoroughfares. ... more 
'No need to overthink': China Tesla fans unfazed by Musk politicsBeijing (AFP) Feb 27, 2025 Tesla founder Elon Musk's role in the Trump administration has risked isolating the firm's traditionally liberal customers in its home market but consumers in US trade rival China seemed largely indifferent on Thursday. ... more
Aston Martin cuts jobs as weak China demand weighsLondon (AFP) Feb 26, 2025 Aston Martin Lagonda announced Wednesday it would cut about five percent of its workforce as weak Chinese demand contributed to losses widening at the luxury car group last year. ... more
Tesla rolls out advanced self-driving functions in ChinaShanghai (AFP) Feb 25, 2025 US electric vehicle giant Tesla has started offering advanced self-driving functions for its cars in China, including autopilot on city streets, the company announced on Tuesday. ... more 
China's EV maker XPeng eyes doubling global presence by year's endGuangzhou (AFP) Feb 22, 2025 One of China's leading electric vehicle makers XPeng plans to double the number of countries in which the company operates by the end of this year, its CEO said Saturday. ... more |
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