CN EV Post
MARCH 9, 2023
A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.
Baua Electric
JANUARY 23, 2024
Bosch, the world’s largest automotive supplier for Ford, GM, Toyota, VW, and BMW, among others, said last week that as many as 1,200 employers in its software and electronics division would be fired by the end of 2026, and that 80% of those cuts would take place at the Stuttgart-based headquarters in Germany. Get started here.
CN EV Post
MARCH 13, 2023
The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.
Teslarati
JANUARY 6, 2023
The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. But simultaneously, luxury German automakers have mysteriously not seen the same rapid declines in stock prices, some (Porsche) even increasing in value over the same timeframe.
Green Car Congress
APRIL 1, 2010
The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The leading iron ore exporters announced on 30 March steps to raise their prices by more than 80%. Major producers like India and Russia hardly export their iron ore.
CN EV Post
MARCH 12, 2023
The price war in China's auto industry continues, with Volkswagen becoming the latest to join in. 6 Crozz, two SUVs with suggested retail prices starting at RMB 217,900 and RMB 258,900 respectively. 6 X, with suggested retail prices starting at RMB 195,888 and RMB 259,888, respectively. series of ID.4 series EVs.
Baua Electric
MARCH 22, 2024
The heads of BMW, Volkswagen, and Renault have spoken out against European Union’s emission targets in recent days, arguing that the phase-out rules put too much pressure on the industry and that consumers aren’t buying EVs fast enough. FTC: We use income earning auto affiliate links. We are not contesting 2035,” said de Meo.
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